{"id":621299,"date":"2018-11-05T04:00:48","date_gmt":"2018-11-05T04:00:48","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2018\/11\/05\/nuca-looks-to-borrow-egp-10-bn-for-new-city-construction-and-infrastructure\/"},"modified":"2018-11-05T04:00:48","modified_gmt":"2018-11-05T04:00:48","slug":"nuca-looks-to-borrow-egp-10-bn-for-new-city-construction-and-infrastructure","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2018\/11\/05\/nuca-looks-to-borrow-egp-10-bn-for-new-city-construction-and-infrastructure\/","title":{"rendered":"NUCA looks to borrow EGP 10 bn for new city construction and infrastructure"},"content":{"rendered":"

The New Urban Communities Authority is looking to borrow EGP 10 bn to finance construction and infrastructure works in the new cities, sources tell Al Mal<\/a>. The company is in early talks with several local banks including the National Bank of Egypt, QNB, Banque du Caire, and the Housing and Development Bank.<\/p>\n","protected":false},"excerpt":{"rendered":"

The New Urban Communities Authority is looking to borrow EGP 10 bn to finance construction and infrastructure works in the new cities, sources tell Al Mal. The company is in early talks with several local banks including the National Bank of Egypt, QNB, Banque du Caire, and the Housing and Development Bank.<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"single-feature.php","format":"standard","meta":{"_acf_changed":false,"newspack_ads_suppress_ads":false,"newspack_popups_has_disabled_popups":false,"newspack_sponsor_sponsorship_scope":"","newspack_sponsor_native_byline_display":"inherit","newspack_sponsor_native_category_display":"inherit","newspack_sponsor_underwriter_style":"inherit","newspack_sponsor_underwriter_placement":"inherit","ep_exclude_from_search":false,"_primary_brand":0,"newspack_featured_image_position":"","newspack_post_subtitle":"","newspack_article_summary_title":"Overview:","newspack_article_summary":"","newspack_hide_updated_date":false,"newspack_show_updated_date":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[9298],"tags":[204,2372,72,7087,879,83],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-621299","post","type-post","status-publish","format-standard","hentry","category-banking-finance","tag-banking","tag-banking-finance","tag-enterpriseam","tag-finance","tag-new-urban-communities-authority","tag-real-estate","wpautop","entry"],"acf":{"mongo_id":"37e04815-2450-4eee-b690-12abf683c7ab","order":"0","is_powered_by":true,"story_type":"1","photo_url":"","photo_position":"above","full_issue_title":"NUCA looks to borrow EGP 10 bn for new city construction and infrastructure","related_issue":[621264],"teaser":"","voice_url":"https:\/\/s3.us-east-1.amazonaws.com\/ent.news\/audio\/2024\/6\/.b184129f-f8b5-477b-9d91-d05bf505224c.mp3"},"yoast_head":"\nNUCA looks to borrow EGP 10 bn for new city construction and infrastructure - EnterpriseAM Egypt<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/enterpriseam.com\/egypt\/2018\/11\/05\/nuca-looks-to-borrow-egp-10-bn-for-new-city-construction-and-infrastructure\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"NUCA looks to borrow EGP 10 bn for new city construction and infrastructure\" \/>\n<meta property=\"og:description\" content=\"The New Urban Communities Authority is looking to borrow EGP 10 bn to finance construction and infrastructure works in the new cities, sources tell Al Mal. The company is in early talks with several local banks including the National Bank of Egypt, QNB, Banque du Caire, and the Housing and Development Bank.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2018\/11\/05\/nuca-looks-to-borrow-egp-10-bn-for-new-city-construction-and-infrastructure\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2018-11-05T04:00:48+00:00\" \/>\n<meta name=\"author\" content=\"enterpriseam admin\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"enterpriseam admin\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2018\/11\/05\/nuca-looks-to-borrow-egp-10-bn-for-new-city-construction-and-infrastructure\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2018\/11\/05\/nuca-looks-to-borrow-egp-10-bn-for-new-city-construction-and-infrastructure\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"NUCA looks to borrow EGP 10 bn for new city construction and infrastructure\",\"datePublished\":\"2018-11-05T04:00:48+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2018\/11\/05\/nuca-looks-to-borrow-egp-10-bn-for-new-city-construction-and-infrastructure\/\"},\"wordCount\":63,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"keywords\":[\"banking\",\"BANKING + FINANCE\",\"EnterpriseAM\",\"Finance\",\"New Urban Communities Authority\",\"real estate\"],\"articleSection\":[\"Banking + Finance\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2018\/11\/05\/nuca-looks-to-borrow-egp-10-bn-for-new-city-construction-and-infrastructure\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2018\/11\/05\/nuca-looks-to-borrow-egp-10-bn-for-new-city-construction-and-infrastructure\/\",\"name\":\"NUCA looks to borrow EGP 10 bn for new city construction and infrastructure - 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The National Bank of Egypt, CIB, the Arab African International Bank, and EFG Hermes are on board to manage the issuance, and the authority is\u2026","rel":"","context":"In "Banking + Finance"","block_context":{"text":"Banking + Finance","link":"https:\/\/enterpriseam.com\/egypt\/category\/banking-finance\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":594619,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/09\/02\/al-yosr-group-to-borrow-egp-1-1-bn-from-three-banks\/","url_meta":{"origin":621299,"position":3},"title":"Al Yosr Group to borrow EGP 1.1 bn from three banks","author":"enterpriseam admin","date":"2 September 2019","format":false,"excerpt":"Al Yosr Group has signed loan agreements with Banque du Caire (BdC), Suez Canal Bank (SCB) and the Industrial Development Bank (IDB) for a combined EGP 1.1 bn, sources told Al Shorouk. Al Yosr will borrow EGP 800 mn from BdC, EGP 200 mn from SCB and EGP 100 mn\u2026","rel":"","context":"In "Banking + Finance"","block_context":{"text":"Banking + Finance","link":"https:\/\/enterpriseam.com\/egypt\/category\/banking-finance\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":592753,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/11\/05\/ora-developers-looking-to-borrow-egp-1-bn-from-six-banks\/","url_meta":{"origin":621299,"position":4},"title":"Ora Developers looking to borrow EGP 1 bn from six banks","author":"enterpriseam admin","date":"5 November 2019","format":false,"excerpt":"Ora Developers is negotiating with six banks to borrow over EGP 1 bn to finance the first phase of its EGP 8 bn Zed project in Sheikh Zayed, CEO Haitham Abdel Azim tells Al Mal. The banks include CIB, the National Bank of Egypt, and Banque Misr.","rel":"","context":"In "Banking + Finance"","block_context":{"text":"Banking + Finance","link":"https:\/\/enterpriseam.com\/egypt\/category\/banking-finance\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":597328,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/07\/22\/three-banks-cover-nucas-egp-6-bn-securitization-bond-tranche\/","url_meta":{"origin":621299,"position":5},"title":"Three banks cover NUCA\u2019s EGP 6 bn securitization bond tranche","author":"enterpriseam admin","date":"22 July 2019","format":false,"excerpt":"Three local banks fully covered the EGP 6 bn of securitization bonds offered by the New Urban Communities Authority (NUCA) last week, Al Mal reported. The National Bank of Egypt, CIB, and the Arab African International Bank covered EGP 2 bn each. 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