{"id":621871,"date":"2018-11-19T04:05:37","date_gmt":"2018-11-19T04:05:37","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2018\/11\/19\/ebrd-approves-usd-24-mn-loan-for-andalusia-group\/"},"modified":"2018-11-19T04:05:37","modified_gmt":"2018-11-19T04:05:37","slug":"ebrd-approves-usd-24-mn-loan-for-andalusia-group","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2018\/11\/19\/ebrd-approves-usd-24-mn-loan-for-andalusia-group\/","title":{"rendered":"EBRD approves USD 24 mn loan for Andalusia Group"},"content":{"rendered":"<p>The European Bank for Reconstruction and Development (EBRD) has approved granting a USD 24 mn loan for healthcare provider <a href=\"http:\/\/www.andalusiagroup.net\/\">Andalusia Group<\/a>, an unnamed EBRD executive tells Amwal Al Ghad. Andalusia will channel the funds toward a new hospital, as well as expand an existing one in Cairo. The group had <a href=\"https:\/\/enterprise.press\/stories\/2016\/10\/25\/andalusia-hospital-investing-usd-50-mn-over-three-years\/\">previously announced<\/a> its plans to invest USD 50 mn in Egypt in the next three years. We had also noted <a href=\"https:\/\/enterprise.press\/stories\/2018\/11\/04\/andalusia-group-to-establish-new-healthcare-facility-in-new-alamein-city-2\/\">earlier this month<\/a> that the group is planning to establish a medical facility in New Alamein.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The European Bank for Reconstruction and Development (EBRD) has approved granting a USD 24 mn loan for healthcare provider Andalusia Group, an unnamed EBRD executive tells Amwal Al Ghad. Andalusia will channel the funds toward a new hospital, as well as expand an existing one in Cairo. The group had previously announced its plans to [&hellip;]<\/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":[204,2372,7097,571,72,7087,7115],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-621871","post","type-post","status-publish","format-standard","hentry","category-banking-finance","tag-banking","tag-banking-finance","tag-development","tag-ebrd","tag-enterpriseam","tag-finance","tag-healthcare","wpautop","entry"],"acf":{"mongo_id":"080238f3-1ee4-494f-b966-d5df589cd1ad","order":"0","is_powered_by":true,"section_story_id":"1adf29ce-623e-46f8-8903-348a4debf9d0","story_type":"1","photo_url":"","photo_position":"above","related_issue":[621837],"teaser":"","voice_url":""},"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.1 (Yoast SEO v27.1.1) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>EBRD approves USD 24 mn loan for Andalusia Group - 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\/19\/ebrd-approves-usd-24-mn-loan-for-andalusia-group\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"EBRD approves USD 24 mn loan for Andalusia Group\" \/>\n<meta property=\"og:description\" content=\"The European Bank for Reconstruction and Development (EBRD) has approved granting a USD 24 mn loan for healthcare provider Andalusia Group, an unnamed EBRD executive tells Amwal Al Ghad. Andalusia will channel the funds toward a new hospital, as well as expand an existing one in Cairo. The group had previously announced its plans to [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2018\/11\/19\/ebrd-approves-usd-24-mn-loan-for-andalusia-group\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2018-11-19T04:05:37+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\/19\/ebrd-approves-usd-24-mn-loan-for-andalusia-group\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2018\/11\/19\/ebrd-approves-usd-24-mn-loan-for-andalusia-group\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"EBRD approves USD 24 mn loan for Andalusia Group\",\"datePublished\":\"2018-11-19T04:05:37+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2018\/11\/19\/ebrd-approves-usd-24-mn-loan-for-andalusia-group\/\"},\"wordCount\":92,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"keywords\":[\"banking\",\"BANKING + FINANCE\",\"development\",\"EBRD\",\"EnterpriseAM\",\"Finance\",\"healthcare\"],\"articleSection\":[\"Banking + Finance\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2018\/11\/19\/ebrd-approves-usd-24-mn-loan-for-andalusia-group\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2018\/11\/19\/ebrd-approves-usd-24-mn-loan-for-andalusia-group\/\",\"name\":\"EBRD approves USD 24 mn loan for Andalusia Group - EnterpriseAM Egypt\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#website\"},\"datePublished\":\"2018-11-19T04:05:37+00:00\",\"breadcrumb\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2018\/11\/19\/ebrd-approves-usd-24-mn-loan-for-andalusia-group\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/enterpriseam.com\/egypt\/2018\/11\/19\/ebrd-approves-usd-24-mn-loan-for-andalusia-group\/\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2018\/11\/19\/ebrd-approves-usd-24-mn-loan-for-andalusia-group\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/enterpriseam.com\/egypt\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"EBRD approves USD 24 mn loan for Andalusia Group\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#website\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/\",\"name\":\"EnterpriseAM\",\"description\":\"The State of the Nation\",\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/enterpriseam.com\/egypt\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\",\"name\":\"EnterpriseAM\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/logo\/image\/\",\"url\":\"https:\/\/ent.news\/internal\/240894.svg\",\"contentUrl\":\"https:\/\/ent.news\/internal\/240894.svg\",\"caption\":\"EnterpriseAM\"},\"image\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/logo\/image\/\"}},{\"@type\":\"Person\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\",\"name\":\"enterpriseam admin\",\"sameAs\":[\"http:\/\/enterpriseam.testing.projectsarea.com\"],\"url\":\"https:\/\/enterpriseam.com\/egypt\/author\/enterpriseam\/\"}]}<\/script>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"EBRD approves USD 24 mn loan for Andalusia Group - EnterpriseAM Egypt","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/enterpriseam.com\/egypt\/2018\/11\/19\/ebrd-approves-usd-24-mn-loan-for-andalusia-group\/","og_locale":"en_US","og_type":"article","og_title":"EBRD approves USD 24 mn loan for Andalusia Group","og_description":"The European Bank for Reconstruction and Development (EBRD) has approved granting a USD 24 mn loan for healthcare provider Andalusia Group, an unnamed EBRD executive tells Amwal Al Ghad. 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The company is currently working on buying two land plots from the New Urban Communities Authority (NUCA),\u2026","rel":"","context":"In &quot;Speed Round&quot;","block_context":{"text":"Speed Round","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":598318,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/05\/21\/qnb-alahli-in-talks-with-ebrd-for-usd-70-mn-loan\/","url_meta":{"origin":621871,"position":1},"title":"QNB Alahli in talks with EBRD for USD 70 mn loan","author":"enterpriseam admin","date":"21 May 2019","format":false,"excerpt":"QNB Alahli is in talks with the European Bank for Reconstruction and Development (EBRD) over a USD 70 mn loan, the local press reports. The loan will be used to finance renewable energy projects, SMEs and value chains.","rel":"","context":"In &quot;Banking + Finance&quot;","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":560934,"url":"https:\/\/enterpriseam.com\/egypt\/2021\/03\/18\/banque-du-caire-gets-usd-100-mn-ebrd-loan-for-smes-trade-finance\/","url_meta":{"origin":621871,"position":2},"title":"Banque du Caire gets USD 100 mn EBRD loan for SMEs + trade finance","author":"enterpriseam admin","date":"18 March 2021","format":false,"excerpt":"Egyptian MSMEs will have access to USD 50 mn worth of financing through Banque du Caire, which is getting a USD 100 mn loan from the European Bank for Reconstruction and Development (EBRD) to support the Egyptian economy, the bank said in a press release(pdf). USD 50 mn of the\u2026","rel":"","context":"In &quot;Development finance&quot;","block_context":{"text":"Development finance","link":"https:\/\/enterpriseam.com\/egypt\/category\/industries\/development-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":576868,"url":"https:\/\/enterpriseam.com\/egypt\/2022\/11\/01\/qnb-al-ahli-could-be-getting-usd-20-mn-in-ebrd-funding-to-lend-to-youth-led-smes\/","url_meta":{"origin":621871,"position":3},"title":"QNB Al Ahli could be getting USD 20 mn in EBRD funding to lend to youth-led SMEs","author":"enterpriseam admin","date":"1 November 2022","format":false,"excerpt":"EBRD money for youth-led SMEs: Qatar National Bank Al Ahli (QNB Al Ahli) could be getting a senior unsecured loan of up to USD 20 mn from the European Reconstruction and Development Bank (EBRD) for on-lending to youth-led MSMEs, according to the lender\u2019s website. What\u2019s a senior loan, you ask?\u2026","rel":"","context":"In &quot;Development finance&quot;","block_context":{"text":"Development finance","link":"https:\/\/enterpriseam.com\/egypt\/category\/industries\/development-finance\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2022\/11\/40.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":594245,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/10\/23\/ebrd-plans-to-extend-usd-400-mn-to-egyptian-banks-to-lend-to-smes\/","url_meta":{"origin":621871,"position":4},"title":"EBRD plans to extend USD 400 mn to Egyptian banks to lend to SMEs","author":"enterpriseam admin","date":"23 October 2019","format":false,"excerpt":"The European Bank for Reconstruction and Development (EBRD) could extend USD 400 mn in loans to unnamed local banks to finance SMEs, the EBRD\u2019s national small business support program manager Reem El Saady said.","rel":"","context":"In &quot;Banking + Finance&quot;","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":579284,"url":"https:\/\/enterpriseam.com\/egypt\/2023\/02\/01\/ebrd-and-partners-fund-more-green-finance-for-smes-ebrd-bii-lend-usd-100-mn-to-bdc\/","url_meta":{"origin":621871,"position":5},"title":"EBRD and partners fund more green finance for SMEs + EBRD, BII lend USD 100 mn to BdC","author":"enterpriseam admin","date":"1 February 2023","format":false,"excerpt":"DFIs to fund more green projects + privatization candidate BdC gets funding: More funding for green projects will be available to local SMEs courtesy of the European Bank for Reconstruction and Development (EBRD), the EU, and the Green Climate Fund. 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