{"id":621921,"date":"2018-11-21T04:17:56","date_gmt":"2018-11-21T04:17:56","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2018\/11\/21\/ebrd-signs-usd-7-mn-loan-agreement-with-obour-land-to-finance-expansions\/"},"modified":"2018-11-21T04:17:56","modified_gmt":"2018-11-21T04:17:56","slug":"ebrd-signs-usd-7-mn-loan-agreement-with-obour-land-to-finance-expansions","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2018\/11\/21\/ebrd-signs-usd-7-mn-loan-agreement-with-obour-land-to-finance-expansions\/","title":{"rendered":"EBRD signs USD 7 mn loan agreement with Obour Land to finance expansions"},"content":{"rendered":"<p>The European Bank for Reconstruction and Development (EBRD) has signed a USD 7 mn loan agreement with Egyptian cheesemaker Obour Land, <a href=\"https:\/\/www.ebrd.com\/news\/2018\/ebrd-boosts-egyptian-dairy-sector-.html\">according to an EBRD statement<\/a>. Obour Land will us the loan to finance its expansion plans, including establishing a \u201cgreenfield dairy farm, with imported milking equipment and 2,500 dairy cows.\u201d The farm has an estimated production output of 60 tonnes of milk per day.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The European Bank for Reconstruction and Development (EBRD) has signed a USD 7 mn loan agreement with Egyptian cheesemaker Obour Land, according to an EBRD statement. Obour Land will us the loan to finance its expansion plans, including establishing a \u201cgreenfield dairy farm, with imported milking equipment and 2,500 dairy cows.\u201d The farm has an [&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":[9309],"tags":[2416,317,828,7106,571,72,723],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-621921","post","type-post","status-publish","format-standard","hentry","category-basic-materials-commodities","tag-basic-materials-commodities","tag-commodities","tag-dairy","tag-debt","tag-ebrd","tag-enterpriseam","tag-obour-land","wpautop","entry"],"acf":{"mongo_id":"8a589991-eca2-4c9c-ae54-ad68c56ac104","order":"0","is_powered_by":true,"story_type":"1","photo_url":"","photo_position":"above","full_issue_title":"EBRD signs USD 7 mn loan agreement with Obour Land to finance expansions","related_issue":[621886],"teaser":"","voice_url":"https:\/\/s3.us-east-1.amazonaws.com\/ent.news\/audio\/2024\/6\/.014b3a63-75fd-4de7-9fa5-ed0b81757820.mp3"},"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 signs USD 7 mn loan agreement with Obour Land to finance expansions - 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\/21\/ebrd-signs-usd-7-mn-loan-agreement-with-obour-land-to-finance-expansions\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"EBRD signs USD 7 mn loan agreement with Obour Land to finance expansions\" \/>\n<meta property=\"og:description\" content=\"The European Bank for Reconstruction and Development (EBRD) has signed a USD 7 mn loan agreement with Egyptian cheesemaker Obour Land, according to an EBRD statement. Obour Land will us the loan to finance its expansion plans, including establishing a \u201cgreenfield dairy farm, with imported milking equipment and 2,500 dairy cows.\u201d The farm has an [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2018\/11\/21\/ebrd-signs-usd-7-mn-loan-agreement-with-obour-land-to-finance-expansions\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2018-11-21T04:17:56+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\/21\/ebrd-signs-usd-7-mn-loan-agreement-with-obour-land-to-finance-expansions\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2018\/11\/21\/ebrd-signs-usd-7-mn-loan-agreement-with-obour-land-to-finance-expansions\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"EBRD signs USD 7 mn loan agreement with Obour Land to finance expansions\",\"datePublished\":\"2018-11-21T04:17:56+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2018\/11\/21\/ebrd-signs-usd-7-mn-loan-agreement-with-obour-land-to-finance-expansions\/\"},\"wordCount\":74,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"keywords\":[\"Basic Materials + Commodities\",\"commodities\",\"dairy\",\"debt\",\"EBRD\",\"EnterpriseAM\",\"Obour Land\"],\"articleSection\":[\"Basic Materials + Commodities\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2018\/11\/21\/ebrd-signs-usd-7-mn-loan-agreement-with-obour-land-to-finance-expansions\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2018\/11\/21\/ebrd-signs-usd-7-mn-loan-agreement-with-obour-land-to-finance-expansions\/\",\"name\":\"EBRD signs USD 7 mn loan agreement with Obour Land to finance expansions - 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The new subsidiary will have EGP 50 mn in issued capital.","rel":"","context":"In &quot;Basic Materials + Commodities&quot;","block_context":{"text":"Basic Materials + Commodities","link":"https:\/\/enterpriseam.com\/egypt\/category\/basic-materials-commodities\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":637752,"url":"https:\/\/enterpriseam.com\/egypt\/2017\/11\/23\/obour-land-to-set-up-subsidiary-for-dairy-production\/","url_meta":{"origin":621921,"position":1},"title":"Obour Land to set up subsidiary for dairy production","author":"enterpriseam admin","date":"23 November 2017","format":false,"excerpt":"Obour Land\u2019s board of directors approved establishing Obour Farm, a subsidiary that will focus on producing dairy products, according to a bourse statement. The company will be 98% owned by Obour Land and will have EGP 50 mn in issued capital and EGP 500 in authorized capital.","rel":"","context":"In &quot;Basic Materials + Commodities&quot;","block_context":{"text":"Basic Materials + Commodities","link":"https:\/\/enterpriseam.com\/egypt\/category\/basic-materials-commodities\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":635804,"url":"https:\/\/enterpriseam.com\/egypt\/2017\/12\/13\/obour-land-to-import-1500-heifers-for-their-new-dairy-farm\/","url_meta":{"origin":621921,"position":2},"title":"Obour Land to import 1,500 heifers for their new dairy farm","author":"enterpriseam admin","date":"13 December 2017","format":false,"excerpt":"Obour Land plans to import 1,500 heifers from Germany for the dairy farm the company plans to establish under the brand name Obour Farm, the company\u2019s head of IR Ahmed Abdel Moneim tells Al Borsa. 500 cows will initially be used when the farm kicks off operation in January 2018,\u2026","rel":"","context":"In &quot;Basic Materials + Commodities&quot;","block_context":{"text":"Basic Materials + Commodities","link":"https:\/\/enterpriseam.com\/egypt\/category\/basic-materials-commodities\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":639115,"url":"https:\/\/enterpriseam.com\/egypt\/2017\/10\/22\/obour-land-general-assembly-approved-launching-dairy-operations\/","url_meta":{"origin":621921,"position":3},"title":"Obour Land general assembly approved launching dairy operations","author":"enterpriseam admin","date":"22 October 2017","format":false,"excerpt":"Cheesemaker Obour Land\u2019s general assembly signed off on the company directly entering the dairy industry, according to a bourse filing picked up by Al Mal. The assembly also approved entering into partnerships with other companies in the sector. The decision was prompted by difficulties in securing milk for its manufacturing\u2026","rel":"","context":"In &quot;Basic Materials + Commodities&quot;","block_context":{"text":"Basic Materials + Commodities","link":"https:\/\/enterpriseam.com\/egypt\/category\/basic-materials-commodities\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":573688,"url":"https:\/\/enterpriseam.com\/egypt\/2020\/08\/13\/egypts-obour-land-to-break-ground-on-egp-255-mn-dairy-farm-before-year-end\/","url_meta":{"origin":621921,"position":4},"title":"Egypt\u2019s Obour Land to break ground on EGP 255 mn dairy farm before year-end","author":"enterpriseam admin","date":"13 August 2020","format":false,"excerpt":"Obour Land will break ground before the end of the year on a new dairy farm expected to cost EGP 255 mn, investor relations head Ramy El Ghazaly said. The cheesemaker had originally planned to launch the project earlier but faced delays due to the covid-19 pandemic, and is currently\u2026","rel":"","context":"In &quot;Basic Materials + Commodities&quot;","block_context":{"text":"Basic Materials + Commodities","link":"https:\/\/enterpriseam.com\/egypt\/category\/basic-materials-commodities\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":625863,"url":"https:\/\/enterpriseam.com\/egypt\/2018\/08\/16\/ebrd-signs-eur-44-mn-loan-agreement-with-beyti-to-finance-expansions\/","url_meta":{"origin":621921,"position":5},"title":"EBRD signs EUR 44 mn loan agreement with Beyti to finance expansions","author":"enterpriseam admin","date":"16 August 2018","format":false,"excerpt":"The European Bank for Reconstruction and Development (EBRD) has signed a EUR 44 mn loan agreement with Beyti Food Industries, the EBRD announced yesterday. \u201cThe loan includes a committed tranche of up to EGP 150 mn and an uncommitted tranche for up to USD 35.5 mn or EGP equivalent.\u201d Beyti\u2026","rel":"","context":"In &quot;Basic Materials + Commodities&quot;","block_context":{"text":"Basic Materials + Commodities","link":"https:\/\/enterpriseam.com\/egypt\/category\/basic-materials-commodities\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]}],"_links":{"self":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/621921","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/comments?post=621921"}],"version-history":[{"count":0,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/621921\/revisions"}],"acf:post":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/issue\/621886"}],"wp:attachment":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media?parent=621921"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/categories?post=621921"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/tags?post=621921"},{"taxonomy":"brand","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/brand?post=621921"},{"taxonomy":"newspack_spnsrs_tax","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/newspack_spnsrs_tax?post=621921"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}