{"id":622985,"date":"2018-10-17T03:24:54","date_gmt":"2018-10-17T03:24:54","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2018\/10\/17\/edb-in-talks-for-usd-500-mn-facility-for-trade-finance\/"},"modified":"2018-10-17T03:24:54","modified_gmt":"2018-10-17T03:24:54","slug":"edb-in-talks-for-usd-500-mn-facility-for-trade-finance","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2018\/10\/17\/edb-in-talks-for-usd-500-mn-facility-for-trade-finance\/","title":{"rendered":"EDB in talks for USD 500 mn facility for trade finance?"},"content":{"rendered":"<p>The Export Development Bank (EDB) is starting a fresh round of talks with international lenders for USD 500 mn to finance trade between Egypt and African countries, <a href=\"http:\/\/www.masrawy.com\/news\/news_economy\/details\/2018\/10\/14\/1443730\/%D8%A8%D9%86%D9%83-%D8%AA%D9%86%D9%85%D9%8A%D8%A9-%D8%A7%D9%84%D8%B5%D8%A7%D8%AF%D8%B1%D8%A7%D8%AA-%D9%8A%D8%AF%D8%B1%D8%B3-%D8%A7%D9%84%D8%AA%D9%81%D8%A7%D9%88%D8%B6-%D8%B9%D9%84%D9%89-%D8%AA%D9%85%D9%88%D9%8A%D9%84%D8%A7%D8%AA-%D8%AF%D9%88%D9%84%D9%8A%D8%A9-%D9%84%D8%AA%D8%A8%D8%A7%D8%B7%D8%A4-%D9%82%D8%B1%D8%B6-%D8%A3%D9%81%D8%B1%D9%8A%D9%83%D8%B3%D9%8A%D9%85#sectionListing\">sources told Masrawy<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Export Development Bank (EDB) is starting a fresh round of talks with international lenders for USD 500 mn to finance trade between Egypt and African countries, sources told Masrawy.<\/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":[2372,72],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-622985","post","type-post","status-publish","format-standard","hentry","category-banking-finance","tag-banking-finance","tag-enterpriseam","wpautop","entry"],"acf":{"mongo_id":"651644cb-1811-4234-8e78-89d56f7c6d0a","order":"0","is_powered_by":true,"section_story_id":"b15f3d62-2b69-4ac7-8ef1-01b19ec520a2","story_type":"1","photo_url":"","photo_position":"above","related_issue":[622945],"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>EDB in talks for USD 500 mn facility for trade finance? - 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\/10\/17\/edb-in-talks-for-usd-500-mn-facility-for-trade-finance\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"EDB in talks for USD 500 mn facility for trade finance?\" \/>\n<meta property=\"og:description\" content=\"The Export Development Bank (EDB) is starting a fresh round of talks with international lenders for USD 500 mn to finance trade between Egypt and African countries, sources told Masrawy.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2018\/10\/17\/edb-in-talks-for-usd-500-mn-facility-for-trade-finance\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2018-10-17T03:24:54+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\/10\/17\/edb-in-talks-for-usd-500-mn-facility-for-trade-finance\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2018\/10\/17\/edb-in-talks-for-usd-500-mn-facility-for-trade-finance\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"EDB in talks for USD 500 mn facility for trade finance?\",\"datePublished\":\"2018-10-17T03:24:54+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2018\/10\/17\/edb-in-talks-for-usd-500-mn-facility-for-trade-finance\/\"},\"wordCount\":39,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"keywords\":[\"BANKING + FINANCE\",\"EnterpriseAM\"],\"articleSection\":[\"Banking + Finance\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2018\/10\/17\/edb-in-talks-for-usd-500-mn-facility-for-trade-finance\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2018\/10\/17\/edb-in-talks-for-usd-500-mn-facility-for-trade-finance\/\",\"name\":\"EDB in talks for USD 500 mn facility for trade finance? - EnterpriseAM Egypt\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#website\"},\"datePublished\":\"2018-10-17T03:24:54+00:00\",\"breadcrumb\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2018\/10\/17\/edb-in-talks-for-usd-500-mn-facility-for-trade-finance\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/enterpriseam.com\/egypt\/2018\/10\/17\/edb-in-talks-for-usd-500-mn-facility-for-trade-finance\/\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2018\/10\/17\/edb-in-talks-for-usd-500-mn-facility-for-trade-finance\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/enterpriseam.com\/egypt\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"EDB in talks for USD 500 mn facility for trade finance?\"}]},{\"@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":"EDB in talks for USD 500 mn facility for trade finance? - 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\/10\/17\/edb-in-talks-for-usd-500-mn-facility-for-trade-finance\/","og_locale":"en_US","og_type":"article","og_title":"EDB in talks for USD 500 mn facility for trade finance?","og_description":"The Export Development Bank (EDB) is starting a fresh round of talks with international lenders for USD 500 mn to finance trade between Egypt and African countries, sources told Masrawy.","og_url":"https:\/\/enterpriseam.com\/egypt\/2018\/10\/17\/edb-in-talks-for-usd-500-mn-facility-for-trade-finance\/","og_site_name":"EnterpriseAM Egypt","article_published_time":"2018-10-17T03:24:54+00:00","author":"enterpriseam admin","twitter_card":"summary_large_image","twitter_misc":{"Written by":"enterpriseam admin"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/enterpriseam.com\/egypt\/2018\/10\/17\/edb-in-talks-for-usd-500-mn-facility-for-trade-finance\/#article","isPartOf":{"@id":"https:\/\/enterpriseam.com\/egypt\/2018\/10\/17\/edb-in-talks-for-usd-500-mn-facility-for-trade-finance\/"},"author":{"name":"enterpriseam admin","@id":"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d"},"headline":"EDB in talks for USD 500 mn facility for trade finance?","datePublished":"2018-10-17T03:24:54+00:00","mainEntityOfPage":{"@id":"https:\/\/enterpriseam.com\/egypt\/2018\/10\/17\/edb-in-talks-for-usd-500-mn-facility-for-trade-finance\/"},"wordCount":39,"publisher":{"@id":"https:\/\/enterpriseam.com\/egypt\/#organization"},"keywords":["BANKING + FINANCE","EnterpriseAM"],"articleSection":["Banking + Finance"],"inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/enterpriseam.com\/egypt\/2018\/10\/17\/edb-in-talks-for-usd-500-mn-facility-for-trade-finance\/","url":"https:\/\/enterpriseam.com\/egypt\/2018\/10\/17\/edb-in-talks-for-usd-500-mn-facility-for-trade-finance\/","name":"EDB in talks for USD 500 mn facility for trade finance? - EnterpriseAM Egypt","isPartOf":{"@id":"https:\/\/enterpriseam.com\/egypt\/#website"},"datePublished":"2018-10-17T03:24:54+00:00","breadcrumb":{"@id":"https:\/\/enterpriseam.com\/egypt\/2018\/10\/17\/edb-in-talks-for-usd-500-mn-facility-for-trade-finance\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/enterpriseam.com\/egypt\/2018\/10\/17\/edb-in-talks-for-usd-500-mn-facility-for-trade-finance\/"]}]},{"@type":"BreadcrumbList","@id":"https:\/\/enterpriseam.com\/egypt\/2018\/10\/17\/edb-in-talks-for-usd-500-mn-facility-for-trade-finance\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/enterpriseam.com\/egypt\/"},{"@type":"ListItem","position":2,"name":"EDB in talks for USD 500 mn facility for trade finance?"}]},{"@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\/"}]}},"featured_image_src":null,"featured_image_src_square":null,"author_info":{"display_name":"enterpriseam admin","author_link":"https:\/\/enterpriseam.com\/egypt\/author\/enterpriseam\/"},"jetpack_featured_media_url":"","jetpack_sharing_enabled":true,"jetpack-related-posts":[{"id":639241,"url":"https:\/\/enterpriseam.com\/egypt\/2017\/10\/24\/edb-awaits-central-bank-approval-on-usd-500-mn-credit-facility-agreement-with-afreximbank\/","url_meta":{"origin":622985,"position":0},"title":"EDB awaits central bank approval on USD 500 mn credit facility agreement with Afreximbank","author":"enterpriseam admin","date":"24 October 2017","format":false,"excerpt":"The Export Development Bank (EDB) is waiting for the central bank\u2019s approval on a USD 500 mn credit facility agreement with the African Export-Import Bank (Afreximbank), which will be used to fund trade activities between Egypt and other African countries, EDB Chairman Mervat Sultan tells Al Borsa. The bank is\u2026","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":639298,"url":"https:\/\/enterpriseam.com\/egypt\/2017\/10\/25\/edb-says-still-in-talks-with-afreximbank-over-joint-cooperation-framework-no-credit-facility-agreement-signed\/","url_meta":{"origin":622985,"position":1},"title":"EDB says still in talks with Afreximbank over joint cooperation framework, no credit facility agreement signed","author":"enterpriseam admin","date":"25 October 2017","format":false,"excerpt":"The Export Development Bank (EDB) is in talks with the African Export-Import Bank (Afreximbank) to establish a joint cooperation framework that would support Egyptian exporters looking to break into African markets, a bourse disclosure says (pdf). The release followed statements from EDB Chairman Mervat Sultan saying the bank was pending\u2026","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":575929,"url":"https:\/\/enterpriseam.com\/egypt\/2020\/11\/03\/whos-in-the-market-for-debt-vetopharm-intl-edb\/","url_meta":{"origin":622985,"position":2},"title":"Who\u2019s in the market for debt? Vetopharm Int\u2019l + EDB","author":"enterpriseam admin","date":"3 November 2020","format":false,"excerpt":"Vetopharm International has obtained a EGP 650 mn syndicated loan from local banks to finance a new production facility in the Borg Al Arab Industrial Zone, according to the local press. The banks include the Export Development Bank Of Egypt, Egyptian Arab Land Bank, Industrial Development Bank, Suez Canal Bank,\u2026","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":601562,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/03\/04\/dp-in-talks-with-egypt-banks-for-usd-500-mn-ain-sokhna-port-expansion\/","url_meta":{"origin":622985,"position":3},"title":"DP in talks with Egypt banks for USD 500 mn Ain Sokhna port expansion","author":"enterpriseam admin","date":"4 March 2019","format":false,"excerpt":"UAE\u2019s DP World is in talks with banks in Egypt to arrange a USD 500 mn loan to finance its Ain Sokhna port expansion project, banking sources told Al Shorouk. Some of the banks are based in GCC countries but all have branches in Egypt. The loan will cover the\u2026","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":601365,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/02\/26\/banque-du-caire-in-talks-with-arab-lender-to-secure-usd-30-mn-loan\/","url_meta":{"origin":622985,"position":4},"title":"Banque du Caire in talks with Arab lender to secure USD 30 mn loan","author":"enterpriseam admin","date":"26 February 2019","format":false,"excerpt":"Banque du Caire (BdC) is in talks with an unnamed Arab financial institution for a USD 30 mn loan, Chairman Tarek Fayed told the domestic press. The bank is planning to secure USD 100 mn in loans this year as it looks to increase its financing of international trade operations\u2026","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":556048,"url":"https:\/\/enterpriseam.com\/egypt\/2021\/10\/10\/new-infusions-of-usd-for-state-banking-system\/","url_meta":{"origin":622985,"position":5},"title":"New infusions of USD for state, banking system?","author":"enterpriseam admin","date":"10 October 2021","format":false,"excerpt":"The Madbouly government is looking to raise USD 2 bn through a three-year syndicated facility, according to a Finance Ministry statement on Friday. The loan will include ESG and Islamic finance components, with the ESG tranche set to target green projects under the Finance Ministry\u2019s green financing framework, Emirates NBD,\u2026","rel":"","context":"In &quot;DEBT WATCH&quot;","block_context":{"text":"DEBT WATCH","link":"https:\/\/enterpriseam.com\/egypt\/category\/debt-watch\/"},"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\/622985","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=622985"}],"version-history":[{"count":0,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/622985\/revisions"}],"acf:post":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/issue\/622945"}],"wp:attachment":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media?parent=622985"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/categories?post=622985"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/tags?post=622985"},{"taxonomy":"brand","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/brand?post=622985"},{"taxonomy":"newspack_spnsrs_tax","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/newspack_spnsrs_tax?post=622985"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}