{"id":623092,"date":"2018-10-21T04:11:13","date_gmt":"2018-10-21T04:11:13","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2018\/10\/21\/hdd-bod-approves-egp-1-2-bn-loan-offer-from-govt-bank\/"},"modified":"2018-10-21T04:11:13","modified_gmt":"2018-10-21T04:11:13","slug":"hdd-bod-approves-egp-1-2-bn-loan-offer-from-govt-bank","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2018\/10\/21\/hdd-bod-approves-egp-1-2-bn-loan-offer-from-govt-bank\/","title":{"rendered":"HDD BoD approves EGP 1.2 bn loan offer from gov\u2019t bank"},"content":{"rendered":"<p>State-owned Heliopolis Housing and Development\u2019s (HDD) board of directors approved on Wednesday an offer from an unnamed government bank for a EGP 1.2 bn long-term loan, <a href=\"http:\/\/www.egx.com.eg\/downloads\/Bulletins\/222562_1.pdf\">according to an EGX disclosure (pdf)<\/a>. The company will <a href=\"https:\/\/enterprise.press\/stories\/2018\/06\/06\/hdd-seeking-egp-1-bn-loan\/\">use the funds<\/a> to finance utility and infrastructure works at its New Heliopolis project, and cover interest expenses for other shorter-term loans.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>State-owned Heliopolis Housing and Development\u2019s (HDD) board of directors approved on Wednesday an offer from an unnamed government bank for a EGP 1.2 bn long-term loan, according to an EGX disclosure (pdf). The company will use the funds to finance utility and infrastructure works at its New Heliopolis project, and cover interest expenses for other [&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":[2372,72],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-623092","post","type-post","status-publish","format-standard","hentry","category-banking-finance","tag-banking-finance","tag-enterpriseam","wpautop","entry"],"acf":{"mongo_id":"1ad72ed0-8e4b-4c51-9ae4-3b4934bcad84","order":"0","is_powered_by":true,"section_story_id":"9196c89b-74db-46a1-831b-4ba485df6be9","story_type":"1","photo_url":"","photo_position":"above","related_issue":[623052],"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>HDD BoD approves EGP 1.2 bn loan offer from gov\u2019t bank - 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\/21\/hdd-bod-approves-egp-1-2-bn-loan-offer-from-govt-bank\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"HDD BoD approves EGP 1.2 bn loan offer from gov\u2019t bank\" \/>\n<meta property=\"og:description\" content=\"State-owned Heliopolis Housing and Development\u2019s (HDD) board of directors approved on Wednesday an offer from an unnamed government bank for a EGP 1.2 bn long-term loan, according to an EGX disclosure (pdf). The company will use the funds to finance utility and infrastructure works at its New Heliopolis project, and cover interest expenses for other [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2018\/10\/21\/hdd-bod-approves-egp-1-2-bn-loan-offer-from-govt-bank\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2018-10-21T04:11:13+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\/21\/hdd-bod-approves-egp-1-2-bn-loan-offer-from-govt-bank\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2018\/10\/21\/hdd-bod-approves-egp-1-2-bn-loan-offer-from-govt-bank\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"HDD BoD approves EGP 1.2 bn loan offer from gov\u2019t bank\",\"datePublished\":\"2018-10-21T04:11:13+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2018\/10\/21\/hdd-bod-approves-egp-1-2-bn-loan-offer-from-govt-bank\/\"},\"wordCount\":68,\"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\/21\/hdd-bod-approves-egp-1-2-bn-loan-offer-from-govt-bank\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2018\/10\/21\/hdd-bod-approves-egp-1-2-bn-loan-offer-from-govt-bank\/\",\"name\":\"HDD BoD approves EGP 1.2 bn loan offer from gov\u2019t bank - 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