{"id":625139,"date":"2018-09-27T04:19:15","date_gmt":"2018-09-27T04:19:15","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2018\/09\/27\/fei-union-capital-sign-mou-on-idle-factories-bailout-fund\/"},"modified":"2018-09-27T04:19:15","modified_gmt":"2018-09-27T04:19:15","slug":"fei-union-capital-sign-mou-on-idle-factories-bailout-fund","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2018\/09\/27\/fei-union-capital-sign-mou-on-idle-factories-bailout-fund\/","title":{"rendered":"FEI, Union Capital sign MoU on idle factories bailout fund"},"content":{"rendered":"<p>The Federation of Egyptian Industries (FEI) and Union Capital signed yesterday a memorandum of understanding on the latter\u2019s EGP 150 mn bailout fund for idle SME factories, <a href=\"http:\/\/www.egypttoday.com\/Article\/3\/58171\/FEI-Union-Capital-sign-MoU-to-back-ailing-factories\">according to MENA<\/a>. The agreement will see Union Capital providing financing packages to idle factories registered with the FEI, Union Capital Managing Director Sahar Damaty said, according to Amwal Al Ghad. Union Capital plans to provide financing packages to between 50 and 60 factories over the next year, according to Damaty.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Federation of Egyptian Industries (FEI) and Union Capital signed yesterday a memorandum of understanding on the latter\u2019s EGP 150 mn bailout fund for idle SME factories, according to MENA. The agreement will see Union Capital providing financing packages to idle factories registered with the FEI, Union Capital Managing Director Sahar Damaty said, according 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":[7255],"tags":[72,131],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-625139","post","type-post","status-publish","format-standard","hentry","category-manufacturing","tag-enterpriseam","tag-manufacturing","wpautop","entry"],"acf":{"mongo_id":"8bbeca90-8c36-4aa7-a9cd-335fde217bf2","order":"0","is_powered_by":true,"story_type":"1","photo_url":"","photo_position":"above","full_issue_title":"FEI, Union Capital sign MoU on idle factories bailout fund","related_issue":[625107],"teaser":"","voice_url":"https:\/\/s3.us-east-1.amazonaws.com\/ent.news\/audio\/2024\/6\/.44b0cfc6-3457-42b1-9f99-03b0cb462738.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>FEI, Union Capital sign MoU on idle factories bailout fund - 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\/09\/27\/fei-union-capital-sign-mou-on-idle-factories-bailout-fund\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"FEI, Union Capital sign MoU on idle factories bailout fund\" \/>\n<meta property=\"og:description\" content=\"The Federation of Egyptian Industries (FEI) and Union Capital signed yesterday a memorandum of understanding on the latter\u2019s EGP 150 mn bailout fund for idle SME factories, according to MENA. The agreement will see Union Capital providing financing packages to idle factories registered with the FEI, Union Capital Managing Director Sahar Damaty said, according to [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2018\/09\/27\/fei-union-capital-sign-mou-on-idle-factories-bailout-fund\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2018-09-27T04:19:15+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\/09\/27\/fei-union-capital-sign-mou-on-idle-factories-bailout-fund\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2018\/09\/27\/fei-union-capital-sign-mou-on-idle-factories-bailout-fund\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"FEI, Union Capital sign MoU on idle factories bailout fund\",\"datePublished\":\"2018-09-27T04:19:15+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2018\/09\/27\/fei-union-capital-sign-mou-on-idle-factories-bailout-fund\/\"},\"wordCount\":86,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"keywords\":[\"EnterpriseAM\",\"Manufacturing\"],\"articleSection\":[\"Manufacturing\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2018\/09\/27\/fei-union-capital-sign-mou-on-idle-factories-bailout-fund\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2018\/09\/27\/fei-union-capital-sign-mou-on-idle-factories-bailout-fund\/\",\"name\":\"FEI, Union Capital sign MoU on idle factories bailout fund - 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State-owned Ayady, the Tahya Misr Fund, the National Investment Bank, and BPE\u2026","rel":"","context":"In &quot;Manufacturing&quot;","block_context":{"text":"Manufacturing","link":"https:\/\/enterpriseam.com\/egypt\/category\/industries\/manufacturing\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":635857,"url":"https:\/\/enterpriseam.com\/egypt\/2017\/12\/14\/factory-bailout-fund-to-start-work-next-week\/","url_meta":{"origin":625139,"position":2},"title":"Factory bailout fund to start work next week","author":"enterpriseam admin","date":"14 December 2017","format":false,"excerpt":"The government\u2019s EGP 150 mn bailout fund will start financing the first phase of idle factories next week,Chairman of Tahya Misr Fund Mohamed Ashmawy said. The phase will include 3-5 projects in the poultry and plastics segments. 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