{"id":625178,"date":"2018-09-30T04:09:47","date_gmt":"2018-09-30T04:09:47","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2018\/09\/30\/egypt-receives-final-usd-500-mn-tranche-of-afdbs-usd-1-5-bn-loan\/"},"modified":"2018-09-30T04:09:47","modified_gmt":"2018-09-30T04:09:47","slug":"egypt-receives-final-usd-500-mn-tranche-of-afdbs-usd-1-5-bn-loan","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2018\/09\/30\/egypt-receives-final-usd-500-mn-tranche-of-afdbs-usd-1-5-bn-loan\/","title":{"rendered":"Egypt receives final USD 500 mn tranche of AfDB\u2019s USD 1.5 bn loan"},"content":{"rendered":"

Egypt received the third and final USD 500 mn tranche of a USD 1.5 bn African Development Bank loan<\/strong> on Thursday, according to an Investment Ministry statement (pdf)<\/a>. Authorities will use the funds to finance development projects and provide services to citizens in under-developed regions, Minister Sahar Nasr said. The bank is expected to dole out further financing to support Egypt\u2019s private sector and development in the Sinai Peninsula during the coming period, the statement says, without providing further details. Nasr had met with a delegation from AfDB earlier this month to discuss its 2015-2019 cooperation strategy with Egypt.<\/p>\n","protected":false},"excerpt":{"rendered":"

Egypt received the third and final USD 500 mn tranche of a USD 1.5 bn African Development Bank loan on Thursday, according to an Investment Ministry statement (pdf). Authorities will use the funds to finance development projects and provide services to citizens in under-developed regions, Minister Sahar Nasr said. The bank is expected to dole […]<\/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":[8572],"tags":[72,2380],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-625178","post","type-post","status-publish","format-standard","hentry","category-speed-round","tag-enterpriseam","tag-speed-round","wpautop","entry"],"acf":{"mongo_id":"7ae114ad-829d-4e01-8053-eb9a5a1224a8","order":"0","is_powered_by":true,"section_story_id":"29f70e01-e109-4a64-b2e0-d1359fe0f29c","story_type":"1","photo_url":"","photo_position":"above","related_issue":[625163],"teaser":"","voice_url":""},"yoast_head":"\nEgypt receives final USD 500 mn tranche of AfDB\u2019s USD 1.5 bn loan - 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\/30\/egypt-receives-final-usd-500-mn-tranche-of-afdbs-usd-1-5-bn-loan\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Egypt receives final USD 500 mn tranche of AfDB\u2019s USD 1.5 bn loan\" \/>\n<meta property=\"og:description\" content=\"Egypt received the third and final USD 500 mn tranche of a USD 1.5 bn African Development Bank loan on Thursday, according to an Investment Ministry statement (pdf). Authorities will use the funds to finance development projects and provide services to citizens in under-developed regions, Minister Sahar Nasr said. The bank is expected to dole […]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2018\/09\/30\/egypt-receives-final-usd-500-mn-tranche-of-afdbs-usd-1-5-bn-loan\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2018-09-30T04:09:47+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\/30\/egypt-receives-final-usd-500-mn-tranche-of-afdbs-usd-1-5-bn-loan\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2018\/09\/30\/egypt-receives-final-usd-500-mn-tranche-of-afdbs-usd-1-5-bn-loan\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"Egypt receives final USD 500 mn tranche of AfDB\u2019s USD 1.5 bn loan\",\"datePublished\":\"2018-09-30T04:09:47+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2018\/09\/30\/egypt-receives-final-usd-500-mn-tranche-of-afdbs-usd-1-5-bn-loan\/\"},\"wordCount\":110,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"keywords\":[\"EnterpriseAM\",\"SPEED ROUND\"],\"articleSection\":[\"Speed Round\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2018\/09\/30\/egypt-receives-final-usd-500-mn-tranche-of-afdbs-usd-1-5-bn-loan\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2018\/09\/30\/egypt-receives-final-usd-500-mn-tranche-of-afdbs-usd-1-5-bn-loan\/\",\"name\":\"Egypt receives final USD 500 mn tranche of AfDB\u2019s USD 1.5 bn loan - 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Disbursing the tranche was approved two weeks ago. 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The loan is set to fund King Salman University, King Salman\u2026","rel":"","context":"In "Speed Round"","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":624921,"url":"https:\/\/enterpriseam.com\/egypt\/2018\/09\/23\/new-disbursals-from-international-lenders-coming\/","url_meta":{"origin":625178,"position":4},"title":"New disbursals from international lenders coming","author":"enterpriseam admin","date":"23 September 2018","format":false,"excerpt":"New disbursals from international lenders coming: The World Bank\u2019s board has unanimously approved a USD 300 mn loan to Egypt as part of the planned upgrade of water and wastewater infrastructure in rural communities, Investment and International Cooperation Minister Sahar Nasr said. 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