{"id":625525,"date":"2018-08-07T03:27:25","date_gmt":"2018-08-07T03:27:25","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2018\/08\/07\/misr-travel-receives-egp-250-mn-loan-from-india-to-finance-fleet-upgrade\/"},"modified":"2018-08-07T03:27:25","modified_gmt":"2018-08-07T03:27:25","slug":"misr-travel-receives-egp-250-mn-loan-from-india-to-finance-fleet-upgrade","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2018\/08\/07\/misr-travel-receives-egp-250-mn-loan-from-india-to-finance-fleet-upgrade\/","title":{"rendered":"Misr Travel receives EGP 250 mn loan from India to finance fleet upgrade"},"content":{"rendered":"<p>Holding Company for Tourism and Hotels subsidiary Misr Travel has received a EGP 250 mn loan from India\u2019s Investment Ministry to purchase new vehicles to upgrade its fleet, <a href=\"http:\/\/almalnews.com\/Story\/385220\/15\/%C2%AB%D9%85%D8%B5%D8%B1-%D9%84%D9%84%D8%B3%D9%8A%D8%A7%D8%AD%D8%A9%C2%BB-%D8%AA%D9%82%D8%AA%D8%B1%D8%B6-250-%D9%85%D9%84%D9%8A%D9%88%D9%86-%D8%AC%D9%86%D9%8A%D9%87-%D9%85%D9%86-%D8%A7%D9%84%D9%87%D9%86%D8%AF\">Chairman Rashad Refai tells Al Mal<\/a>. The loan has a five-year tenor and a repayment period of 20 years with 1.5% interest, in addition to a 1% administrative tax, he said. The new vehicles are expected to be delivered by the end of the year.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Holding Company for Tourism and Hotels subsidiary Misr Travel has received a EGP 250 mn loan from India\u2019s Investment Ministry to purchase new vehicles to upgrade its fleet, Chairman Rashad Refai tells Al Mal. The loan has a five-year tenor and a repayment period of 20 years with 1.5% interest, in addition to a 1% [&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-625525","post","type-post","status-publish","format-standard","hentry","category-banking-finance","tag-banking-finance","tag-enterpriseam","wpautop","entry"],"acf":{"mongo_id":"0477ca2d-9a91-4ccb-8ea5-bdbb5b7a5865","order":"0","is_powered_by":true,"story_type":"1","photo_url":"","photo_position":"above","full_issue_title":"Misr Travel receives EGP 250 mn loan from India to finance fleet upgrade","related_issue":[625496],"teaser":"","voice_url":"https:\/\/s3.us-east-1.amazonaws.com\/ent.news\/audio\/2024\/6\/.f32a6c67-8da5-42a1-89ee-4cf7502c6454.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>Misr Travel receives EGP 250 mn loan from India to finance fleet upgrade - 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\/08\/07\/misr-travel-receives-egp-250-mn-loan-from-india-to-finance-fleet-upgrade\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Misr Travel receives EGP 250 mn loan from India to finance fleet upgrade\" \/>\n<meta property=\"og:description\" content=\"Holding Company for Tourism and Hotels subsidiary Misr Travel has received a EGP 250 mn loan from India\u2019s Investment Ministry to purchase new vehicles to upgrade its fleet, Chairman Rashad Refai tells Al Mal. The loan has a five-year tenor and a repayment period of 20 years with 1.5% interest, in addition to a 1% [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2018\/08\/07\/misr-travel-receives-egp-250-mn-loan-from-india-to-finance-fleet-upgrade\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2018-08-07T03:27:25+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\/08\/07\/misr-travel-receives-egp-250-mn-loan-from-india-to-finance-fleet-upgrade\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2018\/08\/07\/misr-travel-receives-egp-250-mn-loan-from-india-to-finance-fleet-upgrade\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"Misr Travel receives EGP 250 mn loan from India to finance fleet upgrade\",\"datePublished\":\"2018-08-07T03:27:25+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2018\/08\/07\/misr-travel-receives-egp-250-mn-loan-from-india-to-finance-fleet-upgrade\/\"},\"wordCount\":82,\"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\/08\/07\/misr-travel-receives-egp-250-mn-loan-from-india-to-finance-fleet-upgrade\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2018\/08\/07\/misr-travel-receives-egp-250-mn-loan-from-india-to-finance-fleet-upgrade\/\",\"name\":\"Misr Travel receives EGP 250 mn loan from India to finance fleet upgrade - 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Zahran did not say how many plants the company will establish with the money. KarmSolar is also in talks with five local and international\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":571376,"url":"https:\/\/enterpriseam.com\/egypt\/2020\/05\/10\/banque-misr-to-arrange-loan-worth-up-to-egp-1-6-mn-to-damietta-furniture-city\/","url_meta":{"origin":625525,"position":3},"title":"Banque Misr to arrange loan worth up to EGP 1.6 mn to Damietta Furniture City","author":"enterpriseam admin","date":"10 May 2020","format":false,"excerpt":"Banque Misr will arrange a EGP 1.4-1.6 bn syndicated loan to Damietta Furniture City to help increase production and exports, Masrawy reports, citing unnamed banking sources. 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