{"id":625949,"date":"2018-08-27T04:39:33","date_gmt":"2018-08-27T04:39:33","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2018\/08\/27\/sahar-damaty-joins-union-capital-to-manage-idle-factory-bailout-fund\/"},"modified":"2018-08-27T04:39:33","modified_gmt":"2018-08-27T04:39:33","slug":"sahar-damaty-joins-union-capital-to-manage-idle-factory-bailout-fund","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2018\/08\/27\/sahar-damaty-joins-union-capital-to-manage-idle-factory-bailout-fund\/","title":{"rendered":"Sahar Damaty joins Union Capital to manage idle factory bailout fund"},"content":{"rendered":"

MOVES- Former Banque Misr Deputy Chair <\/strong>Sahar Damaty was tapped to join Union Capital<\/strong><\/a> to manage its EGP 150 mn bailout fund<\/a> for idle small- and mid-sized factories.<\/p>\n","protected":false},"excerpt":{"rendered":"

MOVES- Former Banque Misr Deputy Chair Sahar Damaty was tapped to join Union Capital to manage its EGP 150 mn bailout fund for idle small- and mid-sized factories.<\/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-625949","post","type-post","status-publish","format-standard","hentry","category-speed-round","tag-enterpriseam","tag-speed-round","wpautop","entry"],"acf":{"mongo_id":"3f79ef83-7417-4a2e-9709-db46da116f6c","order":"0","is_powered_by":true,"section_story_id":"193b724f-f085-4b38-b71d-1a829995cbe9","story_type":"1","photo_url":"","photo_position":"above","related_issue":[625939],"teaser":"","voice_url":""},"yoast_head":"\nSahar Damaty joins Union Capital to manage idle factory 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\/08\/27\/sahar-damaty-joins-union-capital-to-manage-idle-factory-bailout-fund\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Sahar Damaty joins Union Capital to manage idle factory bailout fund\" \/>\n<meta property=\"og:description\" content=\"MOVES- Former Banque Misr Deputy Chair Sahar Damaty was tapped to join Union Capital to manage its EGP 150 mn bailout fund for idle small- and mid-sized factories.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2018\/08\/27\/sahar-damaty-joins-union-capital-to-manage-idle-factory-bailout-fund\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2018-08-27T04:39:33+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\/27\/sahar-damaty-joins-union-capital-to-manage-idle-factory-bailout-fund\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2018\/08\/27\/sahar-damaty-joins-union-capital-to-manage-idle-factory-bailout-fund\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"Sahar Damaty joins Union Capital to manage idle factory bailout fund\",\"datePublished\":\"2018-08-27T04:39:33+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2018\/08\/27\/sahar-damaty-joins-union-capital-to-manage-idle-factory-bailout-fund\/\"},\"wordCount\":38,\"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\/08\/27\/sahar-damaty-joins-union-capital-to-manage-idle-factory-bailout-fund\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2018\/08\/27\/sahar-damaty-joins-union-capital-to-manage-idle-factory-bailout-fund\/\",\"name\":\"Sahar Damaty joins Union Capital to manage idle factory bailout fund - 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The agreement will see Union Capital providing financing packages to idle factories registered with the FEI, Union Capital Managing Director\u2026","rel":"","context":"In "Manufacturing"","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":635428,"url":"https:\/\/enterpriseam.com\/egypt\/2017\/12\/04\/bailout-fund-for-idle-factories-to-begin-disbursing-financing-to-first-three-factories-in-a-month\/","url_meta":{"origin":625949,"position":1},"title":"Bailout fund for idle factories to begin disbursing financing to first three factories in a month","author":"enterpriseam admin","date":"4 December 2017","format":false,"excerpt":"The EGP 150 mn bailout fund for idle SME factories will begin financing the first three factories on its roster in a month\u2019s time, once studies on them are complete, Union Capital CEO Hany Tawfik tells Al Borsa. State-owned Ayady, the Tahya Misr Fund, the National Investment Bank, and BPE\u2026","rel":"","context":"In "Manufacturing"","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":625949,"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. Tahya Misr had partnered up with Ayady, the National Investment Bank, and BPE\u2026","rel":"","context":"In "Manufacturing"","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":651472,"url":"https:\/\/enterpriseam.com\/egypt\/2017\/02\/13\/union-capital-bpe-partners-to-establish-company-to-manage-bailout-fund-for-factories-in-distress\/","url_meta":{"origin":625949,"position":3},"title":"Union Capital, BPE Partners to establish company to manage bailout fund for factories in distress","author":"enterpriseam admin","date":"13 February 2017","format":false,"excerpt":"Union Capital and BPE Partners (formerly Beltone Private Equity) are planning a bailout fund to invest in distressed factories, Al Borsa reports and will file paperwork with the Egyptian Financial Supervisory Authority for the fund next week, Union Capital CEO Hany Tawfik tells the newspaper.","rel":"","context":"In "Manufacturing"","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":631684,"url":"https:\/\/enterpriseam.com\/egypt\/2018\/03\/25\/hany-tawfik-resigns-as-ceo-of-union-capital-misr-venture-capital\/","url_meta":{"origin":625949,"position":4},"title":"Hany Tawfik resigns as CEO of Union Capital, Misr Venture Capital","author":"enterpriseam admin","date":"25 March 2018","format":false,"excerpt":"Hany Tawfik has stepped down as CEO of Union Capital and Misr Venture Capital \u2014 the EGP 150 mn bailout fund for idle small- and mid-sized factories \u2014 but will retain his position as a board member in both, he tells Al Borsa. Tawfik submitted his resignation after completing the\u2026","rel":"","context":"In "Banking + Finance"","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":649493,"url":"https:\/\/enterpriseam.com\/egypt\/2017\/03\/01\/paperwork-forming-new-company-for-sme-factory-bailout-fund-finalized\/","url_meta":{"origin":625949,"position":5},"title":"Paperwork forming new company for SME factory bailout fund finalized","author":"enterpriseam admin","date":"1 March 2017","format":false,"excerpt":"State-owned Ayady, the Tahya Misr Fund, and the National Investment Bank and BPE Partners have finalized paperwork for establishing the EGP 150 mn Union Capital, which will manage a bailout fund for distressed SME factories, Al Shorouk says.","rel":"","context":"In "Manufacturing"","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":[]}],"_links":{"self":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/625949","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=625949"}],"version-history":[{"count":0,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/625949\/revisions"}],"acf:post":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/issue\/625939"}],"wp:attachment":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media?parent=625949"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/categories?post=625949"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/tags?post=625949"},{"taxonomy":"brand","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/brand?post=625949"},{"taxonomy":"newspack_spnsrs_tax","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/newspack_spnsrs_tax?post=625949"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}