{"id":626917,"date":"2018-07-15T03:59:09","date_gmt":"2018-07-15T03:59:09","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2018\/07\/15\/nibulon-secures-usd-80-mn-loan-ahead-of-starting-usd-2-bn-egypt-silos-project\/"},"modified":"2018-07-15T03:59:09","modified_gmt":"2018-07-15T03:59:09","slug":"nibulon-secures-usd-80-mn-loan-ahead-of-starting-usd-2-bn-egypt-silos-project","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2018\/07\/15\/nibulon-secures-usd-80-mn-loan-ahead-of-starting-usd-2-bn-egypt-silos-project\/","title":{"rendered":"Nibulon secures USD 80 mn loan ahead of starting USD 2 bn Egypt silos project"},"content":{"rendered":"<p>Ukrainian grains and oilseeds producer Nibulon is set to receive an USD 80 mn loan from the European Bank for Reconstruction and Development and ING Bank to finance \u201cworking capital needs,\u201d <a href=\"http:\/\/www.world-grain.com\/articles\/news_home\/World_Grain_News\/2018\/07\/Nibulon_secures_$80_million_lo.aspx?ID=%7B1F4631F6-3F37-460F-A67E-425B3F1440F7%7D&cck=1\">World Grain reports<\/a>, noting that the news \u201ccomes shortly after Nibulon announced its plan to <a href=\"https:\/\/enterprise.press\/stories\/2018\/07\/02\/ukraines-nibulon-to-invest-usd-2-bn-in-upgrading-egypts-grain-storage-and-transport-infrastructure\/\">invest USD 2 bn in new grain silos and barges<\/a> in Egypt\u2019s Nile Delta region.\u201c The Supply Ministry announced earlier this month that Nibulon would be investing the amount over four stages, with the first \u2014 which involves building state-of-the-art silos along the banks of the Nile \u2014 set to start during FY2018-19. Nibulon execs are expected to visit Egypt this month to start setting up a local branch for the company and hiring a team to oversee the first phase of the project.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Ukrainian grains and oilseeds producer Nibulon is set to receive an USD 80 mn loan from the European Bank for Reconstruction and Development and ING Bank to finance \u201cworking capital needs,\u201d World Grain reports, noting that the news \u201ccomes shortly after Nibulon announced its plan to invest USD 2 bn in new grain silos and [&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":[9315],"tags":[72,2390],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-626917","post","type-post","status-publish","format-standard","hentry","category-other-business-news-of-note","tag-enterpriseam","tag-other-business-news-of-note","wpautop","entry"],"acf":{"mongo_id":"244cac44-bbf9-472e-8570-5025f3f0b48d","order":"0","is_powered_by":true,"story_type":"1","photo_url":"","photo_position":"above","full_issue_title":"Nibulon secures USD 80 mn loan ahead of starting USD 2 bn Egypt silos project","related_issue":[626884],"teaser":"","voice_url":"https:\/\/s3.us-east-1.amazonaws.com\/ent.news\/audio\/2024\/7\/.4f54f16d-cb26-4f39-a1f9-12ae4a46a883.mp3"},"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.1 (Yoast SEO v27.1.1) - 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The investment will be split over four stages, the first of which is expected to begin during FY2018-19\u2026","rel":"","context":"In &quot;Speed Round&quot;","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":627215,"url":"https:\/\/enterpriseam.com\/egypt\/2018\/07\/25\/supply-ministry-to-issue-tender-to-establish-27-logistics-centers-in-august\/","url_meta":{"origin":626917,"position":1},"title":"Supply Ministry to issue tender to establish 27 logistics centers in August","author":"enterpriseam admin","date":"25 July 2018","format":false,"excerpt":"The Supply Ministry will issue tenders in August to private investors for the development of 27 logistical centers across the country, ministry sources tell Al Mal. 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The Supply Ministry has been looking to collaborate more with private sector\u2026","rel":"","context":"In &quot;Basic Materials + Commodities&quot;","block_context":{"text":"Basic Materials + Commodities","link":"https:\/\/enterpriseam.com\/egypt\/category\/basic-materials-commodities\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":636094,"url":"https:\/\/enterpriseam.com\/egypt\/2017\/12\/20\/ukraines-nibulon-to-help-with-grain-logistics-in-egypt\/","url_meta":{"origin":626917,"position":2},"title":"Ukraine\u2019s Nibulon to help with grain logistics in Egypt","author":"enterpriseam admin","date":"20 December 2017","format":false,"excerpt":"Ukrainian grains and oilseeds producer Nibulon signed a memorandum of cooperation with UN FAO in Cairo \u201cto increase the efficiency of Egyptian companies, engaged in production of cereals, their storage and transportation,\u201d UkrAgroConsult reports. \u201cthe company will participate in industry trainings in Egypt and Serbia to improve grain storage and\u2026","rel":"","context":"In &quot;Basic Materials + Commodities&quot;","block_context":{"text":"Basic Materials + Commodities","link":"https:\/\/enterpriseam.com\/egypt\/category\/basic-materials-commodities\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":597417,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/07\/25\/egypt-secures-usd-14-mn-loan-from-ofid-to-set-up-wheat-silos\/","url_meta":{"origin":626917,"position":3},"title":"Egypt secures USD 14 mn loan from OFID to set up wheat silos","author":"enterpriseam admin","date":"25 July 2019","format":false,"excerpt":"Investment Minister Sahar Nasr signed yesterday a USD 14 mn loan agreement with OPEC Fund for International Development (OFID) CEO Abdulhamid Alkhalifa to establish two wheat silos in the port of West Port Said, the ministry said in a statement. 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The purchase of French, Romanian, Russian, and Bulgarian wheat in last Wednesday\u2019s\u2026","rel":"","context":"In &quot;Commodities&quot;","block_context":{"text":"Commodities","link":"https:\/\/enterpriseam.com\/egypt\/category\/industries\/commodities\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2022\/7\/78.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":597605,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/07\/31\/medsofts-plans-to-invest-egp-180-mn-in-nile-silos\/","url_meta":{"origin":626917,"position":5},"title":"Medsofts plans to invest EGP 180 mn in Nile Silos","author":"enterpriseam admin","date":"31 July 2019","format":false,"excerpt":"Medsofts is planning to invest EGP 180 mn in expanding the storage capacity of Nile Silos to 235k tonnes, General Manager Tarek Tawfik told Al Mal. 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