{"id":627533,"date":"2018-06-04T04:06:40","date_gmt":"2018-06-04T04:06:40","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2018\/06\/04\/united-bank-to-contribute-egp-570-mn-to-egas-loan\/"},"modified":"2018-06-04T04:06:40","modified_gmt":"2018-06-04T04:06:40","slug":"united-bank-to-contribute-egp-570-mn-to-egas-loan","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2018\/06\/04\/united-bank-to-contribute-egp-570-mn-to-egas-loan\/","title":{"rendered":"United Bank to contribute EGP 570 mn to EGAS loan"},"content":{"rendered":"

The United Bank of Egypt is planning to contribute EGP 570 mn to an EGP 3 bn loan<\/a> arranged by the National Bank of Kuwait (NBK)-Egypt for EGAS, as it looks to connect more homes to the natural gas grid, Chairman Ashraf El Kady said yesterday, according to Al Masry Al Youm<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"

The United Bank of Egypt is planning to contribute EGP 570 mn to an EGP 3 bn loan arranged by the National Bank of Kuwait (NBK)-Egypt for EGAS, as it looks to connect more homes to the natural gas grid, Chairman Ashraf El Kady said yesterday, according to Al Masry Al Youm.<\/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-627533","post","type-post","status-publish","format-standard","hentry","category-banking-finance","tag-banking-finance","tag-enterpriseam","wpautop","entry"],"acf":{"mongo_id":"e9839d62-93a9-40ce-8187-df2d59264af8","order":"0","is_powered_by":true,"section_story_id":"bb7d7d01-7473-432f-8ea4-5e1b592720a8","story_type":"1","photo_url":"","photo_position":"above","related_issue":[627489],"teaser":"","voice_url":""},"yoast_head":"\nUnited Bank to contribute EGP 570 mn to EGAS 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\/06\/04\/united-bank-to-contribute-egp-570-mn-to-egas-loan\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"United Bank to contribute EGP 570 mn to EGAS loan\" \/>\n<meta property=\"og:description\" content=\"The United Bank of Egypt is planning to contribute EGP 570 mn to an EGP 3 bn loan arranged by the National Bank of Kuwait (NBK)-Egypt for EGAS, as it looks to connect more homes to the natural gas grid, Chairman Ashraf El Kady said yesterday, according to Al Masry Al Youm.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2018\/06\/04\/united-bank-to-contribute-egp-570-mn-to-egas-loan\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2018-06-04T04:06:40+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\/06\/04\/united-bank-to-contribute-egp-570-mn-to-egas-loan\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2018\/06\/04\/united-bank-to-contribute-egp-570-mn-to-egas-loan\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"United Bank to contribute EGP 570 mn to EGAS loan\",\"datePublished\":\"2018-06-04T04:06:40+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2018\/06\/04\/united-bank-to-contribute-egp-570-mn-to-egas-loan\/\"},\"wordCount\":60,\"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\/06\/04\/united-bank-to-contribute-egp-570-mn-to-egas-loan\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2018\/06\/04\/united-bank-to-contribute-egp-570-mn-to-egas-loan\/\",\"name\":\"United Bank to contribute EGP 570 mn to EGAS loan - 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NBK-Egypt is already in talks with a number of local banks over the amount.","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":598563,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/05\/28\/industrial-development-bank-to-contribute-usd-10-mn-to-el-canal-sugars-loan\/","url_meta":{"origin":627533,"position":1},"title":"Industrial Development Bank to contribute USD 10 mn to El Canal Sugar\u2019s loan","author":"enterpriseam admin","date":"28 May 2019","format":false,"excerpt":"The Industrial Development Bank is providing USD 10 mn in a syndicated loan for El Canal Sugar Company, a bank official told Masrawy. The loan is divided into a EGP 1.2 bn tranche and another USD 100 mn tranche. The additional funding will be used to finance the establishment of\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":651627,"url":"https:\/\/enterpriseam.com\/egypt\/2017\/02\/16\/banque-du-caire-arranging-egp-2-bn-loan-for-egas\/","url_meta":{"origin":627533,"position":2},"title":"Banque du Caire arranging EGP 2 bn loan for EGAS","author":"enterpriseam admin","date":"16 February 2017","format":false,"excerpt":"Banque du Caire is arranging an EGP 2 bn loan for EGAS, Al Mal reported. The loan will be paid back over a period of seven years, including a two-year grace period over which the loan will be completely issued and spent. We had earlier reported EGAS was looking to\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":647607,"url":"https:\/\/enterpriseam.com\/egypt\/2017\/05\/15\/egas-receives-egp-1-8-bn-package-from-eight-bank-consortium\/","url_meta":{"origin":627533,"position":3},"title":"EGAS receives EGP 1.8 bn package from eight-bank consortium","author":"enterpriseam admin","date":"15 May 2017","format":false,"excerpt":"A consortium of eight banks agreed to extend the Egyptian Natural Gas Holding Company (EGAS) an EGP 1.8 bn facility to finance its plans to increase natural gas production, Ahram Gate reports. The five-year loan is arranged by Banque du Caire; EGP 220 mn from was contributed by Emirates NBD,\u2026","rel":"","context":"In "Automotive + Transportation"","block_context":{"text":"Automotive + Transportation","link":"https:\/\/enterpriseam.com\/egypt\/category\/automotive-transportation\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":567025,"url":"https:\/\/enterpriseam.com\/egypt\/2020\/01\/09\/palm-hills-negotiates-egp-500-mn-loan-to-refinance-debts\/","url_meta":{"origin":627533,"position":4},"title":"Palm Hills negotiates EGP 500 mn loan to refinance debts","author":"enterpriseam admin","date":"9 January 2020","format":false,"excerpt":"Palm Hills Developments (PHD) is negotiating with Ahli United Bank to obtain a loan of EGP 500 mn in order to refinance existing debts from other local banks, a source familiar with the matter told Al Mal. PHD had also signed a EGP 1.1 bn medium-term loan agreement with CIB\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":594942,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/09\/11\/aub-agrees-to-loan-united-real-estate-subsidiary-egp-250-mn\/","url_meta":{"origin":627533,"position":5},"title":"AUB agrees to loan United Real Estate subsidiary EGP 250 mn","author":"enterpriseam admin","date":"11 September 2019","format":false,"excerpt":"An Egypt-based subsidiary of Kuwait\u2019s United Real Estate Company signed on Monday a five-year, EGP 250 mn loan with Ahli United Bank, the parent company said in a bourse disclosure picked up by Mubasher. The loan will be used to fund the company\u2019s Aswar Residences project in New Cairo.","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":[]}],"_links":{"self":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/627533","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=627533"}],"version-history":[{"count":0,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/627533\/revisions"}],"acf:post":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/issue\/627489"}],"wp:attachment":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media?parent=627533"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/categories?post=627533"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/tags?post=627533"},{"taxonomy":"brand","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/brand?post=627533"},{"taxonomy":"newspack_spnsrs_tax","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/newspack_spnsrs_tax?post=627533"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}