{"id":629258,"date":"2018-05-27T03:53:38","date_gmt":"2018-05-27T03:53:38","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2018\/05\/27\/al-ahly-capital-to-invest-egp-1-5-bn-in-al-ghurair-sugar-refinery-in-egypt\/"},"modified":"2018-05-27T03:53:38","modified_gmt":"2018-05-27T03:53:38","slug":"al-ahly-capital-to-invest-egp-1-5-bn-in-al-ghurair-sugar-refinery-in-egypt","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2018\/05\/27\/al-ahly-capital-to-invest-egp-1-5-bn-in-al-ghurair-sugar-refinery-in-egypt\/","title":{"rendered":"Al Ahly Capital to invest EGP 1.5 bn in Al Ghurair sugar refinery in Egypt"},"content":{"rendered":"

INVESTMENT WATCH- Al Ahly Capital is investing EGP 1.5 bn in Al Ghurair Group\u2019s Al Canal Sugar refinery<\/strong>, Head of Investment Karim Aboul Naga said on Thursday, Al Mal reports<\/a>. That will give Al Ahly a 27% stake in the project, Aboul Naga said. We had heard earlier this month<\/a> that the National Bank of Egypt was arranging a USD 1 bn syndicated loan for the UAE-based group\u2019s new refinery project.<\/p>\n","protected":false},"excerpt":{"rendered":"

INVESTMENT WATCH- Al Ahly Capital is investing EGP 1.5 bn in Al Ghurair Group\u2019s Al Canal Sugar refinery, Head of Investment Karim Aboul Naga said on Thursday, Al Mal reports. That will give Al Ahly a 27% stake in the project, Aboul Naga said. We had heard earlier this month that the National Bank of […]<\/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-629258","post","type-post","status-publish","format-standard","hentry","category-speed-round","tag-enterpriseam","tag-speed-round","wpautop","entry"],"acf":{"mongo_id":"be6ba8b1-479b-4871-8437-546fbd948053","order":"0","is_powered_by":true,"section_story_id":"703cb93d-adb7-4481-873e-eb61221ef575","story_type":"1","photo_url":"","photo_position":"above","related_issue":[629243],"teaser":"","voice_url":""},"yoast_head":"\nAl Ahly Capital to invest EGP 1.5 bn in Al Ghurair sugar refinery in Egypt - 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\/05\/27\/al-ahly-capital-to-invest-egp-1-5-bn-in-al-ghurair-sugar-refinery-in-egypt\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Al Ahly Capital to invest EGP 1.5 bn in Al Ghurair sugar refinery in Egypt\" \/>\n<meta property=\"og:description\" content=\"INVESTMENT WATCH- Al Ahly Capital is investing EGP 1.5 bn in Al Ghurair Group\u2019s Al Canal Sugar refinery, Head of Investment Karim Aboul Naga said on Thursday, Al Mal reports. That will give Al Ahly a 27% stake in the project, Aboul Naga said. 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The company expects to finalize the terms of the transaction within a month with Al Ahly Capital, which holds a 27% stake in\u2026","rel":"","context":"In "Other Business News of Note"","block_context":{"text":"Other Business News of Note","link":"https:\/\/enterpriseam.com\/egypt\/category\/other-business-news-of-note\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":626973,"url":"https:\/\/enterpriseam.com\/egypt\/2018\/07\/16\/bdc-studies-participation-in-egp-2-3-bn-loan-to-al-ghurair-groups-al-canal-sugar\/","url_meta":{"origin":629258,"position":2},"title":"BdC studies participation in EGP 2.3 bn loan to Al Ghurair Group\u2019s Al Canal Sugar","author":"enterpriseam admin","date":"16 July 2018","format":false,"excerpt":"Banque du Caire (BdC) is considering joining a consortium of local banks in providing Al Ghurair Group\u2019s Al Canal Sugar with a EGP 2.3 bn short-term bridge loan that will be used to fund its USD 1 bn sugar refinery, Al Shorouk reports. Qatar National Bank Ahli, AlexBank, National Bank\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":604825,"url":"https:\/\/enterpriseam.com\/egypt\/2018\/12\/13\/uaes-al-ghurair-and-murban-sign-shareholder-agreement-with-al-ahly-capital-for-usd-1-bn-sugar-factory-in-egypts-minya\/","url_meta":{"origin":629258,"position":3},"title":"UAE\u2019s Al Ghurair and Murban sign shareholder agreement with Al Ahly Capital for USD 1 bn sugar factory in Egypt\u2019s Minya","author":"enterpriseam admin","date":"13 December 2018","format":false,"excerpt":"INVESTMENT WATCH- UAE\u2019s Al Ghurair and Murban sign shareholder agreement with Al Ahly Capital for USD 1 bn Minya sugar factory: UAE\u2019s Al Ghurair and Murban have signed a shareholder agreement with Al Ahly Capital Holding for the USD 1 bn Al Canal sugar beet processing factory in Minya, according\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":634803,"url":"https:\/\/enterpriseam.com\/egypt\/2018\/01\/24\/sugar-project-the-largest-non-oil-fdi-since-egp-float-nasr\/","url_meta":{"origin":629258,"position":4},"title":"Sugar project the largest non-oil FDI since EGP float -Nasr","author":"enterpriseam admin","date":"24 January 2018","format":false,"excerpt":"Al Ghurair Group\u2019s vertically integrated sugar plant in Egypt is the biggest non-oil foreign direct investment transaction in Egypt since the EGP float, Investment Minister Sahar Nasr told Bloomberg. Al Ghurair will put in USD 333 mn of the USD 1 bn project and then will raise its stake to\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":597588,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/07\/31\/canal-sugar-plans-new-usd-200-mn-grain-terminal-in-damietta\/","url_meta":{"origin":629258,"position":5},"title":"Canal Sugar plans new USD 200 mn grain terminal in Damietta","author":"enterpriseam admin","date":"31 July 2019","format":false,"excerpt":"INVESTMENT WATCH- Canal Sugar plans new USD 200 mn grain terminal in Damietta: Al Ghurair Group\u2019s Canal Sugar is planning to invest USD 200 mn in constructing a pier and grains terminal in Damietta, CEO Islam Salem said at a press conference, according to Reuters. 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