{"id":629314,"date":"2018-05-28T04:14:47","date_gmt":"2018-05-28T04:14:47","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2018\/05\/28\/orascom-construction-to-contribute-egp-15-mn-to-efg-sawiris-foundation-upper-egypt-development-project\/"},"modified":"2018-05-28T04:14:47","modified_gmt":"2018-05-28T04:14:47","slug":"orascom-construction-to-contribute-egp-15-mn-to-efg-sawiris-foundation-upper-egypt-development-project","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2018\/05\/28\/orascom-construction-to-contribute-egp-15-mn-to-efg-sawiris-foundation-upper-egypt-development-project\/","title":{"rendered":"Orascom Construction to contribute EGP 15 mn to EFG, Sawiris foundation Upper Egypt development project"},"content":{"rendered":"<p><strong>Orascom Construction to contribute EGP 15 mn to EFG Hermes and Sawiris foundations\u2019 Upper Egypt development project:<\/strong> Orascom Construction will be joining the EFG Hermes Foundation and the Sawiris Foundation for Social Development in supporting social and economic development in Upper Egypt\u2019s Naga\u2019 El Fawal and El Deir villages with a EGP 15 mn contribution to the initiative. The amount brings the total contributed to the project up to EGP 70 mn, <a href=\"https:\/\/ent.news\/2018\/5\/552.pdf\">according to a joint release (pdf)<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Orascom Construction to contribute EGP 15 mn to EFG Hermes and Sawiris foundations\u2019 Upper Egypt development project: Orascom Construction will be joining the EFG Hermes Foundation and the Sawiris Foundation for Social Development in supporting social and economic development in Upper Egypt\u2019s Naga\u2019 El Fawal and El Deir villages with a EGP 15 mn contribution [&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":[8572],"tags":[72,2380],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-629314","post","type-post","status-publish","format-standard","hentry","category-speed-round","tag-enterpriseam","tag-speed-round","wpautop","entry"],"acf":{"mongo_id":"dfac1b98-3747-4589-bc52-d48e9da73a9d","order":"0","is_powered_by":true,"section_story_id":"ad147eca-7ef4-4eee-bf21-2dc1b570fc22","story_type":"1","photo_url":"","photo_position":"above","related_issue":[629299],"teaser":"","voice_url":""},"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.1 (Yoast SEO v27.1.1) - 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ODE will use USD 215 mn to refinance outstanding debts and the remaining USD 50 mn to fund growth plans over a two-year period. The\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":642534,"url":"https:\/\/enterpriseam.com\/egypt\/2017\/08\/16\/earnings-watch-efg-hermes-beltone-financial-otmt-orascom-development-egypt-te-domty\/","url_meta":{"origin":629314,"position":2},"title":"Earnings Watch: EFG Hermes, Beltone Financial, OTMT, Orascom Development Egypt, TE, Domty","author":"enterpriseam admin","date":"16 August 2017","format":false,"excerpt":"EARNINGS WATCH- EFG Hermes reported a net profit after tax and minority interest from continued operations of EGP 395 mn in 2Q2017, up 718% y-o-y. 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