{"id":629338,"date":"2018-05-28T04:14:47","date_gmt":"2018-05-28T04:14:47","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2018\/05\/28\/nbk-egypt-to-arrange-egp-3-bn-facility-for-egas\/"},"modified":"2018-05-28T04:14:47","modified_gmt":"2018-05-28T04:14:47","slug":"nbk-egypt-to-arrange-egp-3-bn-facility-for-egas","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2018\/05\/28\/nbk-egypt-to-arrange-egp-3-bn-facility-for-egas\/","title":{"rendered":"NBK-Egypt to arrange EGP 3 bn facility for EGAS"},"content":{"rendered":"<p>The National Bank of Kuwait (NBK)-Egypt won a tender to arrange a EGP 3 bn loan for EGAS, as it looks to connect more homes to the natural gas grid, unnamed sources <a href=\"http:\/\/almalnews.com\/Story\/377158\/12\/%D8%A7%D9%84%D9%83%D9%88%D9%8A%D8%AA-%D8%A7%D9%84%D9%88%D8%B7%D9%86%D9%89-%D9%8A%D9%82%D8%AA%D9%86%D8%B5-%D8%AA%D8%AF%D8%A8%D9%8A%D8%B1-3-%D9%85%D9%84%D9%8A%D8%A7%D8%B1%D8%A7%D8%AA-%D8%AC%D9%86%D9%8A%D9%87-%D9%84%D8%A5%D9%8A%D8%AC%D8%A7%D8%B3\">tell Al Mal<\/a>. NBK-Egypt is already in talks with a number of local banks over the amount.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The National Bank of Kuwait (NBK)-Egypt won a tender to arrange a EGP 3 bn loan for EGAS, as it looks to connect more homes to the natural gas grid, unnamed sources tell Al Mal. NBK-Egypt is already in talks with a number of local banks over the amount.<\/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-629338","post","type-post","status-publish","format-standard","hentry","category-banking-finance","tag-banking-finance","tag-enterpriseam","wpautop","entry"],"acf":{"mongo_id":"6e69a5c5-b90b-4ee3-aa63-11970dc48f63","order":"0","is_powered_by":true,"section_story_id":"f35ea7f1-7307-45a4-9e46-49430baf977e","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) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>NBK-Egypt to arrange EGP 3 bn facility for EGAS - 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\/28\/nbk-egypt-to-arrange-egp-3-bn-facility-for-egas\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"NBK-Egypt to arrange EGP 3 bn facility for EGAS\" \/>\n<meta property=\"og:description\" content=\"The National Bank of Kuwait (NBK)-Egypt won a tender to arrange a EGP 3 bn loan for EGAS, as it looks to connect more homes to the natural gas grid, unnamed sources tell Al Mal. NBK-Egypt is already in talks with a number of local banks over the amount.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2018\/05\/28\/nbk-egypt-to-arrange-egp-3-bn-facility-for-egas\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2018-05-28T04:14:47+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\/05\/28\/nbk-egypt-to-arrange-egp-3-bn-facility-for-egas\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2018\/05\/28\/nbk-egypt-to-arrange-egp-3-bn-facility-for-egas\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"NBK-Egypt to arrange EGP 3 bn facility for EGAS\",\"datePublished\":\"2018-05-28T04:14:47+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2018\/05\/28\/nbk-egypt-to-arrange-egp-3-bn-facility-for-egas\/\"},\"wordCount\":57,\"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\/05\/28\/nbk-egypt-to-arrange-egp-3-bn-facility-for-egas\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2018\/05\/28\/nbk-egypt-to-arrange-egp-3-bn-facility-for-egas\/\",\"name\":\"NBK-Egypt to arrange EGP 3 bn facility for EGAS - EnterpriseAM Egypt\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#website\"},\"datePublished\":\"2018-05-28T04:14:47+00:00\",\"breadcrumb\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2018\/05\/28\/nbk-egypt-to-arrange-egp-3-bn-facility-for-egas\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/enterpriseam.com\/egypt\/2018\/05\/28\/nbk-egypt-to-arrange-egp-3-bn-facility-for-egas\/\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2018\/05\/28\/nbk-egypt-to-arrange-egp-3-bn-facility-for-egas\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/enterpriseam.com\/egypt\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"NBK-Egypt to arrange EGP 3 bn facility for EGAS\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#website\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/\",\"name\":\"EnterpriseAM\",\"description\":\"The State of the Nation\",\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/enterpriseam.com\/egypt\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\",\"name\":\"EnterpriseAM\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/logo\/image\/\",\"url\":\"https:\/\/ent.news\/internal\/240894.svg\",\"contentUrl\":\"https:\/\/ent.news\/internal\/240894.svg\",\"caption\":\"EnterpriseAM\"},\"image\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/logo\/image\/\"}},{\"@type\":\"Person\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\",\"name\":\"enterpriseam admin\",\"sameAs\":[\"http:\/\/enterpriseam.testing.projectsarea.com\"],\"url\":\"https:\/\/enterpriseam.com\/egypt\/author\/enterpriseam\/\"}]}<\/script>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"NBK-Egypt to arrange EGP 3 bn facility for EGAS - EnterpriseAM Egypt","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/enterpriseam.com\/egypt\/2018\/05\/28\/nbk-egypt-to-arrange-egp-3-bn-facility-for-egas\/","og_locale":"en_US","og_type":"article","og_title":"NBK-Egypt to arrange EGP 3 bn facility for EGAS","og_description":"The National Bank of Kuwait (NBK)-Egypt won a tender to arrange a EGP 3 bn loan for EGAS, as it looks to connect more homes to the natural gas grid, unnamed sources tell Al Mal. 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Local investors were net buyers. The benchmark index is down 1.1% for the week, but up 4.9% year-to-date.In the green: Orascom Investment Holding (+4.3%), Abou Kir Fertilizers (+3.3%) and Sidi Kerir Petrochemicals\u2026","rel":"","context":"In &quot;GO WITH THE FLOW&quot;","block_context":{"text":"GO WITH THE FLOW","link":"https:\/\/enterpriseam.com\/egypt\/category\/go-with-the-flow\/"},"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":629338,"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. 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The banks include Qatar National Bank Ahli, AlexBank, National Bank\u2026","rel":"","context":"In &quot;Banking + Finance&quot;","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":592751,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/11\/05\/national-bank-of-egypt-nbk-ask-finmin-to-guarantee-usd-700-mn-anopc-loan\/","url_meta":{"origin":629338,"position":4},"title":"National Bank of Egypt, NBK ask FinMin to guarantee USD 700 mn ANOPC loan","author":"enterpriseam admin","date":"5 November 2019","format":false,"excerpt":"The National Bank of Egypt and the National Bank of Kuwait have requested letters of guarantee from the Finance Ministry for a USD 700 mn loan to contribute to the financing of the Assiut National Oil Processing Company\u2019s hydrofracking complex, according to Al Mal.","rel":"","context":"In &quot;Banking + Finance&quot;","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":653002,"url":"https:\/\/enterpriseam.com\/egypt\/2017\/01\/24\/nbk-4q2016-profits-increase-but-says-business-was-impacted-by-egp-float\/","url_meta":{"origin":629338,"position":5},"title":"NBK 4Q2016 profits increase, but says business was impacted by EGP float","author":"enterpriseam admin","date":"24 January 2017","format":false,"excerpt":"National Bank of Kuwait (NBK) was also impacted by the EGP flotation. \u201cThe move by Egypt's government in November to devalue the Egyptian currency resulted in a dip in the value of assets and liabilities held by its Egyptian subsidiary when converted to dinars, NBK said,\u201d as per Reuters. 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