{"id":630365,"date":"2018-04-18T04:14:41","date_gmt":"2018-04-18T04:14:41","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2018\/04\/18\/egpc-to-receive-first-usd-400-mn-tranche-of-usd-662-mn-facility\/"},"modified":"2018-04-18T04:14:41","modified_gmt":"2018-04-18T04:14:41","slug":"egpc-to-receive-first-usd-400-mn-tranche-of-usd-662-mn-facility","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2018\/04\/18\/egpc-to-receive-first-usd-400-mn-tranche-of-usd-662-mn-facility\/","title":{"rendered":"EGPC to receive first USD 400 mn tranche of USD 662 mn facility"},"content":{"rendered":"<p>A consortium of international finance institutions has agreed to disburse the first USD 400 mn tranche of a USD 662 mn short-term credit facility to the EGPC, a source from one of the institutions <a href=\"http:\/\/www.almalnews.com\/Story\/372742\/12\/%D8%AA%D8%AD%D8%A7%D9%84%D9%81-%D8%AF%D9%88%D9%84%D9%89-%D9%8A%D8%A8%D8%AF%D8%A3-%D8%B6%D8%AE-400-%D9%85%D9%84%D9%8A%D9%88%D9%86-%D8%AF%D9%88%D9%84%D8%A7%D8%B1-%D9%84%D9%87%D9%8A%D8%A6%D8%A9-%D8%A7%D9%84%D8%A8%D8%AA%D8%B1%D9%88%D9%84\">tells Al Mal<\/a>. The group agreed to disburse the tranche after the EGPC secured a letter of guarantee from the Finance Ministry for the tranche. The consortium is led by the International Islamic Trade Finance Corporation and includes Islami Bangladesh Bank, Saudi Arabia\u2019s National Commercial Bank, and Dubai Islamic Bank.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>A consortium of international finance institutions has agreed to disburse the first USD 400 mn tranche of a USD 662 mn short-term credit facility to the EGPC, a source from one of the institutions tells Al Mal. The group agreed to disburse the tranche after the EGPC secured a letter of guarantee from the Finance [&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":[7207],"tags":[93,72],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-630365","post","type-post","status-publish","format-standard","hentry","category-energy","tag-energy","tag-enterpriseam","wpautop","entry"],"acf":{"mongo_id":"994bcbbb-df9a-4629-8239-fe81a0e5409d","order":"0","is_powered_by":true,"story_type":"1","photo_url":"","photo_position":"above","full_issue_title":"EGPC to receive first USD 400 mn tranche of USD 662 mn facility","related_issue":[630331],"teaser":"","voice_url":"https:\/\/s3.us-east-1.amazonaws.com\/ent.news\/audio\/2024\/7\/.4b3cfff9-5e6f-4911-b031-0f8b6d564b1c.mp3"},"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>EGPC to receive first USD 400 mn tranche of USD 662 mn facility - 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\/04\/18\/egpc-to-receive-first-usd-400-mn-tranche-of-usd-662-mn-facility\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"EGPC to receive first USD 400 mn tranche of USD 662 mn facility\" \/>\n<meta property=\"og:description\" content=\"A consortium of international finance institutions has agreed to disburse the first USD 400 mn tranche of a USD 662 mn short-term credit facility to the EGPC, a source from one of the institutions tells Al Mal. The group agreed to disburse the tranche after the EGPC secured a letter of guarantee from the Finance [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2018\/04\/18\/egpc-to-receive-first-usd-400-mn-tranche-of-usd-662-mn-facility\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2018-04-18T04:14:41+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\/04\/18\/egpc-to-receive-first-usd-400-mn-tranche-of-usd-662-mn-facility\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2018\/04\/18\/egpc-to-receive-first-usd-400-mn-tranche-of-usd-662-mn-facility\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"EGPC to receive first USD 400 mn tranche of USD 662 mn facility\",\"datePublished\":\"2018-04-18T04:14:41+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2018\/04\/18\/egpc-to-receive-first-usd-400-mn-tranche-of-usd-662-mn-facility\/\"},\"wordCount\":94,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"keywords\":[\"energy\",\"EnterpriseAM\"],\"articleSection\":[\"Energy\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2018\/04\/18\/egpc-to-receive-first-usd-400-mn-tranche-of-usd-662-mn-facility\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2018\/04\/18\/egpc-to-receive-first-usd-400-mn-tranche-of-usd-662-mn-facility\/\",\"name\":\"EGPC to receive first USD 400 mn tranche of USD 662 mn facility - 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The World Bank in July agreed to give Egypt an additional USD 500 mn facility on\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":556048,"url":"https:\/\/enterpriseam.com\/egypt\/2021\/10\/10\/new-infusions-of-usd-for-state-banking-system\/","url_meta":{"origin":630365,"position":2},"title":"New infusions of USD for state, banking system?","author":"enterpriseam admin","date":"10 October 2021","format":false,"excerpt":"The Madbouly government is looking to raise USD 2 bn through a three-year syndicated facility, according to a Finance Ministry statement on Friday. 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