{"id":630527,"date":"2018-04-23T04:26:24","date_gmt":"2018-04-23T04:26:24","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2018\/04\/23\/eight-banks-supposedly-provide-oci-with-usd-476-mn-loan\/"},"modified":"2018-04-23T04:26:24","modified_gmt":"2018-04-23T04:26:24","slug":"eight-banks-supposedly-provide-oci-with-usd-476-mn-loan","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2018\/04\/23\/eight-banks-supposedly-provide-oci-with-usd-476-mn-loan\/","title":{"rendered":"Eight banks supposedly provide OCI with USD 476 mn loan"},"content":{"rendered":"

Eight banks are allegedly providing Orascom Construction Industries (OCI) with a USD 476 mn five-year syndicated loan, Al Shorouk reports<\/a>in a poorly-written piece citing sources. All we can gather from the story is that loan will be doled out in both USD and EGP, and it has something to do with funding Egyptian Fertilizers Company plant in Ain Sokhna, which it fully acquired back in 2008. Banks participating in the loan include the National Bank of Egypt, Emirates NBD and Abu Dhabi Islamic Bank.<\/p>\n","protected":false},"excerpt":{"rendered":"

Eight banks are allegedly providing Orascom Construction Industries (OCI) with a USD 476 mn five-year syndicated loan, Al Shorouk reportsin a poorly-written piece citing sources. All we can gather from the story is that loan will be doled out in both USD and EGP, and it has something to do with funding Egyptian Fertilizers Company […]<\/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-630527","post","type-post","status-publish","format-standard","hentry","category-banking-finance","tag-banking-finance","tag-enterpriseam","wpautop","entry"],"acf":{"mongo_id":"b84467ba-a741-4f5d-87f3-7334d42ad84c","order":"0","is_powered_by":true,"story_type":"1","photo_url":"","photo_position":"above","full_issue_title":"Eight banks supposedly provide OCI with USD 476 mn loan","related_issue":[630494],"teaser":"","voice_url":"https:\/\/s3.us-east-1.amazonaws.com\/ent.news\/audio\/2024\/7\/.dabd4d06-1dad-4fac-bea3-b409c0d3ed46.mp3"},"yoast_head":"\nEight banks supposedly provide OCI with USD 476 mn 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\/04\/23\/eight-banks-supposedly-provide-oci-with-usd-476-mn-loan\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Eight banks supposedly provide OCI with USD 476 mn loan\" \/>\n<meta property=\"og:description\" content=\"Eight banks are allegedly providing Orascom Construction Industries (OCI) with a USD 476 mn five-year syndicated loan, Al Shorouk reportsin a poorly-written piece citing sources. All we can gather from the story is that loan will be doled out in both USD and EGP, and it has something to do with funding Egyptian Fertilizers Company […]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2018\/04\/23\/eight-banks-supposedly-provide-oci-with-usd-476-mn-loan\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2018-04-23T04:26:24+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\/23\/eight-banks-supposedly-provide-oci-with-usd-476-mn-loan\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2018\/04\/23\/eight-banks-supposedly-provide-oci-with-usd-476-mn-loan\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"Eight banks supposedly provide OCI with USD 476 mn loan\",\"datePublished\":\"2018-04-23T04:26:24+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2018\/04\/23\/eight-banks-supposedly-provide-oci-with-usd-476-mn-loan\/\"},\"wordCount\":91,\"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\/04\/23\/eight-banks-supposedly-provide-oci-with-usd-476-mn-loan\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2018\/04\/23\/eight-banks-supposedly-provide-oci-with-usd-476-mn-loan\/\",\"name\":\"Eight banks supposedly provide OCI with USD 476 mn loan - 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The Union National Bank and Arab Banking Corporation were among entities that participated in providing the loan,\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":637020,"url":"https:\/\/enterpriseam.com\/egypt\/2017\/11\/06\/banks-want-guaranteed-to-grant-egyptair-usd-870-mn-loan\/","url_meta":{"origin":630527,"position":3},"title":"Banks want guaranteed to grant EgyptAir USD 870 mn loan","author":"enterpriseam admin","date":"6 November 2017","format":false,"excerpt":"Banks in talks with EgyptAir over a USD 870 mn loan to revamp its fleet are stipulating that the facility be guaranteed by the Finance Ministry,banking sources told Al Shorouk. 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