{"id":634537,"date":"2018-01-17T04:14:28","date_gmt":"2018-01-17T04:14:28","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2018\/01\/17\/awqaf-sells-egp-404-9-mn-worth-of-shares-in-bank\/"},"modified":"2018-01-17T04:14:28","modified_gmt":"2018-01-17T04:14:28","slug":"awqaf-sells-egp-404-9-mn-worth-of-shares-in-bank","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2018\/01\/17\/awqaf-sells-egp-404-9-mn-worth-of-shares-in-bank\/","title":{"rendered":"Awqaf sells EGP 404.9 mn worth of shares in bank"},"content":{"rendered":"

Freeing up liquidity? <\/strong>The Religious Endowments Authority sold a stake worth EGP 404.9 mn in the Housing and Development Bank, according to a bourse disclosure<\/a>. The Authority\u2019s head, Ahmed Abdelhafez, had said<\/a> earlier in the month that it was looking to invest in the upcoming round of state-owned company IPOs. Abdelhafez had also said the authority had already earmarked EGP 1 bn to be invested in EGX-listed companies.<\/p>\n","protected":false},"excerpt":{"rendered":"

Freeing up liquidity? The Religious Endowments Authority sold a stake worth EGP 404.9 mn in the Housing and Development Bank, according to a bourse disclosure. The Authority\u2019s head, Ahmed Abdelhafez, had said earlier in the month that it was looking to invest in the upcoming round of state-owned company IPOs. Abdelhafez had also said the […]<\/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-634537","post","type-post","status-publish","format-standard","hentry","category-speed-round","tag-enterpriseam","tag-speed-round","wpautop","entry"],"acf":{"mongo_id":"97db2bb0-e10f-4802-9170-83bec223b85e","order":"0","is_powered_by":true,"section_story_id":"fc4ce158-9b2a-4c7d-a4e7-58a6fb68c82a","story_type":"1","photo_url":"","photo_position":"above","related_issue":[634519],"teaser":"","voice_url":""},"yoast_head":"\nAwqaf sells EGP 404.9 mn worth of shares in bank - 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\/01\/17\/awqaf-sells-egp-404-9-mn-worth-of-shares-in-bank\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Awqaf sells EGP 404.9 mn worth of shares in bank\" \/>\n<meta property=\"og:description\" content=\"Freeing up liquidity? The Religious Endowments Authority sold a stake worth EGP 404.9 mn in the Housing and Development Bank, according to a bourse disclosure. The Authority\u2019s head, Ahmed Abdelhafez, had said earlier in the month that it was looking to invest in the upcoming round of state-owned company IPOs. Abdelhafez had also said the […]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2018\/01\/17\/awqaf-sells-egp-404-9-mn-worth-of-shares-in-bank\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2018-01-17T04:14:28+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\/01\/17\/awqaf-sells-egp-404-9-mn-worth-of-shares-in-bank\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2018\/01\/17\/awqaf-sells-egp-404-9-mn-worth-of-shares-in-bank\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"Awqaf sells EGP 404.9 mn worth of shares in bank\",\"datePublished\":\"2018-01-17T04:14:28+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2018\/01\/17\/awqaf-sells-egp-404-9-mn-worth-of-shares-in-bank\/\"},\"wordCount\":76,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"keywords\":[\"EnterpriseAM\",\"SPEED ROUND\"],\"articleSection\":[\"Speed Round\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2018\/01\/17\/awqaf-sells-egp-404-9-mn-worth-of-shares-in-bank\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2018\/01\/17\/awqaf-sells-egp-404-9-mn-worth-of-shares-in-bank\/\",\"name\":\"Awqaf sells EGP 404.9 mn worth of shares in bank - EnterpriseAM Egypt\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#website\"},\"datePublished\":\"2018-01-17T04:14:28+00:00\",\"breadcrumb\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2018\/01\/17\/awqaf-sells-egp-404-9-mn-worth-of-shares-in-bank\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/enterpriseam.com\/egypt\/2018\/01\/17\/awqaf-sells-egp-404-9-mn-worth-of-shares-in-bank\/\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2018\/01\/17\/awqaf-sells-egp-404-9-mn-worth-of-shares-in-bank\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/enterpriseam.com\/egypt\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Awqaf sells EGP 404.9 mn worth of shares in bank\"}]},{\"@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":"Awqaf sells EGP 404.9 mn worth of shares in bank - 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\/01\/17\/awqaf-sells-egp-404-9-mn-worth-of-shares-in-bank\/","og_locale":"en_US","og_type":"article","og_title":"Awqaf sells EGP 404.9 mn worth of shares in bank","og_description":"Freeing up liquidity? 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The news suggests Careem and Uber are ignoring a sharp\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":622120,"url":"https:\/\/enterpriseam.com\/egypt\/2018\/11\/27\/egypt-sells-egp-1-25-bn-worth-of-t-bonds\/","url_meta":{"origin":634537,"position":2},"title":"Egypt sells EGP 1.25 bn worth of T-bonds","author":"enterpriseam admin","date":"27 November 2018","format":false,"excerpt":"The central bank sold EGP 1.25 bn-worth of treasury bonds on Monday, Finance Ministry data shows. Yields on the three-year T-bonds worth EGP 750 mn averaged 18.14%, while yields on seven-year T-bonds worth EGP 500 mn averaged 18%. Egypt had issued last week USD 2.57 bn-worth of treasury bonds in\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":622468,"url":"https:\/\/enterpriseam.com\/egypt\/2018\/10\/02\/egypt-sells-t-bonds-worth-egp-904-mn-after-four-canceled-auctions\/","url_meta":{"origin":634537,"position":3},"title":"Egypt sells T-bonds worth EGP 904 mn after four canceled auctions","author":"enterpriseam admin","date":"2 October 2018","format":false,"excerpt":"Egypt sells north of EGP 900 mn in T-bonds after four canceled auctions: Egypt sold three- and seven-year treasury bonds worth EGP 903.8 mn yesterday after canceling four auctions in September due to high yields, according to CBE data. Yields on the three-year T-bonds were at 18.432%, while seven-year bonds\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":645527,"url":"https:\/\/enterpriseam.com\/egypt\/2017\/07\/24\/employees-at-subsidy-smart-card-manufacturer-arrested-charged-with-graft-worth-up-to-egp-60-mn\/","url_meta":{"origin":634537,"position":4},"title":"Employees at subsidy smart card manufacturer arrested, charged with graft worth up to EGP 60 mn","author":"enterpriseam admin","date":"24 July 2017","format":false,"excerpt":"Remember last year\u2019s expos\u00e9 of corruption in the wheat subsidy smart card system by Reuters\u2019 Eric Knecht? On Thursday, the Illicit Gains Authority referred \u201ctwo employees from the Smart Cards Applications Company to criminal court on charges of graft allegedly worth EGP 60 mn,\u201d Ahram Online reports. 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