{"id":634803,"date":"2018-01-24T04:19:11","date_gmt":"2018-01-24T04:19:11","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2018\/01\/24\/sugar-project-the-largest-non-oil-fdi-since-egp-float-nasr\/"},"modified":"2018-01-24T04:19:11","modified_gmt":"2018-01-24T04:19:11","slug":"sugar-project-the-largest-non-oil-fdi-since-egp-float-nasr","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2018\/01\/24\/sugar-project-the-largest-non-oil-fdi-since-egp-float-nasr\/","title":{"rendered":"Sugar project the largest non-oil FDI since EGP float -Nasr"},"content":{"rendered":"

Al Ghurair Group\u2019s <\/strong>vertically integrated sugar plant in Egypt<\/strong><\/a> is the biggest non-oil foreign direct investment transaction in Egypt since the EGP float<\/strong>, Investment Minister Sahar Nasr told Bloomberg<\/a>. Al Ghurair will put in USD 333 mn of the USD 1 bn project and then will raise its stake to 51% when it is completed in three years. Egyptian companies, including Al Ahly Capital Holding, will hold the remaining stake, Nasr said. She added that \u201cthe project will benefit from a tax break for three years because it will be located in Upper Egypt,\u201d Bloomberg notes.<\/p>\n","protected":false},"excerpt":{"rendered":"

Al Ghurair Group\u2019s vertically integrated sugar plant in Egypt is the biggest non-oil foreign direct investment transaction in Egypt since the EGP float, Investment Minister Sahar Nasr told Bloomberg. Al Ghurair will put in USD 333 mn of the USD 1 bn project and then will raise its stake to 51% when it is completed […]<\/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-634803","post","type-post","status-publish","format-standard","hentry","category-speed-round","tag-enterpriseam","tag-speed-round","wpautop","entry"],"acf":{"mongo_id":"6d923cb5-1442-434e-82cd-378b0b133a48","order":"0","is_powered_by":true,"section_story_id":"09f64e62-f1c5-4c4f-8c9d-f5abca7dc0b3","story_type":"1","photo_url":"","photo_position":"above","related_issue":[634789],"teaser":"","voice_url":""},"yoast_head":"\nSugar project the largest non-oil FDI since EGP float -Nasr - 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\/24\/sugar-project-the-largest-non-oil-fdi-since-egp-float-nasr\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Sugar project the largest non-oil FDI since EGP float -Nasr\" \/>\n<meta property=\"og:description\" content=\"Al Ghurair Group\u2019s vertically integrated sugar plant in Egypt is the biggest non-oil foreign direct investment transaction in Egypt since the EGP float, Investment Minister Sahar Nasr told Bloomberg. Al Ghurair will put in USD 333 mn of the USD 1 bn project and then will raise its stake to 51% when it is completed […]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2018\/01\/24\/sugar-project-the-largest-non-oil-fdi-since-egp-float-nasr\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2018-01-24T04:19:11+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\/24\/sugar-project-the-largest-non-oil-fdi-since-egp-float-nasr\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2018\/01\/24\/sugar-project-the-largest-non-oil-fdi-since-egp-float-nasr\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"Sugar project the largest non-oil FDI since EGP float -Nasr\",\"datePublished\":\"2018-01-24T04:19:11+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2018\/01\/24\/sugar-project-the-largest-non-oil-fdi-since-egp-float-nasr\/\"},\"wordCount\":104,\"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\/24\/sugar-project-the-largest-non-oil-fdi-since-egp-float-nasr\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2018\/01\/24\/sugar-project-the-largest-non-oil-fdi-since-egp-float-nasr\/\",\"name\":\"Sugar project the largest non-oil FDI since EGP float -Nasr - 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