{"id":635599,"date":"2017-12-07T04:11:33","date_gmt":"2017-12-07T04:11:33","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2017\/12\/07\/court-rules-ertu-must-repay-nib-for-egp-886-mn-loan\/"},"modified":"2017-12-07T04:11:33","modified_gmt":"2017-12-07T04:11:33","slug":"court-rules-ertu-must-repay-nib-for-egp-886-mn-loan","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2017\/12\/07\/court-rules-ertu-must-repay-nib-for-egp-886-mn-loan\/","title":{"rendered":"Court rules ERTU must repay NIB for EGP 886 mn loan"},"content":{"rendered":"

The Cairo Economic Court issued a ruling last week compelling the state-owned Egyptian Radio and Television Union (ERTU) to repay an EGP 886 mn loan from the National Investment Bank, judicial sources tell Al Borsa<\/a>. The court granted the ERTU a grace period that expires at the beginning of January to repay the sum in full. NIB had filed a lawsuit<\/a> against the ERTU last month to repay the entire sum of the loan plus a 16% penalty fee. It remains unclear whether the court upheld the demand for a penalty payment.<\/p>\n","protected":false},"excerpt":{"rendered":"

The Cairo Economic Court issued a ruling last week compelling the state-owned Egyptian Radio and Television Union (ERTU) to repay an EGP 886 mn loan from the National Investment Bank, judicial sources tell Al Borsa. The court granted the ERTU a grace period that expires at the beginning of January to repay the sum in […]<\/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":[9315],"tags":[72,2390],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-635599","post","type-post","status-publish","format-standard","hentry","category-other-business-news-of-note","tag-enterpriseam","tag-other-business-news-of-note","wpautop","entry"],"acf":{"mongo_id":"28c8847d-583f-406c-b5af-d49ed50cbb0c","order":"0","is_powered_by":true,"story_type":"1","photo_url":"","photo_position":"above","related_issue":[635559],"teaser":"","voice_url":""},"yoast_head":"\nCourt rules ERTU must repay NIB for EGP 886 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\/2017\/12\/07\/court-rules-ertu-must-repay-nib-for-egp-886-mn-loan\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Court rules ERTU must repay NIB for EGP 886 mn loan\" \/>\n<meta property=\"og:description\" content=\"The Cairo Economic Court issued a ruling last week compelling the state-owned Egyptian Radio and Television Union (ERTU) to repay an EGP 886 mn loan from the National Investment Bank, judicial sources tell Al Borsa. The court granted the ERTU a grace period that expires at the beginning of January to repay the sum in […]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2017\/12\/07\/court-rules-ertu-must-repay-nib-for-egp-886-mn-loan\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2017-12-07T04:11:33+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\/2017\/12\/07\/court-rules-ertu-must-repay-nib-for-egp-886-mn-loan\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/12\/07\/court-rules-ertu-must-repay-nib-for-egp-886-mn-loan\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"Court rules ERTU must repay NIB for EGP 886 mn loan\",\"datePublished\":\"2017-12-07T04:11:33+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/12\/07\/court-rules-ertu-must-repay-nib-for-egp-886-mn-loan\/\"},\"wordCount\":100,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"keywords\":[\"EnterpriseAM\",\"Other Business News of Note\"],\"articleSection\":[\"Other Business News of Note\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/12\/07\/court-rules-ertu-must-repay-nib-for-egp-886-mn-loan\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2017\/12\/07\/court-rules-ertu-must-repay-nib-for-egp-886-mn-loan\/\",\"name\":\"Court rules ERTU must repay NIB for EGP 886 mn loan - 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