{"id":635984,"date":"2017-12-18T04:02:22","date_gmt":"2017-12-18T04:02:22","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2017\/12\/18\/nbe-banque-misr-to-provide-usd-580-mn-in-trade-finance-for-dabaa-npp-project\/"},"modified":"2017-12-18T04:02:22","modified_gmt":"2017-12-18T04:02:22","slug":"nbe-banque-misr-to-provide-usd-580-mn-in-trade-finance-for-dabaa-npp-project","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2017\/12\/18\/nbe-banque-misr-to-provide-usd-580-mn-in-trade-finance-for-dabaa-npp-project\/","title":{"rendered":"NBE, Banque Misr to provide USD 580 mn in trade finance for Dabaa NPP project"},"content":{"rendered":"<p>National Bank of Egypt (NBE) and Banque Misr have approved issuing trade finance facilities worth a total of USD 580 mn to the Nuclear Power Plants Authority (NPPA) to fund the requirements for Dabaa project, <a href=\"http:\/\/www.almalnews.com\/Story\/357257\/12\/580-%D9%85%D9%84%D9%8A%D9%88%D9%86-%D8%AF%D9%88%D9%84%D8%A7%D8%B1-%D8%AE%D8%B7%D8%A7%D8%A8%D8%A7%D8%AA-%D8%B6%D9%85%D8%A7%D9%86-%D9%88%D8%A7%D8%B9%D8%AA%D9%85%D8%A7%D8%AF%D8%A7%D8%AA-%D9%85%D8%B3%D8%AA%D9%86%D8%AF%D9%8A%D8%A9-%D9%84%D9%85%D8%B4%D8%B1%D9%88%D8%B9-%D8%A7%D9%84%D8%B6%D8%A8%D8%B9%D8%A9\">Al Mal reports<\/a>. NBE will provide letters of guarantee worth USD 230 mn to be used for imports of project requirements. Sources added that the first installment of the USD 25 bn Russian loan for the project will be USD 100 mn and is expected to be released in early 2018.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>National Bank of Egypt (NBE) and Banque Misr have approved issuing trade finance facilities worth a total of USD 580 mn to the Nuclear Power Plants Authority (NPPA) to fund the requirements for Dabaa project, Al Mal reports. NBE will provide letters of guarantee worth USD 230 mn to be used for imports of project [&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":[9298],"tags":[2372,72],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-635984","post","type-post","status-publish","format-standard","hentry","category-banking-finance","tag-banking-finance","tag-enterpriseam","wpautop","entry"],"acf":{"mongo_id":"e051a22a-5574-480e-b161-9cc41c2a1316","order":"0","is_powered_by":true,"story_type":"1","photo_url":"","photo_position":"above","related_issue":[635944],"teaser":"","voice_url":""},"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>NBE, Banque Misr to provide USD 580 mn in trade finance for Dabaa NPP project - 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\/18\/nbe-banque-misr-to-provide-usd-580-mn-in-trade-finance-for-dabaa-npp-project\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"NBE, Banque Misr to provide USD 580 mn in trade finance for Dabaa NPP project\" \/>\n<meta property=\"og:description\" content=\"National Bank of Egypt (NBE) and Banque Misr have approved issuing trade finance facilities worth a total of USD 580 mn to the Nuclear Power Plants Authority (NPPA) to fund the requirements for Dabaa project, Al Mal reports. NBE will provide letters of guarantee worth USD 230 mn to be used for imports of project [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2017\/12\/18\/nbe-banque-misr-to-provide-usd-580-mn-in-trade-finance-for-dabaa-npp-project\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2017-12-18T04:02:22+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\/18\/nbe-banque-misr-to-provide-usd-580-mn-in-trade-finance-for-dabaa-npp-project\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/12\/18\/nbe-banque-misr-to-provide-usd-580-mn-in-trade-finance-for-dabaa-npp-project\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"NBE, Banque Misr to provide USD 580 mn in trade finance for Dabaa NPP project\",\"datePublished\":\"2017-12-18T04:02:22+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/12\/18\/nbe-banque-misr-to-provide-usd-580-mn-in-trade-finance-for-dabaa-npp-project\/\"},\"wordCount\":95,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"keywords\":[\"BANKING + FINANCE\",\"EnterpriseAM\"],\"articleSection\":[\"Banking + Finance\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/12\/18\/nbe-banque-misr-to-provide-usd-580-mn-in-trade-finance-for-dabaa-npp-project\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2017\/12\/18\/nbe-banque-misr-to-provide-usd-580-mn-in-trade-finance-for-dabaa-npp-project\/\",\"name\":\"NBE, Banque Misr to provide USD 580 mn in trade finance for Dabaa NPP project - 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Banque Misr and the National Bank of Egypt had agreed last December to provide USD 580 mn\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":591808,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/12\/17\/evergrow-to-receive-usd-150-mn-loan-to-restructure-debts\/","url_meta":{"origin":635984,"position":1},"title":"Evergrow to receive USD 150 mn loan to restructure debts","author":"enterpriseam admin","date":"17 December 2019","format":false,"excerpt":"Egyptian fertilizer manufacturer Evergrow has reached an agreement with four local banks for a USD 150 mn loan to restructure its debts, banking sources told Al Shorouk. 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