{"id":636038,"date":"2017-12-19T04:03:56","date_gmt":"2017-12-19T04:03:56","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2017\/12\/19\/banque-misr-sells-egp-275-mn-worth-of-shares-in-mnhd\/"},"modified":"2017-12-19T04:03:56","modified_gmt":"2017-12-19T04:03:56","slug":"banque-misr-sells-egp-275-mn-worth-of-shares-in-mnhd","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2017\/12\/19\/banque-misr-sells-egp-275-mn-worth-of-shares-in-mnhd\/","title":{"rendered":"Banque Misr sells EGP 275 mn worth of shares in MNHD"},"content":{"rendered":"<p>Banque Misr has sold 25 mn shares in Medinet Nasr for Housing and Development (MNHD) for a total value of EGP 275 mn, according to <a href=\"http:\/\/www.egx.com.eg\/downloads\/News\/%D9%85%D8%AF%D9%8A%D9%86%D8%A9%20%D9%86%D8%B5%D8%B1%20%D8%A7%D8%AE%D8%B7%D8%A7%D8%B1-18-12-2017.pdf\">a bourse disclosure.<\/a> The sale reduces the bank\u2019s stake in MNHD to 3.47% from 5.97%.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Banque Misr has sold 25 mn shares in Medinet Nasr for Housing and Development (MNHD) for a total value of EGP 275 mn, according to a bourse disclosure. The sale reduces the bank\u2019s stake in MNHD to 3.47% from 5.97%.<\/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-636038","post","type-post","status-publish","format-standard","hentry","category-banking-finance","tag-banking-finance","tag-enterpriseam","wpautop","entry"],"acf":{"mongo_id":"b4d9ebb2-9718-4e50-8b5b-7276393a2692","order":"0","is_powered_by":true,"section_story_id":"84d86bd2-7860-4495-bcc4-2d5146e32e55","story_type":"1","photo_url":"","photo_position":"above","related_issue":[636003],"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>Banque Misr sells EGP 275 mn worth of shares in MNHD - 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\/19\/banque-misr-sells-egp-275-mn-worth-of-shares-in-mnhd\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Banque Misr sells EGP 275 mn worth of shares in MNHD\" \/>\n<meta property=\"og:description\" content=\"Banque Misr has sold 25 mn shares in Medinet Nasr for Housing and Development (MNHD) for a total value of EGP 275 mn, according to a bourse disclosure. The sale reduces the bank\u2019s stake in MNHD to 3.47% from 5.97%.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2017\/12\/19\/banque-misr-sells-egp-275-mn-worth-of-shares-in-mnhd\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2017-12-19T04:03:56+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\/19\/banque-misr-sells-egp-275-mn-worth-of-shares-in-mnhd\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/12\/19\/banque-misr-sells-egp-275-mn-worth-of-shares-in-mnhd\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"Banque Misr sells EGP 275 mn worth of shares in MNHD\",\"datePublished\":\"2017-12-19T04:03:56+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/12\/19\/banque-misr-sells-egp-275-mn-worth-of-shares-in-mnhd\/\"},\"wordCount\":47,\"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\/19\/banque-misr-sells-egp-275-mn-worth-of-shares-in-mnhd\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2017\/12\/19\/banque-misr-sells-egp-275-mn-worth-of-shares-in-mnhd\/\",\"name\":\"Banque Misr sells EGP 275 mn worth of shares in MNHD - EnterpriseAM Egypt\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#website\"},\"datePublished\":\"2017-12-19T04:03:56+00:00\",\"breadcrumb\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/12\/19\/banque-misr-sells-egp-275-mn-worth-of-shares-in-mnhd\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/enterpriseam.com\/egypt\/2017\/12\/19\/banque-misr-sells-egp-275-mn-worth-of-shares-in-mnhd\/\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/12\/19\/banque-misr-sells-egp-275-mn-worth-of-shares-in-mnhd\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/enterpriseam.com\/egypt\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Banque Misr sells EGP 275 mn worth of shares in MNHD\"}]},{\"@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":"Banque Misr sells EGP 275 mn worth of shares in MNHD - 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\/2017\/12\/19\/banque-misr-sells-egp-275-mn-worth-of-shares-in-mnhd\/","og_locale":"en_US","og_type":"article","og_title":"Banque Misr sells EGP 275 mn worth of shares in MNHD","og_description":"Banque Misr has sold 25 mn shares in Medinet Nasr for Housing and Development (MNHD) for a total value of EGP 275 mn, according to a bourse disclosure. 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The loan will be used to partially finance MNHD\u2019s Saray 1 and Saray 2 real estate projects\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":569873,"url":"https:\/\/enterpriseam.com\/egypt\/2020\/03\/10\/mnhd-plans-new-egp-2-bn-securitized-bond-offering\/","url_meta":{"origin":636038,"position":1},"title":"MNHD plans new EGP 2 bn securitized bond offering","author":"enterpriseam admin","date":"10 March 2020","format":false,"excerpt":"DEBT WATCH- MNHD plans new EGP 2 bn securitized bond offering: Madinet Nasr for Housing and Development is considering issuing another EGP 2 bn in securitized bonds this year, MNHD CEO Ahmed El Hitamy told Al Mal. The real estate company sold EGP 305 mn in corporate bonds earlier this\u2026","rel":"","context":"In &quot;Speed Round&quot;","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":554242,"url":"https:\/\/enterpriseam.com\/egypt\/2021\/12\/27\/efg-hermes-signs-egp-750-mn-sale-leaseback-agreement-with-mnhd\/","url_meta":{"origin":636038,"position":2},"title":"EFG Hermes signs EGP 750 mn sale + leaseback agreement with MNHD","author":"enterpriseam admin","date":"27 December 2021","format":false,"excerpt":"EFG Hermes\u2019 leasing and factoring arm has signed an EGP 750 mn sale and leaseback agreement with Madinet Nasr for Housing and Development (MNHD), the two companies said in a statement (pdf) on Sunday. The agreement is for the sale and leaseback of MNHD\u2019s Cobalt district in its Taj City\u2026","rel":"","context":"In &quot;NON-BANK FINANCE&quot;","block_context":{"text":"NON-BANK FINANCE","link":"https:\/\/enterpriseam.com\/egypt\/category\/non-bank-finance\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2021\/12\/493.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":596506,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/08\/29\/mnhd-signs-egp-300-mn-loan-agreement-with-aaib-to-finance-sarai-project\/","url_meta":{"origin":636038,"position":3},"title":"MNHD signs EGP 300 mn loan agreement with AAIB to finance Sarai project","author":"enterpriseam admin","date":"29 August 2019","format":false,"excerpt":"Madinet Nasr Housing & Development (MNHD) has signed a EGP 300 mn short-term loan agreement with the Arab African International Bank, according to an EGX disclosure (pdf). 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