{"id":637021,"date":"2017-11-06T03:49:08","date_gmt":"2017-11-06T03:49:08","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2017\/11\/06\/suez-steel-in-talks-for-egp-1-bn-loan-to-fund-expansions\/"},"modified":"2017-11-06T03:49:08","modified_gmt":"2017-11-06T03:49:08","slug":"suez-steel-in-talks-for-egp-1-bn-loan-to-fund-expansions","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2017\/11\/06\/suez-steel-in-talks-for-egp-1-bn-loan-to-fund-expansions\/","title":{"rendered":"Suez Steel in talks for EGP 1 bn loan to fund expansions"},"content":{"rendered":"

Suez Steel initiated talks with a number of local banks to secure a EGP 1 bn loan to finance operations and an upcoming expansion,banking sources told Al Shorouk<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"

Suez Steel initiated talks with a number of local banks to secure a EGP 1 bn loan to finance operations and an upcoming expansion,banking sources told Al Shorouk.<\/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-637021","post","type-post","status-publish","format-standard","hentry","category-banking-finance","tag-banking-finance","tag-enterpriseam","wpautop","entry"],"acf":{"mongo_id":"f72be9e3-2f32-479f-8a0f-53ed59179b1e","order":"0","is_powered_by":true,"section_story_id":"44f25bd5-b68b-4b54-8e09-18c6740f5977","story_type":"1","photo_url":"","photo_position":"above","related_issue":[636980],"teaser":"","voice_url":""},"yoast_head":"\nSuez Steel in talks for EGP 1 bn loan to fund expansions - 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\/11\/06\/suez-steel-in-talks-for-egp-1-bn-loan-to-fund-expansions\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Suez Steel in talks for EGP 1 bn loan to fund expansions\" \/>\n<meta property=\"og:description\" content=\"Suez Steel initiated talks with a number of local banks to secure a EGP 1 bn loan to finance operations and an upcoming expansion,banking sources told Al Shorouk.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2017\/11\/06\/suez-steel-in-talks-for-egp-1-bn-loan-to-fund-expansions\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2017-11-06T03:49:08+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\/11\/06\/suez-steel-in-talks-for-egp-1-bn-loan-to-fund-expansions\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/11\/06\/suez-steel-in-talks-for-egp-1-bn-loan-to-fund-expansions\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"Suez Steel in talks for EGP 1 bn loan to fund expansions\",\"datePublished\":\"2017-11-06T03:49:08+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/11\/06\/suez-steel-in-talks-for-egp-1-bn-loan-to-fund-expansions\/\"},\"wordCount\":39,\"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\/11\/06\/suez-steel-in-talks-for-egp-1-bn-loan-to-fund-expansions\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2017\/11\/06\/suez-steel-in-talks-for-egp-1-bn-loan-to-fund-expansions\/\",\"name\":\"Suez Steel in talks for EGP 1 bn loan to fund expansions - 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The loan would finance expansions for the company\u2019s USD 5.5 bn steel plant in Ain Sokhna, which Egyptian Steel had rezoned within the Suez Canal Economic Zone at the end\u2026","rel":"","context":"In "Banking + Finance"","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":599760,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/01\/09\/beshay-steel-subsidiary-seeking-egp-3-5-bn-loan-from-local-banks\/","url_meta":{"origin":637021,"position":3},"title":"Beshay Steel subsidiary seeking EGP 3.5 bn loan from local banks","author":"enterpriseam admin","date":"9 January 2019","format":false,"excerpt":"Egyptian Sponge Iron and Steel (ESIS), a subsidiary of Beshay Steel, is holding talks with a number of local banks, including Banque Misr, NBE, CIB, QNB, and the Arab African International Bank, for a EGP 3.5 bn loan to finance expansions, according to Al Mal. 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