{"id":637891,"date":"2017-11-28T04:01:13","date_gmt":"2017-11-28T04:01:13","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2017\/11\/28\/efg-hermes-sawiris-foundation-agree-to-launch-egp-53-mn-development-plan-for-two-luxor-villages\/"},"modified":"2017-11-28T04:01:13","modified_gmt":"2017-11-28T04:01:13","slug":"efg-hermes-sawiris-foundation-agree-to-launch-egp-53-mn-development-plan-for-two-luxor-villages","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2017\/11\/28\/efg-hermes-sawiris-foundation-agree-to-launch-egp-53-mn-development-plan-for-two-luxor-villages\/","title":{"rendered":"EFG Hermes, Sawiris foundation agree to launch EGP 53 mn development plan for two Luxor villages"},"content":{"rendered":"<p><a class=\"content-anchor\" id=\"tldr-story-05\"><\/a> <strong>EFG Hermes, Sawiris Foundation commit north of EGP 50 mn to rebuild two Luxor <\/strong><strong>villages: <\/strong>EFG Hermes signed an agreement with the Sawiris Foundation for Social Development yesterday, under which it plans to launch a EGP 53 mn comprehensive development plan for two Luxor villages, <a href=\"http:\/\/egx.com.eg\/downloads\/Bulletins\/210442_1.pdf\">according to a press statement<\/a>. Both densely populated villages suffer from high unemployment rate, poor infrastructure, and limited access to healthcare services.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>EFG Hermes, Sawiris Foundation commit north of EGP 50 mn to rebuild two Luxor villages: EFG Hermes signed an agreement with the Sawiris Foundation for Social Development yesterday, under which it plans to launch a EGP 53 mn comprehensive development plan for two Luxor villages, according to a press statement. Both densely populated villages suffer [&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":[8572],"tags":[72,2380],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-637891","post","type-post","status-publish","format-standard","hentry","category-speed-round","tag-enterpriseam","tag-speed-round","wpautop","entry"],"acf":{"mongo_id":"43d88c17-32cf-4957-a8de-6893e8231759","order":"0","is_powered_by":true,"section_story_id":"c4b0c6d5-d08a-421d-afcc-7d466836360b","story_type":"1","photo_url":"","photo_position":"above","related_issue":[637874],"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>EFG Hermes, Sawiris foundation agree to launch EGP 53 mn development plan for two Luxor villages - 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\/28\/efg-hermes-sawiris-foundation-agree-to-launch-egp-53-mn-development-plan-for-two-luxor-villages\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"EFG Hermes, Sawiris foundation agree to launch EGP 53 mn development plan for two Luxor villages\" \/>\n<meta property=\"og:description\" content=\"EFG Hermes, Sawiris Foundation commit north of EGP 50 mn to rebuild two Luxor villages: EFG Hermes signed an agreement with the Sawiris Foundation for Social Development yesterday, under which it plans to launch a EGP 53 mn comprehensive development plan for two Luxor villages, according to a press statement. 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ODE will use USD 215 mn to refinance outstanding debts and the remaining USD 50 mn to fund growth plans over a two-year period. The\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":595926,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/08\/14\/earnings-watch-sodic-efg-hermes-mnhd-telecom-egypt\/","url_meta":{"origin":637891,"position":2},"title":"Earnings watch: Sodic, EFG Hermes, MNHD, Telecom Egypt","author":"enterpriseam admin","date":"14 August 2019","format":false,"excerpt":"EARNINGS WATCH- Sodic net income grows 9% y-o-y in 2Q019, revenues double: Sodic recorded a 9% y-o-y increase in net income to EGP 175 mn in 2Q2019, the company said in an earnings statement (pdf) on Thursday. 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