{"id":638582,"date":"2017-10-09T03:45:26","date_gmt":"2017-10-09T03:45:26","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2017\/10\/09\/sca-in-the-market-for-eur-300-mn-loan-to-finance-dredger-purchase\/"},"modified":"2017-10-09T03:45:26","modified_gmt":"2017-10-09T03:45:26","slug":"sca-in-the-market-for-eur-300-mn-loan-to-finance-dredger-purchase","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2017\/10\/09\/sca-in-the-market-for-eur-300-mn-loan-to-finance-dredger-purchase\/","title":{"rendered":"SCA in the market for EUR 300 mn loan to finance dredger purchase"},"content":{"rendered":"<p>The Suez Canal Authority (SCA) has asked Banque Misr and National Bank of Egypt for a EUR 300 loan to buy two new dredgers, <a href=\"http:\/\/ara.reuters.com\/article\/businessNews\/idARAKBN1CD0AL\">sources tell Reuters<\/a>. The banks are now preparing the terms of the agreement, they noted. SCA had signed a EUR 300 mn agreement with Dutch Royal IHC to purchase two dredgers <a href=\"https:\/\/enterprise.press\/stories\/2017\/10\/04\/sca-signs-eur-300-mn-agreement-with-royal-ihc-to-purchases-two-dredgers\/\">last week<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Suez Canal Authority (SCA) has asked Banque Misr and National Bank of Egypt for a EUR 300 loan to buy two new dredgers, sources tell Reuters. The banks are now preparing the terms of the agreement, they noted. SCA had signed a EUR 300 mn agreement with Dutch Royal IHC to purchase two dredgers [&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-638582","post","type-post","status-publish","format-standard","hentry","category-banking-finance","tag-banking-finance","tag-enterpriseam","wpautop","entry"],"acf":{"mongo_id":"2b4327fa-890f-468d-8fb7-6ea32b21c4fc","order":"0","is_powered_by":true,"section_story_id":"4230114a-43b0-45cc-8aba-efc84517344f","story_type":"1","photo_url":"","photo_position":"above","related_issue":[638546],"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>SCA in the market for EUR 300 mn loan to finance dredger purchase - 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\/10\/09\/sca-in-the-market-for-eur-300-mn-loan-to-finance-dredger-purchase\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"SCA in the market for EUR 300 mn loan to finance dredger purchase\" \/>\n<meta property=\"og:description\" content=\"The Suez Canal Authority (SCA) has asked Banque Misr and National Bank of Egypt for a EUR 300 loan to buy two new dredgers, sources tell Reuters. The banks are now preparing the terms of the agreement, they noted. SCA had signed a EUR 300 mn agreement with Dutch Royal IHC to purchase two dredgers [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2017\/10\/09\/sca-in-the-market-for-eur-300-mn-loan-to-finance-dredger-purchase\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2017-10-09T03:45:26+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\/10\/09\/sca-in-the-market-for-eur-300-mn-loan-to-finance-dredger-purchase\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/10\/09\/sca-in-the-market-for-eur-300-mn-loan-to-finance-dredger-purchase\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"SCA in the market for EUR 300 mn loan to finance dredger purchase\",\"datePublished\":\"2017-10-09T03:45:26+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/10\/09\/sca-in-the-market-for-eur-300-mn-loan-to-finance-dredger-purchase\/\"},\"wordCount\":67,\"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\/10\/09\/sca-in-the-market-for-eur-300-mn-loan-to-finance-dredger-purchase\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2017\/10\/09\/sca-in-the-market-for-eur-300-mn-loan-to-finance-dredger-purchase\/\",\"name\":\"SCA in the market for EUR 300 mn loan to finance dredger purchase - 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We noted a Reuters report yesterday claiming that the SCA was in talks with Gulf banks for a\u2026","rel":"","context":"In &quot;Infrastructure&quot;","block_context":{"text":"Infrastructure","link":"https:\/\/enterpriseam.com\/egypt\/category\/industries\/infrastructure\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":634996,"url":"https:\/\/enterpriseam.com\/egypt\/2018\/01\/30\/bank-consortium-waiting-on-finance-ministry-to-lend-the-sca-c-usd-602-mn-sca-will-likely-look-abroad-for-financing-of-dredgers\/","url_meta":{"origin":638582,"position":1},"title":"Bank consortium waiting on Finance Ministry to lend the SCA c. 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Consortium members include CIB, Banque Misr, NBE, AAIB,\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":628200,"url":"https:\/\/enterpriseam.com\/egypt\/2018\/06\/27\/sca-in-talks-with-unnamed-gulf-banks-for-eur-300-mn-to-finance-dredger-purchase\/","url_meta":{"origin":638582,"position":2},"title":"SCA in talks with unnamed Gulf banks for EUR 300 mn to finance dredger purchase","author":"enterpriseam admin","date":"27 June 2018","format":false,"excerpt":"The Suez Canal Authority (SCA) is in talks with unnamed Gulf banks for a EUR 300 mn loan to finance its agreement with Dutch Royal IHC to purchase two dredgers, three separate sources tell Reuters\u2019 Arabic service. A consortium made up of CIB, the National Bank of Egypt, Banque Misr,\u2026","rel":"","context":"In &quot;Infrastructure&quot;","block_context":{"text":"Infrastructure","link":"https:\/\/enterpriseam.com\/egypt\/category\/industries\/infrastructure\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":638458,"url":"https:\/\/enterpriseam.com\/egypt\/2017\/10\/04\/sca-signs-eur-300-mn-agreement-with-royal-ihc-to-purchases-two-dredgers\/","url_meta":{"origin":638582,"position":3},"title":"SCA signs EUR 300 mn agreement with Royal IHC to purchases two dredgers","author":"enterpriseam admin","date":"4 October 2017","format":false,"excerpt":"Suez Canal Authority (SCA) chief Mohab Mamish signed yesterday a EUR 300 mn agreement with Dutch Royal IHC to purchase two dredgers for the Suez Canal fleet, Al Mal reports. The new dredgers will allow the authority to expand its base of operations to all ports in Egypt, Mamish said,\u2026","rel":"","context":"In &quot;Infrastructure&quot;","block_context":{"text":"Infrastructure","link":"https:\/\/enterpriseam.com\/egypt\/category\/industries\/infrastructure\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":602339,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/03\/25\/suez-canal-authority-agrees-with-finmin-to-pay-off-debts-to-state-owned-banks\/","url_meta":{"origin":638582,"position":4},"title":"Suez Canal Authority agrees with FinMin to pay off debts to state-owned banks","author":"enterpriseam admin","date":"25 March 2019","format":false,"excerpt":"The Suez Canal Authority (SCA) has reportedly reached an agreement with the Finance Ministry that will see the ministry paying off the USD 600 mn the authority owes to state-owned banks, Al Shorouk reports. Under the agreement, the authority will pay off the remaining USD 300 mn it owes to\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":600526,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/01\/31\/egypt-signs-agreement-with-ebrd-for-eur-79-mn-kitchener-drain-loan\/","url_meta":{"origin":638582,"position":5},"title":"Egypt signs agreement with EBRD for EUR 79 mn Kitchener drain loan","author":"enterpriseam admin","date":"31 January 2019","format":false,"excerpt":"The Local Development Ministry signed yesterday an agreement to release a EUR 79 mn tranche of the EUR 148 mn loan from European Bank for Reconstruction and Development (EBRD) for the Kitchener Drain depollution project, according to a Cabinet statement. 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