{"id":639501,"date":"2017-10-30T03:37:31","date_gmt":"2017-10-30T03:37:31","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2017\/10\/30\/did-the-cbe-deny-hdbks-request-to-spin-off-its-real-estate-holdings\/"},"modified":"2017-10-30T03:37:31","modified_gmt":"2017-10-30T03:37:31","slug":"did-the-cbe-deny-hdbks-request-to-spin-off-its-real-estate-holdings","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2017\/10\/30\/did-the-cbe-deny-hdbks-request-to-spin-off-its-real-estate-holdings\/","title":{"rendered":"Did the CBE deny HDBK\u2019s request to spin off its real estate holdings?"},"content":{"rendered":"

The CBE reportedly denied the Housing and Development Bank\u2019s (HDBK) request to spin off its real estate holdings into a separate company, sources close to the matter supposedly told Al Mal<\/a>. HDBK\u2019s board had voted in favor of a demerger back in February<\/a> and had been receiving pitches from investment banks vying to advise on the transaction. HDBK said it had yet to receive word from the CBE on the matter in a regulatory filing on Sunday (pdf)<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"

The CBE reportedly denied the Housing and Development Bank\u2019s (HDBK) request to spin off its real estate holdings into a separate company, sources close to the matter supposedly told Al Mal. HDBK\u2019s board had voted in favor of a demerger back in February and had been receiving pitches from investment banks vying to advise on […]<\/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-639501","post","type-post","status-publish","format-standard","hentry","category-banking-finance","tag-banking-finance","tag-enterpriseam","wpautop","entry"],"acf":{"mongo_id":"828a0eb6-e5a4-4b25-8012-b45ff65645ea","order":"0","is_powered_by":true,"story_type":"1","photo_url":"","photo_position":"above","related_issue":[639469],"teaser":"","voice_url":""},"yoast_head":"\nDid the CBE deny HDBK\u2019s request to spin off its real estate holdings? - 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\/30\/did-the-cbe-deny-hdbks-request-to-spin-off-its-real-estate-holdings\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Did the CBE deny HDBK\u2019s request to spin off its real estate holdings?\" \/>\n<meta property=\"og:description\" content=\"The CBE reportedly denied the Housing and Development Bank\u2019s (HDBK) request to spin off its real estate holdings into a separate company, sources close to the matter supposedly told Al Mal. HDBK\u2019s board had voted in favor of a demerger back in February and had been receiving pitches from investment banks vying to advise on […]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2017\/10\/30\/did-the-cbe-deny-hdbks-request-to-spin-off-its-real-estate-holdings\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2017-10-30T03:37:31+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\/30\/did-the-cbe-deny-hdbks-request-to-spin-off-its-real-estate-holdings\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/10\/30\/did-the-cbe-deny-hdbks-request-to-spin-off-its-real-estate-holdings\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"Did the CBE deny HDBK\u2019s request to spin off its real estate holdings?\",\"datePublished\":\"2017-10-30T03:37:31+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/10\/30\/did-the-cbe-deny-hdbks-request-to-spin-off-its-real-estate-holdings\/\"},\"wordCount\":94,\"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\/30\/did-the-cbe-deny-hdbks-request-to-spin-off-its-real-estate-holdings\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2017\/10\/30\/did-the-cbe-deny-hdbks-request-to-spin-off-its-real-estate-holdings\/\",\"name\":\"Did the CBE deny HDBK\u2019s request to spin off its real estate holdings? - EnterpriseAM Egypt\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#website\"},\"datePublished\":\"2017-10-30T03:37:31+00:00\",\"breadcrumb\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/10\/30\/did-the-cbe-deny-hdbks-request-to-spin-off-its-real-estate-holdings\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/enterpriseam.com\/egypt\/2017\/10\/30\/did-the-cbe-deny-hdbks-request-to-spin-off-its-real-estate-holdings\/\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/10\/30\/did-the-cbe-deny-hdbks-request-to-spin-off-its-real-estate-holdings\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/enterpriseam.com\/egypt\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Did the CBE deny HDBK\u2019s request to spin off its real estate holdings?\"}]},{\"@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":"Did the CBE deny HDBK\u2019s request to spin off its real estate holdings? - 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\/10\/30\/did-the-cbe-deny-hdbks-request-to-spin-off-its-real-estate-holdings\/","og_locale":"en_US","og_type":"article","og_title":"Did the CBE deny HDBK\u2019s request to spin off its real estate holdings?","og_description":"The CBE reportedly denied the Housing and Development Bank\u2019s (HDBK) request to spin off its real estate holdings into a separate company, sources close to the matter supposedly told Al Mal. HDBK\u2019s board had voted in favor of a demerger back in February and had been receiving pitches from investment banks vying to advise on […]","og_url":"https:\/\/enterpriseam.com\/egypt\/2017\/10\/30\/did-the-cbe-deny-hdbks-request-to-spin-off-its-real-estate-holdings\/","og_site_name":"EnterpriseAM Egypt","article_published_time":"2017-10-30T03:37:31+00:00","author":"enterpriseam admin","twitter_card":"summary_large_image","twitter_misc":{"Written by":"enterpriseam admin"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/enterpriseam.com\/egypt\/2017\/10\/30\/did-the-cbe-deny-hdbks-request-to-spin-off-its-real-estate-holdings\/#article","isPartOf":{"@id":"https:\/\/enterpriseam.com\/egypt\/2017\/10\/30\/did-the-cbe-deny-hdbks-request-to-spin-off-its-real-estate-holdings\/"},"author":{"name":"enterpriseam admin","@id":"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d"},"headline":"Did the CBE deny HDBK\u2019s request to spin off its real estate holdings?","datePublished":"2017-10-30T03:37:31+00:00","mainEntityOfPage":{"@id":"https:\/\/enterpriseam.com\/egypt\/2017\/10\/30\/did-the-cbe-deny-hdbks-request-to-spin-off-its-real-estate-holdings\/"},"wordCount":94,"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\/30\/did-the-cbe-deny-hdbks-request-to-spin-off-its-real-estate-holdings\/","url":"https:\/\/enterpriseam.com\/egypt\/2017\/10\/30\/did-the-cbe-deny-hdbks-request-to-spin-off-its-real-estate-holdings\/","name":"Did the CBE deny HDBK\u2019s request to spin off its real estate holdings? - EnterpriseAM Egypt","isPartOf":{"@id":"https:\/\/enterpriseam.com\/egypt\/#website"},"datePublished":"2017-10-30T03:37:31+00:00","breadcrumb":{"@id":"https:\/\/enterpriseam.com\/egypt\/2017\/10\/30\/did-the-cbe-deny-hdbks-request-to-spin-off-its-real-estate-holdings\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/enterpriseam.com\/egypt\/2017\/10\/30\/did-the-cbe-deny-hdbks-request-to-spin-off-its-real-estate-holdings\/"]}]},{"@type":"BreadcrumbList","@id":"https:\/\/enterpriseam.com\/egypt\/2017\/10\/30\/did-the-cbe-deny-hdbks-request-to-spin-off-its-real-estate-holdings\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/enterpriseam.com\/egypt\/"},{"@type":"ListItem","position":2,"name":"Did the CBE deny HDBK\u2019s request to spin off its real estate holdings?"}]},{"@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\/"}]}},"featured_image_src":null,"featured_image_src_square":null,"author_info":{"display_name":"enterpriseam admin","author_link":"https:\/\/enterpriseam.com\/egypt\/author\/enterpriseam\/"},"jetpack_featured_media_url":"","jetpack_sharing_enabled":true,"jetpack-related-posts":[{"id":624245,"url":"https:\/\/enterpriseam.com\/egypt\/2018\/09\/03\/hdbk-to-launch-mobile-and-internet-banking-services-by-years-end\/","url_meta":{"origin":639501,"position":0},"title":"HDBK to launch mobile and internet banking services by year\u2019s end","author":"enterpriseam admin","date":"3 September 2018","format":false,"excerpt":"The Housing and Development Bank (HDBK) is planning to launch internet and mobile banking platforms by this year-end, Chairman Fathy El Sebai said, according to Al Shorouk. The move is part of HDBK\u2019s plan to expand in the retail banking sector.","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":650628,"url":"https:\/\/enterpriseam.com\/egypt\/2017\/03\/28\/hdbk-settles-pre-float-debts-worth-egp-700-mn\/","url_meta":{"origin":639501,"position":1},"title":"HDBK settles pre-float debts worth EGP 700 mn","author":"enterpriseam admin","date":"28 March 2017","format":false,"excerpt":"The Housing and Development Bank has settled pre-float letters of credit worth EGP 700 mn under the terms of the settlement agreement that the Central Bank had reached with the Union of Egyptian Investors Association in February, bank President Fathy El Sebai said on Monday, according to Al Mal.","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":651674,"url":"https:\/\/enterpriseam.com\/egypt\/2017\/02\/19\/what-were-tracking-on-19-february-2017\/","url_meta":{"origin":639501,"position":2},"title":"What we\u2019re tracking on 19 February 2017","author":"enterpriseam admin","date":"19 February 2017","format":false,"excerpt":"Keep an eye on the EGP today. The pound is flirting with the EGP 16.00 barrier this morning, with the CBE quoting a 16.0038 \/ 16.1062 buy \/ sell split in its table of average market rates for Thursday. Anecdotal evidence over the weekend suggests to us that small-time USD\u2026","rel":"","context":"In "What We're Tracking Today"","block_context":{"text":"What We're Tracking Today","link":"https:\/\/enterpriseam.com\/egypt\/category\/what-were-tracking-today\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":640859,"url":"https:\/\/enterpriseam.com\/egypt\/2017\/09\/06\/new-mds-appointed-at-credit-agricole-adib-hdbk\/","url_meta":{"origin":639501,"position":3},"title":"New MDs appointed at Credit Agricole, ADIB, HDBK","author":"enterpriseam admin","date":"6 September 2017","format":false,"excerpt":"MOVES- New MDs appointed at Credit Agricole, HDBK, ADIB: A number of Egyptian Banks announced new appointments yesterday. Those include: Credit Agricole Egypt naming Pierre Finas its new managing director and Assem Fahmy its non-executive Chairman after receiving central bank approval, according to a bourse disclosure. Finas\u2019 appointment was announced\u2026","rel":"","context":"In "Speed Round"","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":599293,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/06\/24\/attijariwafa-files-request-to-cbe-for-mobile-and-internet-banking-licenses\/","url_meta":{"origin":639501,"position":4},"title":"Attijariwafa files request to CBE for mobile and internet banking licenses","author":"enterpriseam admin","date":"24 June 2019","format":false,"excerpt":"Attijariwafa Bank has filed requests to the Central Bank of Egypt to acquire mobile banking and internet banking licenses, Chairman Halla Sakr tells Mubasher. The efforts to receive the licenses are part of the bank\u2019s plan to expand its digital services.","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":596365,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/08\/26\/investors-want-the-cbe-to-extend-its-tourism-sector-initiative\/","url_meta":{"origin":639501,"position":5},"title":"Investors want the CBE to extend its tourism sector initiative","author":"enterpriseam admin","date":"26 August 2019","format":false,"excerpt":"Investors are petitioning the Central Bank of Egypt to extend its tourism rescue initiative for investors and businesses operating in the sector for another two years to allow for the renovation of existing tourism facilities and the completion of those currently under construction, Al Shorouk reported. The CBE initiative, which\u2026","rel":"","context":"In "Tourism"","block_context":{"text":"Tourism","link":"https:\/\/enterpriseam.com\/egypt\/category\/data\/tourism\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]}],"_links":{"self":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/639501","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/comments?post=639501"}],"version-history":[{"count":0,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/639501\/revisions"}],"acf:post":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/issue\/639469"}],"wp:attachment":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media?parent=639501"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/categories?post=639501"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/tags?post=639501"},{"taxonomy":"brand","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/brand?post=639501"},{"taxonomy":"newspack_spnsrs_tax","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/newspack_spnsrs_tax?post=639501"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}