{"id":642065,"date":"2017-08-06T03:53:21","date_gmt":"2017-08-06T03:53:21","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2017\/08\/06\/fdi-to-ring-in-around-usd-8-7-bn-in-fy2016-17-world-bank-afdb-tranches-coming-before-the-end-of-the-year-sahar-nasr\/"},"modified":"2017-08-06T03:53:21","modified_gmt":"2017-08-06T03:53:21","slug":"fdi-to-ring-in-around-usd-8-7-bn-in-fy2016-17-world-bank-afdb-tranches-coming-before-the-end-of-the-year-sahar-nasr","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2017\/08\/06\/fdi-to-ring-in-around-usd-8-7-bn-in-fy2016-17-world-bank-afdb-tranches-coming-before-the-end-of-the-year-sahar-nasr\/","title":{"rendered":"FDI to ring in around USD 8.7 bn in FY2016-17, World Bank, AfDB tranches coming before the end of the year -Sahar Nasr"},"content":{"rendered":"<p><strong>Foreign direct investment in FY2016-17 is expected to ring at around USD 8.7 bn<\/strong>, climbing 26% y-o-y over the previous fiscal year, said <a href=\"https:\/\/ent.news\/2017\/8\/1848.pdf\">Investment and International Cooperation Minister Sahar Nasr (pdf)<\/a> on Friday. Total investments for FY2016-17 came in at EGP 502 bn, up 28% y-o-y. <a href=\"https:\/\/enterprise.press\/stories\/2017\/08\/03\/egypt-may-see-fdi-inflows-exceeding-the-usd-10-bn-target-for-this-year\/\">Nasr reiterated last week\u2019s statements<\/a> that FDI for FY2017-18 could exceed USD 10 bn.<\/p>\n<p><strong>World Bank, AfDB tranches coming before the end of the year: <\/strong>The World Bank\u2019s board of governors has approved disbursing the third and final USD 1 bn tranche of the its USD 3 bn loan to Egypt, Nasr <a href=\"http:\/\/www.almasryalyoum.com\/news\/details\/1171812\">tells Al Masry Al Youm<\/a>. The funds should be in by December, Nasr said, adding that Egypt will also be receiving the USD 500 mn tranche of the African Development Bank\u2019s loan before the end of the year.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Foreign direct investment in FY2016-17 is expected to ring at around USD 8.7 bn, climbing 26% y-o-y over the previous fiscal year, said Investment and International Cooperation Minister Sahar Nasr (pdf) on Friday. Total investments for FY2016-17 came in at EGP 502 bn, up 28% y-o-y. Nasr reiterated last week\u2019s statements that FDI for FY2017-18 [&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-642065","post","type-post","status-publish","format-standard","hentry","category-speed-round","tag-enterpriseam","tag-speed-round","wpautop","entry"],"acf":{"mongo_id":"e14cfd58-e8a2-4180-8ef3-51d7581732c9","order":"0","is_powered_by":true,"section_story_id":"830bc74b-081b-489a-9491-b5ff2af116d9","story_type":"1","photo_url":"","photo_position":"above","related_issue":[642044],"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>FDI to ring in around USD 8.7 bn in FY2016-17, World Bank, AfDB tranches coming before the end of the year -Sahar Nasr - 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\/08\/06\/fdi-to-ring-in-around-usd-8-7-bn-in-fy2016-17-world-bank-afdb-tranches-coming-before-the-end-of-the-year-sahar-nasr\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"FDI to ring in around USD 8.7 bn in FY2016-17, World Bank, AfDB tranches coming before the end of the year -Sahar Nasr\" \/>\n<meta property=\"og:description\" content=\"Foreign direct investment in FY2016-17 is expected to ring at around USD 8.7 bn, climbing 26% y-o-y over the previous fiscal year, said Investment and International Cooperation Minister Sahar Nasr (pdf) on Friday. 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Nasr reiterated last week\u2019s statements that FDI for FY2017-18 [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2017\/08\/06\/fdi-to-ring-in-around-usd-8-7-bn-in-fy2016-17-world-bank-afdb-tranches-coming-before-the-end-of-the-year-sahar-nasr\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2017-08-06T03:53:21+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\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/08\/06\/fdi-to-ring-in-around-usd-8-7-bn-in-fy2016-17-world-bank-afdb-tranches-coming-before-the-end-of-the-year-sahar-nasr\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/08\/06\/fdi-to-ring-in-around-usd-8-7-bn-in-fy2016-17-world-bank-afdb-tranches-coming-before-the-end-of-the-year-sahar-nasr\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"FDI to ring in around USD 8.7 bn in FY2016-17, World Bank, AfDB tranches coming before the end of the year -Sahar Nasr\",\"datePublished\":\"2017-08-06T03:53:21+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/08\/06\/fdi-to-ring-in-around-usd-8-7-bn-in-fy2016-17-world-bank-afdb-tranches-coming-before-the-end-of-the-year-sahar-nasr\/\"},\"wordCount\":157,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"keywords\":[\"EnterpriseAM\",\"SPEED ROUND\"],\"articleSection\":[\"Speed Round\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/08\/06\/fdi-to-ring-in-around-usd-8-7-bn-in-fy2016-17-world-bank-afdb-tranches-coming-before-the-end-of-the-year-sahar-nasr\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2017\/08\/06\/fdi-to-ring-in-around-usd-8-7-bn-in-fy2016-17-world-bank-afdb-tranches-coming-before-the-end-of-the-year-sahar-nasr\/\",\"name\":\"FDI to ring in around USD 8.7 bn in FY2016-17, World Bank, AfDB tranches coming before the end of the year -Sahar Nasr - 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Disbursing the tranche was approved two weeks ago. AfDB Country Manager for Egypt, Malinne Blomberg,\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":624921,"url":"https:\/\/enterpriseam.com\/egypt\/2018\/09\/23\/new-disbursals-from-international-lenders-coming\/","url_meta":{"origin":642065,"position":1},"title":"New disbursals from international lenders coming","author":"enterpriseam admin","date":"23 September 2018","format":false,"excerpt":"New disbursals from international lenders coming: The World Bank\u2019s board has unanimously approved a USD 300 mn loan to Egypt as part of the planned upgrade of water and wastewater infrastructure in rural communities, Investment and International Cooperation Minister Sahar Nasr said. The program, which was launched back in 2015,\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":642773,"url":"https:\/\/enterpriseam.com\/egypt\/2017\/08\/22\/third-usd-1-bn-tranche-of-world-bank-loan-coming-before-years-end\/","url_meta":{"origin":642065,"position":2},"title":"Third USD 1 bn tranche of World Bank loan coming before year\u2019s end","author":"enterpriseam admin","date":"22 August 2017","format":false,"excerpt":"Third USD 1 bn tranche of World Bank loan coming before year\u2019s end: The third and final USD 1 bn tranche of the USD 3 bn World Bank loan to support the economic and social reform program is expected to be signed before the end of the year, Investment Minister\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":625178,"url":"https:\/\/enterpriseam.com\/egypt\/2018\/09\/30\/egypt-receives-final-usd-500-mn-tranche-of-afdbs-usd-1-5-bn-loan\/","url_meta":{"origin":642065,"position":3},"title":"Egypt receives final USD 500 mn tranche of AfDB\u2019s USD 1.5 bn loan","author":"enterpriseam admin","date":"30 September 2018","format":false,"excerpt":"Egypt received the third and final USD 500 mn tranche of a USD 1.5 bn African Development Bank loan on Thursday, according to an Investment Ministry statement (pdf). Authorities will use the funds to finance development projects and provide services to citizens in under-developed regions, Minister Sahar Nasr said. 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":646319,"url":"https:\/\/enterpriseam.com\/egypt\/2017\/06\/12\/usd-400-mn-from-saudi-for-sinai-development-wb-and-afdb-in-town-to-disburse-funds\/","url_meta":{"origin":642065,"position":4},"title":"USD 400 mn from Saudi for Sinai development, WB and AfDB in town to disburse funds","author":"enterpriseam admin","date":"12 June 2017","format":false,"excerpt":"The Saudi Fund for Development disbursed last week a USD 400 mn tranche of its USD 1.5 bn loan for the development of Sinai, Investment and International Cooperation Minister Sahar Nasr said, according to remarks carried by Al Mal. The loan is set to fund King Salman University, King Salman\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":624314,"url":"https:\/\/enterpriseam.com\/egypt\/2018\/09\/05\/afdb-to-disburse-usd-500-mn-loan-tranche-in-coming-days\/","url_meta":{"origin":642065,"position":5},"title":"AfDB to disburse USD 500 mn loan tranche in coming days","author":"enterpriseam admin","date":"5 September 2018","format":false,"excerpt":"AfDB to disburse third USD 500 mn tranche of loan: Speaking of foreign borrowing, Egypt can expect receipt within days of a third and final USD 500 mn tranche of a USD 1.5 bn loan from the African Development Bank (AfDB), the bank\u2019s country manager for Egyopt, Malinne Blomberg, said\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":[]}],"_links":{"self":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/642065","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=642065"}],"version-history":[{"count":0,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/642065\/revisions"}],"acf:post":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/issue\/642044"}],"wp:attachment":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media?parent=642065"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/categories?post=642065"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/tags?post=642065"},{"taxonomy":"brand","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/brand?post=642065"},{"taxonomy":"newspack_spnsrs_tax","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/newspack_spnsrs_tax?post=642065"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}