{"id":646617,"date":"2017-06-19T03:58:17","date_gmt":"2017-06-19T03:58:17","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2017\/06\/19\/saudi-prince-withdraws-from-usd-1-bn-steel-complex-with-suez-canal-authority\/"},"modified":"2017-06-19T03:58:17","modified_gmt":"2017-06-19T03:58:17","slug":"saudi-prince-withdraws-from-usd-1-bn-steel-complex-with-suez-canal-authority","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2017\/06\/19\/saudi-prince-withdraws-from-usd-1-bn-steel-complex-with-suez-canal-authority\/","title":{"rendered":"Saudi prince withdraws from USD 1 bn steel complex with Suez Canal Authority"},"content":{"rendered":"<p>Saudi Prince Walid bin Musaed bin Saud bin Abdel Aziz Al Saud\u2019s company withdrew from a USD 1 bn steel complex that was set to be implemented in partnership with the Suez Canal Authority (SCA), sources tell <a href=\"http:\/\/www.almalnews.com\/Story\/337582\/58\/%D8%A3%D9%85%D9%8A%D8%B1-%D8%B3%D8%B9%D9%88%D8%AF%D9%89-%D9%8A%D9%86%D8%B3%D8%AD%D8%A8-%D9%85%D9%86-%D9%85%D8%B4%D8%B1%D9%88%D8%B9-%D9%85%D8%B4%D8%AA%D8%B1%D9%83-%D9%85%D8%B9-%D9%82%D9%86%D8%A7%D8%A9-%D8%A7%D9%84%D8%B3%D9%88%D9%8A%D8%B3-%D8%A8%D9%85%D9%84%D9%8A%D8%A7%D8%B1-%D8%AF%D9%88%D9%84%D8%A7%D8%B1\">Al Mal<\/a>. He reportedly had objections concerning key contractual details. SCA is likely to seek a European loan for cover investments. Construction of the project was set to begin in October, after an Italian company finishes drafting the feasibility studies.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Saudi Prince Walid bin Musaed bin Saud bin Abdel Aziz Al Saud\u2019s company withdrew from a USD 1 bn steel complex that was set to be implemented in partnership with the Suez Canal Authority (SCA), sources tell Al Mal. He reportedly had objections concerning key contractual details. SCA is likely to seek a European loan [&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":[9315],"tags":[72,2390],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-646617","post","type-post","status-publish","format-standard","hentry","category-other-business-news-of-note","tag-enterpriseam","tag-other-business-news-of-note","wpautop","entry"],"acf":{"mongo_id":"5d29b430-7e2b-4f3d-bf29-13af09f55fa1","order":"0","is_powered_by":true,"story_type":"1","photo_url":"","photo_position":"above","related_issue":[646582],"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>Saudi prince withdraws from USD 1 bn steel complex with Suez Canal Authority - 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\/06\/19\/saudi-prince-withdraws-from-usd-1-bn-steel-complex-with-suez-canal-authority\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Saudi prince withdraws from USD 1 bn steel complex with Suez Canal Authority\" \/>\n<meta property=\"og:description\" content=\"Saudi Prince Walid bin Musaed bin Saud bin Abdel Aziz Al Saud\u2019s company withdrew from a USD 1 bn steel complex that was set to be implemented in partnership with the Suez Canal Authority (SCA), sources tell Al Mal. 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