{"id":647388,"date":"2017-05-09T03:25:23","date_gmt":"2017-05-09T03:25:23","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2017\/05\/09\/banque-misr-approves-egp-1-2-bn-loan-for-damietta-furniture-city-at-7-interest\/"},"modified":"2017-05-09T03:25:23","modified_gmt":"2017-05-09T03:25:23","slug":"banque-misr-approves-egp-1-2-bn-loan-for-damietta-furniture-city-at-7-interest","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2017\/05\/09\/banque-misr-approves-egp-1-2-bn-loan-for-damietta-furniture-city-at-7-interest\/","title":{"rendered":"Banque Misr approves EGP 1.2 bn loan for Damietta furniture city at 7% interest"},"content":{"rendered":"

Banque Misr agreed to extend a EGP 1.2 bn facility to Damietta furniture city at an exceptional 7% interest rate, bank Chairman Mohamed El Etreby said on Monday, Al Borsa reports<\/a>. Direct project financing will carry a 5% interest, El Etreby adds. The first phase of the furniture city project in Damietta, which is being developed by the military\u2019s Engineering Authority, is expected to come online in December 2017.<\/p>\n","protected":false},"excerpt":{"rendered":"

Banque Misr agreed to extend a EGP 1.2 bn facility to Damietta furniture city at an exceptional 7% interest rate, bank Chairman Mohamed El Etreby said on Monday, Al Borsa reports. Direct project financing will carry a 5% interest, El Etreby adds. The first phase of the furniture city project in Damietta, which is being […]<\/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-647388","post","type-post","status-publish","format-standard","hentry","category-banking-finance","tag-banking-finance","tag-enterpriseam","wpautop","entry"],"acf":{"mongo_id":"e565ad51-3f16-410d-9988-a984de5e9659","order":"0","is_powered_by":true,"section_story_id":"d0a135ea-cbc7-4f46-8428-c9d924ecc17e","story_type":"1","photo_url":"","photo_position":"above","related_issue":[647347],"teaser":"","voice_url":""},"yoast_head":"\nBanque Misr approves EGP 1.2 bn loan for Damietta furniture city at 7% interest - 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\/05\/09\/banque-misr-approves-egp-1-2-bn-loan-for-damietta-furniture-city-at-7-interest\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Banque Misr approves EGP 1.2 bn loan for Damietta furniture city at 7% interest\" \/>\n<meta property=\"og:description\" content=\"Banque Misr agreed to extend a EGP 1.2 bn facility to Damietta furniture city at an exceptional 7% interest rate, bank Chairman Mohamed El Etreby said on Monday, Al Borsa reports. Direct project financing will carry a 5% interest, El Etreby adds. 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