{"id":647605,"date":"2017-05-15T03:32:23","date_gmt":"2017-05-15T03:32:23","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2017\/05\/15\/banque-misr-seeking-usd-500-mn-facility-from-china-development-bank\/"},"modified":"2017-05-15T03:32:23","modified_gmt":"2017-05-15T03:32:23","slug":"banque-misr-seeking-usd-500-mn-facility-from-china-development-bank","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2017\/05\/15\/banque-misr-seeking-usd-500-mn-facility-from-china-development-bank\/","title":{"rendered":"Banque Misr seeking USD 500 mn facility from China Development Bank"},"content":{"rendered":"

Banque Misr will sign a USD 500 mn loan with China Development Bank today to fund imports from China, Vice Chairman Akef El Maghraby tells Al Mal<\/a>. The facility carries an eight-year maturity and will be directed towards companies operating in Egypt.<\/p>\n","protected":false},"excerpt":{"rendered":"

Banque Misr will sign a USD 500 mn loan with China Development Bank today to fund imports from China, Vice Chairman Akef El Maghraby tells Al Mal. The facility carries an eight-year maturity and will be directed towards companies operating in Egypt.<\/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":[9291],"tags":[2370,72],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-647605","post","type-post","status-publish","format-standard","hentry","category-automotive-transportation","tag-automotive-transportation","tag-enterpriseam","wpautop","entry"],"acf":{"mongo_id":"b3e8fe56-af37-404d-ab0a-43f6df5b4398","order":"0","is_powered_by":true,"section_story_id":"39d91ee6-d7de-46d8-bf02-7c910cda6eaa","story_type":"1","photo_url":"","photo_position":"above","related_issue":[647571],"teaser":"","voice_url":""},"yoast_head":"\nBanque Misr seeking USD 500 mn facility from China Development Bank - 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\/15\/banque-misr-seeking-usd-500-mn-facility-from-china-development-bank\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Banque Misr seeking USD 500 mn facility from China Development Bank\" \/>\n<meta property=\"og:description\" content=\"Banque Misr will sign a USD 500 mn loan with China Development Bank today to fund imports from China, Vice Chairman Akef El Maghraby tells Al Mal. The facility carries an eight-year maturity and will be directed towards companies operating in Egypt.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2017\/05\/15\/banque-misr-seeking-usd-500-mn-facility-from-china-development-bank\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2017-05-15T03:32:23+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\/05\/15\/banque-misr-seeking-usd-500-mn-facility-from-china-development-bank\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/05\/15\/banque-misr-seeking-usd-500-mn-facility-from-china-development-bank\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"Banque Misr seeking USD 500 mn facility from China Development Bank\",\"datePublished\":\"2017-05-15T03:32:23+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/05\/15\/banque-misr-seeking-usd-500-mn-facility-from-china-development-bank\/\"},\"wordCount\":51,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"keywords\":[\"Automotive + Transportation\",\"EnterpriseAM\"],\"articleSection\":[\"Automotive + Transportation\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/05\/15\/banque-misr-seeking-usd-500-mn-facility-from-china-development-bank\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2017\/05\/15\/banque-misr-seeking-usd-500-mn-facility-from-china-development-bank\/\",\"name\":\"Banque Misr seeking USD 500 mn facility from China Development Bank - 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Banque Misr is also expected to sign an MoU for another loan from the China Development Bank this\u2026","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":649191,"url":"https:\/\/enterpriseam.com\/egypt\/2017\/04\/24\/banque-misr-signs-usd-100-mn-financing-agreement-with-chinas-industrial-and-commercial-bank\/","url_meta":{"origin":647605,"position":2},"title":"Banque Misr signs USD 100 mn financing agreement with China\u2019s Industrial and Commercial Bank","author":"enterpriseam admin","date":"24 April 2017","format":false,"excerpt":"Banque Misr signed a USD 100 mn financing agreement with China\u2019s Industrial and Commercial Bank (ICBC) for a project led by Huawei, Amwal Al Ghad reports. Banque Misr had previously signed an agreement with ICBC and the China Export and Credit Insurance Corporation to provide up to USD 500 mn\u2026","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":641308,"url":"https:\/\/enterpriseam.com\/egypt\/2017\/09\/18\/china-development-bank-signs-loan-agreements-with-saibank-banque-misr\/","url_meta":{"origin":647605,"position":3},"title":"China Development Bank signs loan agreements with SAIBANK, Banque Misr","author":"enterpriseam admin","date":"18 September 2017","format":false,"excerpt":"The China Development Bank (CDB) signed an agreement with SAIBANK to provide it with a USD 40 mn loan for SME funding, and a separate CNY 260 mn (USD 40 mn) loan for infrastructure projects, Xinhua reports. CDB also signed an MoU with Banque Misr to provide it with a\u2026","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":635435,"url":"https:\/\/enterpriseam.com\/egypt\/2017\/12\/04\/banque-misr-closing-in-on-usd-500-mn-facility-from-eib-eyes-a-further-usd-500-600-mn\/","url_meta":{"origin":647605,"position":4},"title":"Banque Misr closing in on USD 500 mn facility from EIB, eyes a further USD 500-600 mn","author":"enterpriseam admin","date":"4 December 2017","format":false,"excerpt":"Banque Misr plans to sign for a USD 500 mn loan from the European Investment Bank during the Business for Africa and the World Forum in Sharm El Sheikh which kicks off this Thursday, Vice President Akef El Maghraby tells Al Mal. El Maghraby added that the bank is also\u2026","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":626697,"url":"https:\/\/enterpriseam.com\/egypt\/2018\/07\/09\/banque-misr-lends-eehc-usd-230-mn-to-finance-investment-plans\/","url_meta":{"origin":647605,"position":5},"title":"Banque Misr lends EEHC USD 230 mn to finance investment plans","author":"enterpriseam admin","date":"9 July 2018","format":false,"excerpt":"Banque Misr is lending the Egyptian Electricity Holding Company (EEHC) USD 230 mn to finance the company\u2019s investment plans, an unnamed EEHC source tells Al Shorouk. The source declined to disclose the planned investments. 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