{"id":647829,"date":"2017-05-21T04:04:57","date_gmt":"2017-05-21T04:04:57","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2017\/05\/21\/al-watany-bank-of-egypt-signs-usd-300-mn-loan-agreement-with-sumed\/"},"modified":"2017-05-21T04:04:57","modified_gmt":"2017-05-21T04:04:57","slug":"al-watany-bank-of-egypt-signs-usd-300-mn-loan-agreement-with-sumed","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2017\/05\/21\/al-watany-bank-of-egypt-signs-usd-300-mn-loan-agreement-with-sumed\/","title":{"rendered":"Al Watany Bank of Egypt signs USD 300 mn loan agreement with SUMED"},"content":{"rendered":"<p>Al Watany Bank of Egypt announced on Thursday it has signed a USD 300 mn loan agreement with the Arab Petroleum Pipelines Company (SUMED) to fund the first phase of the company\u2019s expansion in Ain Sokhna, <a href=\"http:\/\/www.almalnews.com\/Pages\/StoryDetails.aspx?ID=334451\">Al Mal reports<\/a>. The loan will be disbursed over two years, after which SUMED will have six years to repay the bank. <a href=\"https:\/\/www.nytimes.com\/interactive\/2017\/05\/19\/world\/middleeast\/schedule-for-trump-first-trip-overseas.html\">Reuters<\/a>also has the story.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Al Watany Bank of Egypt announced on Thursday it has signed a USD 300 mn loan agreement with the Arab Petroleum Pipelines Company (SUMED) to fund the first phase of the company\u2019s expansion in Ain Sokhna, Al Mal reports. The loan will be disbursed over two years, after which SUMED will have six years to [&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":[9298],"tags":[2372,72],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-647829","post","type-post","status-publish","format-standard","hentry","category-banking-finance","tag-banking-finance","tag-enterpriseam","wpautop","entry"],"acf":{"mongo_id":"06991726-2e7a-41ee-a1d6-cb21db39f79e","order":"0","is_powered_by":true,"section_story_id":"2c5addb3-36f5-4378-8437-b4e71287c2bc","story_type":"1","photo_url":"","photo_position":"above","related_issue":[647785],"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>Al Watany Bank of Egypt signs USD 300 mn loan agreement with SUMED - 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\/21\/al-watany-bank-of-egypt-signs-usd-300-mn-loan-agreement-with-sumed\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Al Watany Bank of Egypt signs USD 300 mn loan agreement with SUMED\" \/>\n<meta property=\"og:description\" content=\"Al Watany Bank of Egypt announced on Thursday it has signed a USD 300 mn loan agreement with the Arab Petroleum Pipelines Company (SUMED) to fund the first phase of the company\u2019s expansion in Ain Sokhna, Al Mal reports. 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