{"id":648379,"date":"2017-04-02T04:11:00","date_gmt":"2017-04-02T04:11:00","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2017\/04\/02\/eg-bank-to-lend-ueepc-egp-2-bn\/"},"modified":"2017-04-02T04:11:00","modified_gmt":"2017-04-02T04:11:00","slug":"eg-bank-to-lend-ueepc-egp-2-bn","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2017\/04\/02\/eg-bank-to-lend-ueepc-egp-2-bn\/","title":{"rendered":"EG Bank to lend UEEPC EGP 2 bn"},"content":{"rendered":"<p>The Upper Egypt Electricity Production Company (UEEPC) will borrow EGP 2 bn from EG Bank to finance the maintenance and development of its power stations, <a href=\"http:\/\/www.alborsanews.com\/2017\/04\/01\/1003933\">Al Borsa<\/a> reports. The bank will provide tranches in EGP, USD, and EUR, and the first USD 50 mn tranche is set to be disbursed this week, according to UEEPC CEO Ibrahim El Shahat.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Upper Egypt Electricity Production Company (UEEPC) will borrow EGP 2 bn from EG Bank to finance the maintenance and development of its power stations, Al Borsa reports. The bank will provide tranches in EGP, USD, and EUR, and the first USD 50 mn tranche is set to be disbursed this week, according to UEEPC [&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-648379","post","type-post","status-publish","format-standard","hentry","category-banking-finance","tag-banking-finance","tag-enterpriseam","wpautop","entry"],"acf":{"mongo_id":"20316caf-be43-4a38-a29e-b900fefea764","order":"0","is_powered_by":true,"story_type":"1","photo_url":"","photo_position":"above","related_issue":[648344],"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>EG Bank to lend UEEPC EGP 2 bn - 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\/04\/02\/eg-bank-to-lend-ueepc-egp-2-bn\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"EG Bank to lend UEEPC EGP 2 bn\" \/>\n<meta property=\"og:description\" content=\"The Upper Egypt Electricity Production Company (UEEPC) will borrow EGP 2 bn from EG Bank to finance the maintenance and development of its power stations, Al Borsa reports. The bank will provide tranches in EGP, USD, and EUR, and the first USD 50 mn tranche is set to be disbursed this week, according to UEEPC [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2017\/04\/02\/eg-bank-to-lend-ueepc-egp-2-bn\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2017-04-02T04:11:00+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\/04\/02\/eg-bank-to-lend-ueepc-egp-2-bn\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/04\/02\/eg-bank-to-lend-ueepc-egp-2-bn\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"EG Bank to lend UEEPC EGP 2 bn\",\"datePublished\":\"2017-04-02T04:11:00+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/04\/02\/eg-bank-to-lend-ueepc-egp-2-bn\/\"},\"wordCount\":64,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"keywords\":[\"BANKING + FINANCE\",\"EnterpriseAM\"],\"articleSection\":[\"Banking + Finance\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/04\/02\/eg-bank-to-lend-ueepc-egp-2-bn\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2017\/04\/02\/eg-bank-to-lend-ueepc-egp-2-bn\/\",\"name\":\"EG Bank to lend UEEPC EGP 2 bn - EnterpriseAM Egypt\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#website\"},\"datePublished\":\"2017-04-02T04:11:00+00:00\",\"breadcrumb\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/04\/02\/eg-bank-to-lend-ueepc-egp-2-bn\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/enterpriseam.com\/egypt\/2017\/04\/02\/eg-bank-to-lend-ueepc-egp-2-bn\/\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/04\/02\/eg-bank-to-lend-ueepc-egp-2-bn\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/enterpriseam.com\/egypt\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"EG Bank to lend UEEPC EGP 2 bn\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#website\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/\",\"name\":\"EnterpriseAM\",\"description\":\"The State of the Nation\",\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/enterpriseam.com\/egypt\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\",\"name\":\"EnterpriseAM\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/logo\/image\/\",\"url\":\"https:\/\/ent.news\/internal\/240894.svg\",\"contentUrl\":\"https:\/\/ent.news\/internal\/240894.svg\",\"caption\":\"EnterpriseAM\"},\"image\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/logo\/image\/\"}},{\"@type\":\"Person\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\",\"name\":\"enterpriseam admin\",\"sameAs\":[\"http:\/\/enterpriseam.testing.projectsarea.com\"],\"url\":\"https:\/\/enterpriseam.com\/egypt\/author\/enterpriseam\/\"}]}<\/script>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"EG Bank to lend UEEPC EGP 2 bn - EnterpriseAM Egypt","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/enterpriseam.com\/egypt\/2017\/04\/02\/eg-bank-to-lend-ueepc-egp-2-bn\/","og_locale":"en_US","og_type":"article","og_title":"EG Bank to lend UEEPC EGP 2 bn","og_description":"The Upper Egypt Electricity Production Company (UEEPC) will borrow EGP 2 bn from EG Bank to finance the maintenance and development of its power stations, Al Borsa reports. 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EG Bank will provide EGP 2.5 bn, QNB will contribute with EGP 1.7 bn. The National Bank of Egypt (NBE)\u2026","rel":"","context":"In &quot;Banking + Finance&quot;","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":631137,"url":"https:\/\/enterpriseam.com\/egypt\/2018\/03\/11\/fra-approves-capital-increase-requests-from-mnhd-porto-group-eg-bank-naeem-holding\/","url_meta":{"origin":648379,"position":1},"title":"FRA approves capital increase requests from MNHD, Porto Group, EG Bank, Naeem Holding","author":"enterpriseam admin","date":"11 March 2018","format":false,"excerpt":"The Financial Regulatory Authority (FRA) approved on Thursday EG Bank\u2019s request to raise its issued capital USD 22.5 mn to reach USD 365.3 mn, to be funded through its 2017 earnings, according to an EGX statement (pdf). The FRA also approved Naeem Holding\u2019s request for a USD 21.9 mn capital\u2026","rel":"","context":"In &quot;Banking + Finance&quot;","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":592750,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/11\/05\/three-banks-to-give-misr-italia-egp-650-syndicated-loan\/","url_meta":{"origin":648379,"position":2},"title":"Three banks to give Misr Italia EGP 650 syndicated loan","author":"enterpriseam admin","date":"5 November 2019","format":false,"excerpt":"Misr Italia Real Estate Group is set to receive a syndicated loan worth EGP 650 mn from Al Ahli Bank, Egyptian Gulf Bank, and Arab Investment Bank, according to the local press. The loan will be used to finance the construction of the Cairo Business Park project in New Cairo.","rel":"","context":"In &quot;Banking + Finance&quot;","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":647925,"url":"https:\/\/enterpriseam.com\/egypt\/2017\/05\/23\/eg-bank-to-borrow-usd-20-mn-from-eib-for-sme-financing\/","url_meta":{"origin":648379,"position":3},"title":"EG Bank to borrow USD 20 mn from EIB for SME financing","author":"enterpriseam admin","date":"23 May 2017","format":false,"excerpt":"EG Bank signed an agreement with the European Investment Bank (EIB) for a USD 20 mn loan to finance SME projects, the bank said, according to Al Mal. 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