{"id":649130,"date":"2017-04-23T04:02:40","date_gmt":"2017-04-23T04:02:40","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2017\/04\/23\/eetc-to-sign-egp-18-bn-loan-agreement-with-nbe-banque-misr-this-week\/"},"modified":"2017-04-23T04:02:40","modified_gmt":"2017-04-23T04:02:40","slug":"eetc-to-sign-egp-18-bn-loan-agreement-with-nbe-banque-misr-this-week","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2017\/04\/23\/eetc-to-sign-egp-18-bn-loan-agreement-with-nbe-banque-misr-this-week\/","title":{"rendered":"EETC to sign EGP 18 bn loan agreement with NBE, Banque Misr this week"},"content":{"rendered":"<p>The Egyptian Electricity Transmission Company (EETC) is expected to sign an EGP 18 bn loan with the National Bank of Egypt and Banque Misr this week, EETC head Gamal Abdel Rehim <a href=\"http:\/\/www.alborsanews.com\/2017\/04\/22\/1013278\">tells Al Borsa<\/a>. The loan is <a href=\"https:\/\/enterprise.press\/stories\/2017\/02\/12\/cabinet-approves-egp-37-bn-loan-to-fund-power-grid-capacity-build-up\/\">one of two<\/a> the banks are arranging to fund expansions to handle a production capacity of 18 GW by 2018.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Egyptian Electricity Transmission Company (EETC) is expected to sign an EGP 18 bn loan with the National Bank of Egypt and Banque Misr this week, EETC head Gamal Abdel Rehim tells Al Borsa. The loan is one of two the banks are arranging to fund expansions to handle a production capacity of 18 GW [&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-649130","post","type-post","status-publish","format-standard","hentry","category-banking-finance","tag-banking-finance","tag-enterpriseam","wpautop","entry"],"acf":{"mongo_id":"3d25a916-60de-4d19-8a72-2bcb5786749a","order":"0","is_powered_by":true,"story_type":"1","photo_url":"","photo_position":"above","related_issue":[649093],"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>EETC to sign EGP 18 bn loan agreement with NBE, Banque Misr this week - 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\/23\/eetc-to-sign-egp-18-bn-loan-agreement-with-nbe-banque-misr-this-week\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"EETC to sign EGP 18 bn loan agreement with NBE, Banque Misr this week\" \/>\n<meta property=\"og:description\" content=\"The Egyptian Electricity Transmission Company (EETC) is expected to sign an EGP 18 bn loan with the National Bank of Egypt and Banque Misr this week, EETC head Gamal Abdel Rehim tells Al Borsa. The loan is one of two the banks are arranging to fund expansions to handle a production capacity of 18 GW [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2017\/04\/23\/eetc-to-sign-egp-18-bn-loan-agreement-with-nbe-banque-misr-this-week\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2017-04-23T04:02:40+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\/23\/eetc-to-sign-egp-18-bn-loan-agreement-with-nbe-banque-misr-this-week\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/04\/23\/eetc-to-sign-egp-18-bn-loan-agreement-with-nbe-banque-misr-this-week\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"EETC to sign EGP 18 bn loan agreement with NBE, Banque Misr this week\",\"datePublished\":\"2017-04-23T04:02:40+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/04\/23\/eetc-to-sign-egp-18-bn-loan-agreement-with-nbe-banque-misr-this-week\/\"},\"wordCount\":67,\"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\/23\/eetc-to-sign-egp-18-bn-loan-agreement-with-nbe-banque-misr-this-week\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2017\/04\/23\/eetc-to-sign-egp-18-bn-loan-agreement-with-nbe-banque-misr-this-week\/\",\"name\":\"EETC to sign EGP 18 bn loan agreement with NBE, Banque Misr this week - 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The amount will be used to pay contractors and suppliers, including Elsewedy Electric,\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":651414,"url":"https:\/\/enterpriseam.com\/egypt\/2017\/02\/12\/cabinet-approves-egp-37-bn-loan-to-fund-power-grid-capacity-build-up\/","url_meta":{"origin":649130,"position":1},"title":"Cabinet approves EGP 37 bn loan to fund power grid capacity build-up","author":"enterpriseam admin","date":"12 February 2017","format":false,"excerpt":"The Ismail cabinet reportedly signed off on EGP 37 bn in loans to the Egyptian Electricity Transmission Company (EETC) to fund expansions to absorb a production capacity of 18 GW by 2018. The National Bank of Egypt will be arranging a EGP 19 bn loan, while Banque Misr will arrange\u2026","rel":"","context":"In &quot;Energy&quot;","block_context":{"text":"Energy","link":"https:\/\/enterpriseam.com\/egypt\/category\/industries\/energy\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":571460,"url":"https:\/\/enterpriseam.com\/egypt\/2020\/05\/12\/mnhd-signs-egp-2-1-bn-loan-agreement-with-nbe-aaib-and-banque-misr\/","url_meta":{"origin":649130,"position":2},"title":"MNHD signs EGP 2.1 bn loan agreement with NBE, AAIB and Banque Misr","author":"enterpriseam admin","date":"12 May 2020","format":false,"excerpt":"Madinet Nasr Housing and Development has signed a EGP 2.1 bn long-term joint loan agreement with the National Bank of Egypt, the Arab African International Bank and Banque Misr, the local press reports. The loan will be used to partially finance MNHD\u2019s Saray 1 and Saray 2 real estate projects\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":596368,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/08\/26\/marakez-gets-egp-1-5-bn-loan-from-5-banks-to-build-katameya-mall\/","url_meta":{"origin":649130,"position":3},"title":"Marakez gets EGP 1.5 bn loan from 5 banks to build Katameya mall","author":"enterpriseam admin","date":"26 August 2019","format":false,"excerpt":"Real estate developer Marakez has agreed a EGP 1.5 bn syndicated loan with five banks to build a mall in Katameya, banking officials told Al Shorouk. Banque Misr was the lead arranger of the loan, with Banque du Caire, CIB, the Arab African International Bank, and Misr Iran Development Bank\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":596234,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/08\/21\/al-marasem-eyes-banque-misr-to-become-lead-arranger-for-egp-2-bn-islamic-loan\/","url_meta":{"origin":649130,"position":4},"title":"Al Marasem eyes Banque Misr to become lead arranger for EGP 2 bn Islamic loan","author":"enterpriseam admin","date":"21 August 2019","format":false,"excerpt":"Real estate player Al Marasem International is in talks with Banque Misr to have it act as the lead arranger for a EGP 1.5-2 bn Islamic loan to fund its work in the new administrative capital, banking sources said, according to Al Mal. The state-owned bank approached a number of\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":571376,"url":"https:\/\/enterpriseam.com\/egypt\/2020\/05\/10\/banque-misr-to-arrange-loan-worth-up-to-egp-1-6-mn-to-damietta-furniture-city\/","url_meta":{"origin":649130,"position":5},"title":"Banque Misr to arrange loan worth up to EGP 1.6 mn to Damietta Furniture City","author":"enterpriseam admin","date":"10 May 2020","format":false,"excerpt":"Banque Misr will arrange a EGP 1.4-1.6 bn syndicated loan to Damietta Furniture City to help increase production and exports, Masrawy reports, citing unnamed banking sources. 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