{"id":650686,"date":"2017-03-29T04:06:10","date_gmt":"2017-03-29T04:06:10","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2017\/03\/29\/economic-appeals-court-upholds-nbes-decision-to-freeze-misr-insurance-assets\/"},"modified":"2017-03-29T04:06:10","modified_gmt":"2017-03-29T04:06:10","slug":"economic-appeals-court-upholds-nbes-decision-to-freeze-misr-insurance-assets","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2017\/03\/29\/economic-appeals-court-upholds-nbes-decision-to-freeze-misr-insurance-assets\/","title":{"rendered":"Economic Appeals Court upholds NBE\u2019s decision to freeze Misr Insurance assets"},"content":{"rendered":"

The Economic Appeals Court upheld the National Bank of Egypt\u2019s (NBE) decision to freeze EGP 3 bn of Mirs Ins.\u2019s liquid assets, NBE\u2019s legal counsel Saher Al Faseeh said on Tuesday, according to Al Mal<\/a>. We had reported in June<\/a> that the NBE had frozen EGP 5.2 bn of Misr Insurance\u2019s assets for failing to comply with an Economic Court ruling that forces the company to pay the NBE for insuring Hussein Salem\u2019s East Mediterranean Gas (EMG) from default against a USD 174 mn loan.<\/p>\n","protected":false},"excerpt":{"rendered":"

The Economic Appeals Court upheld the National Bank of Egypt\u2019s (NBE) decision to freeze EGP 3 bn of Mirs Ins.\u2019s liquid assets, NBE\u2019s legal counsel Saher Al Faseeh said on Tuesday, according to Al Mal. We had reported in June that the NBE had frozen EGP 5.2 bn of Misr Insurance\u2019s assets for failing to […]<\/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-650686","post","type-post","status-publish","format-standard","hentry","category-banking-finance","tag-banking-finance","tag-enterpriseam","wpautop","entry"],"acf":{"mongo_id":"cc22243d-a737-46b5-b8c6-c0a52c735348","order":"0","is_powered_by":true,"story_type":"1","photo_url":"","photo_position":"above","related_issue":[650650],"teaser":"","voice_url":""},"yoast_head":"\nEconomic Appeals Court upholds NBE\u2019s decision to freeze Misr Insurance assets - 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\/03\/29\/economic-appeals-court-upholds-nbes-decision-to-freeze-misr-insurance-assets\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Economic Appeals Court upholds NBE\u2019s decision to freeze Misr Insurance assets\" \/>\n<meta property=\"og:description\" content=\"The Economic Appeals Court upheld the National Bank of Egypt\u2019s (NBE) decision to freeze EGP 3 bn of Mirs Ins.\u2019s liquid assets, NBE\u2019s legal counsel Saher Al Faseeh said on Tuesday, according to Al Mal. We had reported in June that the NBE had frozen EGP 5.2 bn of Misr Insurance\u2019s assets for failing to […]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2017\/03\/29\/economic-appeals-court-upholds-nbes-decision-to-freeze-misr-insurance-assets\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2017-03-29T04:06:10+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\/03\/29\/economic-appeals-court-upholds-nbes-decision-to-freeze-misr-insurance-assets\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/03\/29\/economic-appeals-court-upholds-nbes-decision-to-freeze-misr-insurance-assets\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"Economic Appeals Court upholds NBE\u2019s decision to freeze Misr Insurance assets\",\"datePublished\":\"2017-03-29T04:06:10+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/03\/29\/economic-appeals-court-upholds-nbes-decision-to-freeze-misr-insurance-assets\/\"},\"wordCount\":99,\"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\/03\/29\/economic-appeals-court-upholds-nbes-decision-to-freeze-misr-insurance-assets\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2017\/03\/29\/economic-appeals-court-upholds-nbes-decision-to-freeze-misr-insurance-assets\/\",\"name\":\"Economic Appeals Court upholds NBE\u2019s decision to freeze Misr Insurance assets - 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