{"id":651627,"date":"2017-02-16T04:17:55","date_gmt":"2017-02-16T04:17:55","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2017\/02\/16\/banque-du-caire-arranging-egp-2-bn-loan-for-egas\/"},"modified":"2017-02-16T04:17:55","modified_gmt":"2017-02-16T04:17:55","slug":"banque-du-caire-arranging-egp-2-bn-loan-for-egas","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2017\/02\/16\/banque-du-caire-arranging-egp-2-bn-loan-for-egas\/","title":{"rendered":"Banque du Caire arranging EGP 2 bn loan for EGAS"},"content":{"rendered":"<p>Banque du Caire is arranging an EGP 2 bn loan for EGAS, <a href=\"http:\/\/www.almalnews.com\/Pages\/StoryDetails.aspx?ID=322612\">Al Mal<\/a> reported. The loan will be paid back over a period of seven years, including a two-year grace period over which the loan will be completely issued and spent. We had <a href=\"https:\/\/enterprise.press\/stories\/2017\/02\/13\/egas-looking-to-borrow-egp-2-bn\/\">earlier reported<\/a> EGAS was looking to borrow EGP 2 bn to meet its debt obligations including ones to international oil companies.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Banque du Caire is arranging an EGP 2 bn loan for EGAS, Al Mal reported. The loan will be paid back over a period of seven years, including a two-year grace period over which the loan will be completely issued and spent. We had earlier reported EGAS was looking to borrow EGP 2 bn 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-651627","post","type-post","status-publish","format-standard","hentry","category-banking-finance","tag-banking-finance","tag-enterpriseam","wpautop","entry"],"acf":{"mongo_id":"aa287ca4-b60d-4bba-a656-2206713555a3","order":"0","is_powered_by":true,"story_type":"1","photo_url":"","photo_position":"above","related_issue":[651589],"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>Banque du Caire arranging EGP 2 bn loan for EGAS - 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\/02\/16\/banque-du-caire-arranging-egp-2-bn-loan-for-egas\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Banque du Caire arranging EGP 2 bn loan for EGAS\" \/>\n<meta property=\"og:description\" content=\"Banque du Caire is arranging an EGP 2 bn loan for EGAS, Al Mal reported. The loan will be paid back over a period of seven years, including a two-year grace period over which the loan will be completely issued and spent. We had earlier reported EGAS was looking to borrow EGP 2 bn to [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2017\/02\/16\/banque-du-caire-arranging-egp-2-bn-loan-for-egas\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2017-02-16T04:17:55+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\/02\/16\/banque-du-caire-arranging-egp-2-bn-loan-for-egas\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/02\/16\/banque-du-caire-arranging-egp-2-bn-loan-for-egas\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"Banque du Caire arranging EGP 2 bn loan for EGAS\",\"datePublished\":\"2017-02-16T04:17:55+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/02\/16\/banque-du-caire-arranging-egp-2-bn-loan-for-egas\/\"},\"wordCount\":72,\"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\/02\/16\/banque-du-caire-arranging-egp-2-bn-loan-for-egas\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2017\/02\/16\/banque-du-caire-arranging-egp-2-bn-loan-for-egas\/\",\"name\":\"Banque du Caire arranging EGP 2 bn loan for EGAS - EnterpriseAM Egypt\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#website\"},\"datePublished\":\"2017-02-16T04:17:55+00:00\",\"breadcrumb\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/02\/16\/banque-du-caire-arranging-egp-2-bn-loan-for-egas\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/enterpriseam.com\/egypt\/2017\/02\/16\/banque-du-caire-arranging-egp-2-bn-loan-for-egas\/\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/02\/16\/banque-du-caire-arranging-egp-2-bn-loan-for-egas\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/enterpriseam.com\/egypt\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Banque du Caire arranging EGP 2 bn loan for EGAS\"}]},{\"@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":"Banque du Caire arranging EGP 2 bn loan for EGAS - 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\/02\/16\/banque-du-caire-arranging-egp-2-bn-loan-for-egas\/","og_locale":"en_US","og_type":"article","og_title":"Banque du Caire arranging EGP 2 bn loan for EGAS","og_description":"Banque du Caire is arranging an EGP 2 bn loan for EGAS, Al Mal reported. 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The banks include NBE, Banque Misr, Banque du Caire, CIB, AAIB, QNB, ADIB, and Alex Bank, sources said. EGAS wants to pay the loan\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":647607,"url":"https:\/\/enterpriseam.com\/egypt\/2017\/05\/15\/egas-receives-egp-1-8-bn-package-from-eight-bank-consortium\/","url_meta":{"origin":651627,"position":1},"title":"EGAS receives EGP 1.8 bn package from eight-bank consortium","author":"enterpriseam admin","date":"15 May 2017","format":false,"excerpt":"A consortium of eight banks agreed to extend the Egyptian Natural Gas Holding Company (EGAS) an EGP 1.8 bn facility to finance its plans to increase natural gas production, Ahram Gate reports. The five-year loan is arranged by Banque du Caire; EGP 220 mn from was contributed by Emirates NBD,\u2026","rel":"","context":"In &quot;Automotive + Transportation&quot;","block_context":{"text":"Automotive + Transportation","link":"https:\/\/enterpriseam.com\/egypt\/category\/automotive-transportation\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":638815,"url":"https:\/\/enterpriseam.com\/egypt\/2017\/10\/15\/banque-du-caire-and-the-export-development-bank-join-electricity-loan-consortium\/","url_meta":{"origin":651627,"position":2},"title":"Banque du Caire and The Export Development Bank join electricity loan consortium","author":"enterpriseam admin","date":"15 October 2017","format":false,"excerpt":"Banque du Caire will contribute EGP 3 bn and the Export Development Bank a further EGP 1 bn to an EGP 37.4 bn syndicated facility to the Egyptian Electricity Transmission Company, reports AMAY. EGP 18 bn of the loan is committed to upgrading transmission lines in the grid with the\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":573235,"url":"https:\/\/enterpriseam.com\/egypt\/2020\/07\/26\/nbe-manages-egp-3-5-bn-joint-loan-for-ezz-steel\/","url_meta":{"origin":651627,"position":3},"title":"NBE manages EGP 3.5 bn joint loan for Ezz Steel","author":"enterpriseam admin","date":"26 July 2020","format":false,"excerpt":"The National Bank of Egypt (NBE) is managing a EGP 3.5 bn joint loan for the Ezz Steel Group to increase its working capital, Al Shorouk reports, citing unnamed informed sources. NBE, the AAIB, Banque Misr and Banque du Caire are all participating in the loan. The steel company is\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":651627,"position":4},"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":628110,"url":"https:\/\/enterpriseam.com\/egypt\/2018\/06\/25\/nbe-banque-misr-bdc-to-provide-ezz-steel-rolling-mills-with-egp-3-4-bn-syndicated-loan\/","url_meta":{"origin":651627,"position":5},"title":"NBE, Banque Misr, BdC to provide Ezz Steel Rolling Mills with EGP 3.4 bn syndicated loan","author":"enterpriseam admin","date":"25 June 2018","format":false,"excerpt":"The National Bank of Egypt, Banque Misr, and Banque du Caire are reportedly providing Ezz Steel Rolling Mills with a EGP 3.4 bn syndicated loan to finance the working capital of the company\u2019s Ain Sokhna facility, unnamed banking sources tell Al Shorouk. 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