{"id":652771,"date":"2017-01-18T04:06:32","date_gmt":"2017-01-18T04:06:32","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2017\/01\/18\/cbe-governor-to-meet-with-investor-associations-next-week-to-resume-talks-on-pre-floats-lcs\/"},"modified":"2017-01-18T04:06:32","modified_gmt":"2017-01-18T04:06:32","slug":"cbe-governor-to-meet-with-investor-associations-next-week-to-resume-talks-on-pre-floats-lcs","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2017\/01\/18\/cbe-governor-to-meet-with-investor-associations-next-week-to-resume-talks-on-pre-floats-lcs\/","title":{"rendered":"CBE governor to meet with Investor Associations next week to resume talks on pre-floats LCs"},"content":{"rendered":"<p>CBE Governor Tarek Amer will meet with members of the Union of Egyptian Investors Associations early next week to resume talks on the repayment of LCs issued before the EGP float, <a href=\"http:\/\/www.alborsanews.com\/2017\/01\/17\/%D8%A7%D9%84%D9%85%D8%B1%D9%83%D8%B2%D9%89-%D9%8A%D9%84%D8%AA%D9%82%D9%89-%D8%A7%D9%84%D9%85%D8%B3%D8%AA%D8%AB%D9%85%D8%B1%D9%8A%D9%86-%D9%85%D8%AC%D8%AF%D8%AF%D8%A7%D9%8B-%D9%84%D8%AD%D8%B3\/\">Al Borsa<\/a> reported. The meeting will look into rescheduling the loans, set a fixed exchange rate for the debt as well as interest rate, according to the Union\u2019s Mohamed Farid Khamis. In a meeting last week, the Federation had agreed with PM Sherif Ismail that pre-float LCs would be repaid over a seven-year period.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>CBE Governor Tarek Amer will meet with members of the Union of Egyptian Investors Associations early next week to resume talks on the repayment of LCs issued before the EGP float, Al Borsa reported. The meeting will look into rescheduling the loans, set a fixed exchange rate for the debt as well as interest rate, [&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-652771","post","type-post","status-publish","format-standard","hentry","category-banking-finance","tag-banking-finance","tag-enterpriseam","wpautop","entry"],"acf":{"mongo_id":"947433e1-d529-49fd-8650-6c57f7d4bb81","order":"0","is_powered_by":true,"section_story_id":"217cbc11-f230-4324-967b-b01ff957c97d","story_type":"1","photo_url":"","photo_position":"above","related_issue":[652738],"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>CBE governor to meet with Investor Associations next week to resume talks on pre-floats LCs - 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\/01\/18\/cbe-governor-to-meet-with-investor-associations-next-week-to-resume-talks-on-pre-floats-lcs\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"CBE governor to meet with Investor Associations next week to resume talks on pre-floats LCs\" \/>\n<meta property=\"og:description\" content=\"CBE Governor Tarek Amer will meet with members of the Union of Egyptian Investors Associations early next week to resume talks on the repayment of LCs issued before the EGP float, Al Borsa reported. The meeting will look into rescheduling the loans, set a fixed exchange rate for the debt as well as interest rate, [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2017\/01\/18\/cbe-governor-to-meet-with-investor-associations-next-week-to-resume-talks-on-pre-floats-lcs\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2017-01-18T04:06:32+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\/01\/18\/cbe-governor-to-meet-with-investor-associations-next-week-to-resume-talks-on-pre-floats-lcs\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/01\/18\/cbe-governor-to-meet-with-investor-associations-next-week-to-resume-talks-on-pre-floats-lcs\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"CBE governor to meet with Investor Associations next week to resume talks on pre-floats LCs\",\"datePublished\":\"2017-01-18T04:06:32+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/01\/18\/cbe-governor-to-meet-with-investor-associations-next-week-to-resume-talks-on-pre-floats-lcs\/\"},\"wordCount\":101,\"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\/01\/18\/cbe-governor-to-meet-with-investor-associations-next-week-to-resume-talks-on-pre-floats-lcs\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2017\/01\/18\/cbe-governor-to-meet-with-investor-associations-next-week-to-resume-talks-on-pre-floats-lcs\/\",\"name\":\"CBE governor to meet with Investor Associations next week to resume talks on pre-floats LCs - 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During a meeting with CBE Governor Tarek Amer last week, Union members had proposed a seven-year\u2026","rel":"","context":"In &quot;Egypt Politics + Economics&quot;","block_context":{"text":"Egypt Politics + Economics","link":"https:\/\/enterpriseam.com\/egypt\/category\/egypt-politics-economics\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":651792,"url":"https:\/\/enterpriseam.com\/egypt\/2017\/02\/21\/investor-associations-claim-to-have-reached-agreement-to-settle-pre-float-debts\/","url_meta":{"origin":652771,"position":1},"title":"Investor Associations claim to have reached agreement to settle pre-float debts","author":"enterpriseam admin","date":"21 February 2017","format":false,"excerpt":"Investor Associations claim to have reached agreement to settle pre-float LCs: The Union of Egyptian Investor Associations (UEIA) is now claiming that it had reached an agreement with the CBE on settling LCs opened from before the EGP float. Members tell Al Borsa that companies with outstanding pre-float LCs worth\u2026","rel":"","context":"In &quot;Speed Round&quot;","block_context":{"text":"Speed Round","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":651846,"url":"https:\/\/enterpriseam.com\/egypt\/2017\/02\/22\/bankers-acknowledge-cbe-investors-associations-agreement-on-settling-pre-float-lcs\/","url_meta":{"origin":652771,"position":2},"title":"Bankers acknowledge CBE, Investors Associations agreement on settling pre-float LCs","author":"enterpriseam admin","date":"22 February 2017","format":false,"excerpt":"Bankers acknowledge CBE, Investors Associations agreement on settling pre-float LCs: Senior banking sector officials appeared to confirm to Reuters that the CBE has indeed reached the agreement which we noted yesterday with the Union of Egyptian Investors Associations (UEIA) on settling LC debt spikes incurred following the EGP float. Under\u2026","rel":"","context":"In &quot;Speed Round&quot;","block_context":{"text":"Speed Round","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":651446,"url":"https:\/\/enterpriseam.com\/egypt\/2017\/02\/13\/tarek-amer-and-investor-associations-reach-partial-settlement-deal-for-pre-float-lcs\/","url_meta":{"origin":652771,"position":3},"title":"Tarek Amer and Investor Associations reach partial settlement deal for pre-float LCs","author":"enterpriseam admin","date":"13 February 2017","format":false,"excerpt":"A settlement agreement for pre-float LCs of less than USD 5 mn? Not quite yet. Companies with pre-float letters of credit worth less than USD 5 mn could be given up to seven years to repay their bankers, Al Borsa says, if a settlement mechanism for which an industry association\u2026","rel":"","context":"In &quot;Speed Round&quot;","block_context":{"text":"Speed Round","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":651312,"url":"https:\/\/enterpriseam.com\/egypt\/2017\/02\/09\/on-the-horizon-254\/","url_meta":{"origin":652771,"position":4},"title":"On the horizon","author":"enterpriseam admin","date":"9 February 2017","format":false,"excerpt":"New cabinet on Sunday? Prime Minister Sherif Ismail has said he expects to unveil his new cabinet at the House of Representatives on Sunday. We\u2019re hoping the economic team remains intact, but at least one minister is rumored to be exiting.\u201cTalks\u201d on pre-float letters of credit to resume: Central Bank\u2026","rel":"","context":"In &quot;ON THE HORIZON&quot;","block_context":{"text":"ON THE HORIZON","link":"https:\/\/enterpriseam.com\/egypt\/category\/on-the-horizon\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":652994,"url":"https:\/\/enterpriseam.com\/egypt\/2017\/01\/24\/what-were-tracking-this-week-223\/","url_meta":{"origin":652771,"position":5},"title":"What we\u2019re tracking this week","author":"enterpriseam admin","date":"24 January 2017","format":false,"excerpt":"More noise about the cabinet reshuffle: Following from the reports by Al Ahram that eight ministers will be replaced in the upcoming reshuffle, including an \u201ceconomic\u201d one, Al Mal\u2019s source in parliament said the reshuffle will only encompass seven positions but will include the investment minister and the trade and\u2026","rel":"","context":"In &quot;What We\u2019re Tracking This Week&quot;","block_context":{"text":"What We\u2019re Tracking This Week","link":"https:\/\/enterpriseam.com\/egypt\/category\/what-were-tracking-this-week\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]}],"_links":{"self":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/652771","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/comments?post=652771"}],"version-history":[{"count":0,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/652771\/revisions"}],"acf:post":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/issue\/652738"}],"wp:attachment":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media?parent=652771"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/categories?post=652771"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/tags?post=652771"},{"taxonomy":"brand","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/brand?post=652771"},{"taxonomy":"newspack_spnsrs_tax","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/newspack_spnsrs_tax?post=652771"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}