{"id":657147,"date":"2024-12-16T00:00:00","date_gmt":"2024-12-16T00:00:00","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2024\/12\/16\/egyptian-lenders-back-bns-in-energy-and-port-expansion-loans\/"},"modified":"2024-12-16T00:00:00","modified_gmt":"2024-12-16T00:00:00","slug":"egyptian-lenders-back-bns-in-energy-and-port-expansion-loans","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2024\/12\/16\/egyptian-lenders-back-bns-in-energy-and-port-expansion-loans\/","title":{"rendered":"Egyptian lenders back bns in energy and port expansion loans"},"content":{"rendered":"<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>A busy day for debt news<\/strong>, with EGP bns of loans announced to fund energy and infrastructure projects.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\">(<strong>Tap or click the headline above to read this story with all of the links <\/strong>to our background as well as external sources.)<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>#1- Cheiron secures USD 80 mn to fuel exploration operations:<\/strong> Local energy giant Cheiron Energy secured central bank approval for a USD 80 mn syndicated loan, arranged by the National Bank of Egypt (NBE), Banque Misr, Banque du Caire, Al Baraka Bank, and the Arab International Bank, <a target=\"_blank\" href=\"https:\/\/www.shorouknews.com\/news\/view.aspx?cdate=14122024&id=3a6eb460-235a-4b67-b080-fb086f48e4af\" style=\"\" rel=\"noopener\">Shorouk News<\/a> reports. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>The loan will fund Cheiron\u2019s exploration activities<\/strong>, in line with its plan to ramp up production by 20% in 2025.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>#2- Petrotrade lands EGP 8 bn loan to fund energy imports:<\/strong> A five-bank syndicate has approved an EGP 8 bn loan for state-owned Petrotrade to fund the import of petroleum products for the Egyptian General Petroleum Corporation (EGPC), <a target=\"_blank\" href=\"https:\/\/www.shorouknews.com\/news\/view.aspx?cdate=14122024&id=8a87e901-f0f3-45fd-8ff3-0c6d77d505e0\" style=\"\" rel=\"noopener\">Shorouk News<\/a> reported, citing sources with knowledge of the transaction.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>The details:<\/strong> The syndicate \u2014 which includes NBE, Banque Misr, Banque du Caire, AAIB, and Qatar National Bank \u2014 is expected to finalize the loan agreement before year-end.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>#3- Abu Qir Port expansion gets EGP 2.8 bn boost: <\/strong>Gharably Integrated Engineering Company (GIEC) secured a EGP 2.8 bn syndicated loan to fund the Abu Qir Port expansions, <a target=\"_blank\" href=\"https:\/\/www.shorouknews.com\/news\/view.aspx?cdate=14122024&id=26a1ff0d-402e-4103-a0b5-1682b19c3be2\" style=\"\" rel=\"noopener\">Shorouk News<\/a> reported. The loan was managed by NBE, with participation from Banque Misr, Banque du Caire, CIB, and Bank NXT and is expected to close by 1Q 2025.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>The fresh funds will cover additional works after revisions increased the project\u2019s total <\/strong><strong>investment <\/strong>from EGP 19 bn to 28 bn and extended its timeline by 30 months. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>#4- Damietta Port Authority secures EGP 1.3 bn, long-term loan from the Suez Canal <\/strong><strong>Bank<\/strong> to fund the development and expansion of the port, <a target=\"_blank\" href=\"https:\/\/almalnews.com\/premium\/1-3-%d9%85%d9%84%d9%8a%d8%a7%d8%b1-%d8%ac%d9%86%d9%8a%d9%87-%d9%82%d8%b1%d8%b6-%d9%85%d9%86-%d8%a8%d9%86%d9%83-%d9%82%d9%86%d8%a7%d8%a9-%d8%a7%d9%84%d8%b3%d9%88%d9%8a%d8%b3-%d9%84%d9%80\/\" style=\"\" rel=\"noopener\">Al Ma<\/a><a target=\"_blank\" href=\"https:\/\/almalnews.com\/premium\/1-3-%d9%85%d9%84%d9%8a%d8%a7%d8%b1-%d8%ac%d9%86%d9%8a%d9%87-%d9%82%d8%b1%d8%b6-%d9%85%d9%86-%d8%a8%d9%86%d9%83-%d9%82%d9%86%d8%a7%d8%a9-%d8%a7%d9%84%d8%b3%d9%88%d9%8a%d8%b3-%d9%84%d9%80\/\" style=\"\" rel=\"noopener\">l<\/a> reports citing unnamed sources in the know. <\/p>\n","protected":false},"excerpt":{"rendered":"<p>Cheiron Energy secured central bank approval for a USD 80 mn syndicated loan to expand operations<\/p>\n","protected":false},"author":1,"featured_media":657148,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","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":[7274],"tags":[88,93,72,7111],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-657147","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-debt-watch","tag-debt-watch","tag-energy","tag-enterpriseam","tag-infrastructure","wpautop","entry"],"acf":{"mongo_id":"22769779-bcc2-486e-ba15-39fc7f85f3f3","order":"11","is_powered_by":false,"story_type":"1","photo_url":"https:\/\/ent.news\/2024\/10\/1023.jpg","photo_position":"above","homepage_title":"","full_issue_title":"Egyptian lenders back bns in energy and port expansion loans","related_issue":[657128],"teaser":"Cheiron Energy secured central bank approval for a USD 80 mn syndicated loan to expand operations","voice_url":"https:\/\/s3.us-east-1.amazonaws.com\/ent.news\/audio\/2024\/12\/.ffcddf24-cd72-4aa0-8354-84c56bc0c73e.mp3"},"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>Egyptian lenders back bns in energy and port expansion loans - 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\/2024\/12\/16\/egyptian-lenders-back-bns-in-energy-and-port-expansion-loans\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Egyptian lenders back bns in energy and port expansion loans\" \/>\n<meta property=\"og:description\" content=\"Cheiron Energy secured central bank approval for a USD 80 mn syndicated loan to expand operations\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2024\/12\/16\/egyptian-lenders-back-bns-in-energy-and-port-expansion-loans\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2024-12-16T00:00:00+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/i0.wp.com\/ent.news\/2024\/10\/1023.jpg?fit=%2C&ssl=1\" \/>\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\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2024\/12\/16\/egyptian-lenders-back-bns-in-energy-and-port-expansion-loans\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2024\/12\/16\/egyptian-lenders-back-bns-in-energy-and-port-expansion-loans\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"Egyptian lenders back bns in energy and port expansion loans\",\"datePublished\":\"2024-12-16T00:00:00+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2024\/12\/16\/egyptian-lenders-back-bns-in-energy-and-port-expansion-loans\/\"},\"wordCount\":304,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"image\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2024\/12\/16\/egyptian-lenders-back-bns-in-energy-and-port-expansion-loans\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/i0.wp.com\/ent.news\/2024\/10\/1023.jpg?fit=%2C&ssl=1\",\"keywords\":[\"debt watch\",\"energy\",\"EnterpriseAM\",\"infrastructure\"],\"articleSection\":[\"DEBT WATCH\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2024\/12\/16\/egyptian-lenders-back-bns-in-energy-and-port-expansion-loans\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2024\/12\/16\/egyptian-lenders-back-bns-in-energy-and-port-expansion-loans\/\",\"name\":\"Egyptian lenders back bns in energy and port expansion loans - EnterpriseAM Egypt\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2024\/12\/16\/egyptian-lenders-back-bns-in-energy-and-port-expansion-loans\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2024\/12\/16\/egyptian-lenders-back-bns-in-energy-and-port-expansion-loans\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/i0.wp.com\/ent.news\/2024\/10\/1023.jpg?fit=%2C&ssl=1\",\"datePublished\":\"2024-12-16T00:00:00+00:00\",\"breadcrumb\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2024\/12\/16\/egyptian-lenders-back-bns-in-energy-and-port-expansion-loans\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/enterpriseam.com\/egypt\/2024\/12\/16\/egyptian-lenders-back-bns-in-energy-and-port-expansion-loans\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2024\/12\/16\/egyptian-lenders-back-bns-in-energy-and-port-expansion-loans\/#primaryimage\",\"url\":\"https:\/\/i0.wp.com\/ent.news\/2024\/10\/1023.jpg?fit=%2C&ssl=1\",\"contentUrl\":\"https:\/\/i0.wp.com\/ent.news\/2024\/10\/1023.jpg?fit=%2C&ssl=1\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2024\/12\/16\/egyptian-lenders-back-bns-in-energy-and-port-expansion-loans\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/enterpriseam.com\/egypt\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Egyptian lenders back bns in energy and port expansion loans\"}]},{\"@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":"Egyptian lenders back bns in energy and port expansion loans - 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\/2024\/12\/16\/egyptian-lenders-back-bns-in-energy-and-port-expansion-loans\/","og_locale":"en_US","og_type":"article","og_title":"Egyptian lenders back bns in energy and port expansion loans","og_description":"Cheiron Energy secured central bank approval for a USD 80 mn syndicated loan to expand operations","og_url":"https:\/\/enterpriseam.com\/egypt\/2024\/12\/16\/egyptian-lenders-back-bns-in-energy-and-port-expansion-loans\/","og_site_name":"EnterpriseAM Egypt","article_published_time":"2024-12-16T00:00:00+00:00","og_image":[{"url":"https:\/\/i0.wp.com\/ent.news\/2024\/10\/1023.jpg?fit=%2C&ssl=1","type":"","width":"","height":""}],"author":"enterpriseam admin","twitter_card":"summary_large_image","twitter_misc":{"Written by":"enterpriseam admin","Est. reading time":"1 minute"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/enterpriseam.com\/egypt\/2024\/12\/16\/egyptian-lenders-back-bns-in-energy-and-port-expansion-loans\/#article","isPartOf":{"@id":"https:\/\/enterpriseam.com\/egypt\/2024\/12\/16\/egyptian-lenders-back-bns-in-energy-and-port-expansion-loans\/"},"author":{"name":"enterpriseam admin","@id":"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d"},"headline":"Egyptian lenders back bns in energy and port expansion loans","datePublished":"2024-12-16T00:00:00+00:00","mainEntityOfPage":{"@id":"https:\/\/enterpriseam.com\/egypt\/2024\/12\/16\/egyptian-lenders-back-bns-in-energy-and-port-expansion-loans\/"},"wordCount":304,"publisher":{"@id":"https:\/\/enterpriseam.com\/egypt\/#organization"},"image":{"@id":"https:\/\/enterpriseam.com\/egypt\/2024\/12\/16\/egyptian-lenders-back-bns-in-energy-and-port-expansion-loans\/#primaryimage"},"thumbnailUrl":"https:\/\/i0.wp.com\/ent.news\/2024\/10\/1023.jpg?fit=%2C&ssl=1","keywords":["debt watch","energy","EnterpriseAM","infrastructure"],"articleSection":["DEBT WATCH"],"inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/enterpriseam.com\/egypt\/2024\/12\/16\/egyptian-lenders-back-bns-in-energy-and-port-expansion-loans\/","url":"https:\/\/enterpriseam.com\/egypt\/2024\/12\/16\/egyptian-lenders-back-bns-in-energy-and-port-expansion-loans\/","name":"Egyptian lenders back bns in energy and port expansion loans - EnterpriseAM Egypt","isPartOf":{"@id":"https:\/\/enterpriseam.com\/egypt\/#website"},"primaryImageOfPage":{"@id":"https:\/\/enterpriseam.com\/egypt\/2024\/12\/16\/egyptian-lenders-back-bns-in-energy-and-port-expansion-loans\/#primaryimage"},"image":{"@id":"https:\/\/enterpriseam.com\/egypt\/2024\/12\/16\/egyptian-lenders-back-bns-in-energy-and-port-expansion-loans\/#primaryimage"},"thumbnailUrl":"https:\/\/i0.wp.com\/ent.news\/2024\/10\/1023.jpg?fit=%2C&ssl=1","datePublished":"2024-12-16T00:00:00+00:00","breadcrumb":{"@id":"https:\/\/enterpriseam.com\/egypt\/2024\/12\/16\/egyptian-lenders-back-bns-in-energy-and-port-expansion-loans\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/enterpriseam.com\/egypt\/2024\/12\/16\/egyptian-lenders-back-bns-in-energy-and-port-expansion-loans\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/enterpriseam.com\/egypt\/2024\/12\/16\/egyptian-lenders-back-bns-in-energy-and-port-expansion-loans\/#primaryimage","url":"https:\/\/i0.wp.com\/ent.news\/2024\/10\/1023.jpg?fit=%2C&ssl=1","contentUrl":"https:\/\/i0.wp.com\/ent.news\/2024\/10\/1023.jpg?fit=%2C&ssl=1"},{"@type":"BreadcrumbList","@id":"https:\/\/enterpriseam.com\/egypt\/2024\/12\/16\/egyptian-lenders-back-bns-in-energy-and-port-expansion-loans\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/enterpriseam.com\/egypt\/"},{"@type":"ListItem","position":2,"name":"Egyptian lenders back bns in energy and port expansion loans"}]},{"@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\/"}]}},"featured_image_src":"https:\/\/i0.wp.com\/ent.news\/2024\/10\/1023.jpg?resize=600%2C400&ssl=1","featured_image_src_square":"https:\/\/i0.wp.com\/ent.news\/2024\/10\/1023.jpg?resize=600%2C600&ssl=1","author_info":{"display_name":"enterpriseam admin","author_link":"https:\/\/enterpriseam.com\/egypt\/author\/enterpriseam\/"},"jetpack_featured_media_url":"https:\/\/i0.wp.com\/ent.news\/2024\/10\/1023.jpg?fit=%2C&ssl=1","jetpack_sharing_enabled":true,"jetpack-related-posts":[{"id":660226,"url":"https:\/\/enterpriseam.com\/egypt\/2025\/02\/09\/cheiron-energy-secures-usd-75-mn-syndicated-loan\/","url_meta":{"origin":657147,"position":0},"title":"Cheiron Energy secures USD 75 mn syndicated loan","author":"enterpriseam admin","date":"9 February 2025","format":false,"excerpt":"PLUS- FRA raises maximum credit limit for micro enterprises","rel":"","context":"In &quot;Also on our Radar&quot;","block_context":{"text":"Also on our Radar","link":"https:\/\/enterpriseam.com\/egypt\/category\/also-on-our-radar\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2025\/2\/684.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":567650,"url":"https:\/\/enterpriseam.com\/egypt\/2020\/12\/02\/whos-in-the-market-for-debt-2\/","url_meta":{"origin":657147,"position":1},"title":"Who\u2019s in the market for debt?","author":"enterpriseam admin","date":"2 December 2020","format":false,"excerpt":"Banque du Caire is getting USD 30 mn in tier-two capital under a financing agreement with German development bank KfW\u2019s Sanad fund, Hapi journal reports. The facility, the final agreement for which Banque du Caire and Sanad signed yesterday, will be used for on-lending to SMEs and farmers. MEANWHILE- Ora\u2026","rel":"","context":"In &quot;DEBT WATCH&quot;","block_context":{"text":"DEBT WATCH","link":"https:\/\/enterpriseam.com\/egypt\/category\/debt-watch\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":542917,"url":"https:\/\/enterpriseam.com\/egypt\/2022\/01\/24\/cbe-grants-kfws-green-for-growth-fund-tier-two-debt-license\/","url_meta":{"origin":657147,"position":2},"title":"CBE grants KfW\u2019s Green for Growth Fund tier-two debt license","author":"enterpriseam admin","date":"24 January 2022","format":false,"excerpt":"German development bank KfW\u2019s Green for Growth Fund (GGF) now has a license from the Central Bank of Egypt (CBE) to act as a \u201ctier-two\u201d lender in Egypt, the fund announced in a press release (pdf) yesterday. The license will see GGF provide loans to Egyptian banks to help finance\u2026","rel":"","context":"In &quot;DEBT WATCH&quot;","block_context":{"text":"DEBT WATCH","link":"https:\/\/enterpriseam.com\/egypt\/category\/debt-watch\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2022\/1\/309.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":547706,"url":"https:\/\/enterpriseam.com\/egypt\/2022\/07\/04\/fab-europe-arab-bank-to-contribute-to-elsewedys-usd-150-mn-ifc-loan\/","url_meta":{"origin":657147,"position":3},"title":"FAB + Europe Arab Bank to contribute to Elsewedy\u2019s USD 150 mn IFC loan","author":"enterpriseam admin","date":"4 July 2022","format":false,"excerpt":"More details on the IFC\u2019s USD 150 mn loan to Elsewedy Electric: First Abu Dhabi Bank and Europe Arab Bank are participating in the USD 150 mn loan from the International Finance Corporation (IFC) to Elsewedy Electric, the IFC said in a statement (pdf) last week. Elsewedy will mainly direct\u2026","rel":"","context":"In &quot;DEBT WATCH&quot;","block_context":{"text":"DEBT WATCH","link":"https:\/\/enterpriseam.com\/egypt\/category\/debt-watch\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":546375,"url":"https:\/\/enterpriseam.com\/egypt\/2022\/05\/15\/canal-sugar-company-gets-egp-12-5-bn-syndicated-loan-for-sugar-beet-factory\/","url_meta":{"origin":657147,"position":4},"title":"Canal Sugar Company gets EGP 12.5 bn syndicated loan for sugar beet factory","author":"enterpriseam admin","date":"15 May 2022","format":false,"excerpt":"Canal Sugar Company has secured loans worth EGP 12.5 bn from a consortium of 10 banks led by the National Bank of Egypt (NBE) to help finance its USD 1 bnsugar beet processing facility in West Minya, according to a press release (pdf) from the NBE. A portion of the\u2026","rel":"","context":"In &quot;DEBT WATCH&quot;","block_context":{"text":"DEBT WATCH","link":"https:\/\/enterpriseam.com\/egypt\/category\/debt-watch\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2022\/5\/172.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":557152,"url":"https:\/\/enterpriseam.com\/egypt\/2021\/09\/08\/cairn-energy-expects-to-finalize-shell-egypt-acquisition-by-end-of-september\/","url_meta":{"origin":657147,"position":5},"title":"Cairn Energy expects to finalize Shell Egypt acquisition by end of September","author":"enterpriseam admin","date":"8 September 2021","format":false,"excerpt":"Cairn, Cheiron could replace Shell in the Western Desert before the month is out: Cairn Energy and partner Cheiron expect to finalize its takeover of Shell Egypt\u2019s onshore oil and gas assets by the end of September, Cairn said yesterday (pdf). The joint acquisition, which will see the assets split\u2026","rel":"","context":"In &quot;M&amp;A WATCH&quot;","block_context":{"text":"M&amp;A WATCH","link":"https:\/\/enterpriseam.com\/egypt\/category\/ma-watch\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2021\/9\/102.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]}],"_links":{"self":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/657147","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=657147"}],"version-history":[{"count":0,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/657147\/revisions"}],"acf:post":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/issue\/657128"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media\/657148"}],"wp:attachment":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media?parent=657147"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/categories?post=657147"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/tags?post=657147"},{"taxonomy":"brand","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/brand?post=657147"},{"taxonomy":"newspack_spnsrs_tax","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/newspack_spnsrs_tax?post=657147"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}