{"id":323439,"date":"2021-09-22T10:03:40","date_gmt":"2021-09-22T10:03:40","guid":{"rendered":"https:\/\/egy-africa.com\/en\/?p=323439"},"modified":"2021-09-23T10:08:24","modified_gmt":"2021-09-23T10:08:24","slug":"saudi-stc-seeks-1-1-bln-loan-for-vodafone-egypt-deal","status":"publish","type":"post","link":"https:\/\/egy-africa.com\/en\/2021\/09\/22\/saudi-stc-seeks-1-1-bln-loan-for-vodafone-egypt-deal\/","title":{"rendered":"Saudi STC seeks $1.1 bln loan for Vodafone Egypt deal"},"content":{"rendered":"<p>Saudi Telecom Co (STC) seems to have resumed talks with Vodafone to buy its stake in Vodafone Egypt as the Saudi teleco is seeking a$1.1 billion loan to proceed with the deal, according to Telecom Egypt.<\/p>\n<p>The Egyptian telecom operator said that it has not been informed of any details regarding the matter, according to a statement to the Egyptian Exchange (EGX) on Wednesday.<\/p>\n<p>STC, the kingdom\u2019s biggest telecom operator, had signed a preliminary deal in January 2020 with Vodafone $2.4 billion sale of its 55 percent shareholding in Vodafone Egypt. However, the London-listed telecoms company announced later in December that it had ended the talks with STC after a series of missed deadlines to complete the deal.<\/p>\n<p>The Saudi teleco at the time cited coronavirus-driven logistical challenges to seek extension twices to the initial agreement, first in April and then in July.<\/p>\n<h1 class=\"single-post-title\"><span class=\"post-title\">\u00a0<\/span><\/h1>\n","protected":false},"excerpt":{"rendered":"<p>Saudi Telecom Co (STC) seems to have resumed talks with Vodafone to buy its stake in Vodafone Egypt as the Saudi teleco is seeking a$1.1 billion loan to proceed with the deal, according to Telecom Egypt.<\/p>\n","protected":false},"author":4,"featured_media":320077,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[33,21],"tags":[109],"class_list":["post-323439","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-main","category-news","tag-vodafone-egypt"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v24.3 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Saudi STC seeks $1.1 bln loan for Vodafone Egypt deal - egy-africa<\/title>\n<meta name=\"description\" content=\"Saudi Telecom Co (STC) seems to have resumed talks with Vodafone to buy its stake in Vodafone Egypt as the Saudi teleco is seeking a$1.1 billion loan to proceed with the deal, according to Telecom Egypt.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/egy-africa.com\/en\/2021\/09\/22\/saudi-stc-seeks-1-1-bln-loan-for-vodafone-egypt-deal\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Saudi STC seeks $1.1 bln loan for Vodafone Egypt deal - egy-africa\" \/>\n<meta property=\"og:description\" content=\"Saudi Telecom Co (STC) seems to have resumed talks with Vodafone to buy its stake in Vodafone Egypt as the Saudi teleco is seeking a$1.1 billion loan to proceed with the deal, according to Telecom Egypt.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/egy-africa.com\/en\/2021\/09\/22\/saudi-stc-seeks-1-1-bln-loan-for-vodafone-egypt-deal\/\" \/>\n<meta property=\"og:site_name\" content=\"egy-africa\" \/>\n<meta property=\"article:published_time\" content=\"2021-09-22T10:03:40+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2021-09-23T10:08:24+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/i0.wp.com\/egy-africa.com\/en\/wp-content\/uploads\/2020\/12\/vodafone.jpg?fit=750%2C430&ssl=1\" \/>\n\t<meta property=\"og:image:width\" content=\"750\" \/>\n\t<meta property=\"og:image:height\" content=\"430\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Aya Abdulghany\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Aya Abdulghany\" \/>\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\":\"WebPage\",\"@id\":\"https:\/\/egy-africa.com\/en\/2021\/09\/22\/saudi-stc-seeks-1-1-bln-loan-for-vodafone-egypt-deal\/\",\"url\":\"https:\/\/egy-africa.com\/en\/2021\/09\/22\/saudi-stc-seeks-1-1-bln-loan-for-vodafone-egypt-deal\/\",\"name\":\"Saudi STC seeks $1.1 bln loan for Vodafone Egypt deal - egy-africa\",\"isPartOf\":{\"@id\":\"https:\/\/egy-africa.com\/en\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/egy-africa.com\/en\/2021\/09\/22\/saudi-stc-seeks-1-1-bln-loan-for-vodafone-egypt-deal\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/egy-africa.com\/en\/2021\/09\/22\/saudi-stc-seeks-1-1-bln-loan-for-vodafone-egypt-deal\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/i0.wp.com\/egy-africa.com\/en\/wp-content\/uploads\/2020\/12\/vodafone.jpg?fit=750%2C430&ssl=1\",\"datePublished\":\"2021-09-22T10:03:40+00:00\",\"dateModified\":\"2021-09-23T10:08:24+00:00\",\"author\":{\"@id\":\"https:\/\/egy-africa.com\/en\/#\/schema\/person\/b6ceac9edb8a4f4971905ea65a568131\"},\"description\":\"Saudi Telecom Co (STC) seems to have resumed talks with Vodafone to buy its stake in Vodafone Egypt as the Saudi teleco is seeking a$1.1 billion loan to proceed with the deal, according to Telecom Egypt.\",\"breadcrumb\":{\"@id\":\"https:\/\/egy-africa.com\/en\/2021\/09\/22\/saudi-stc-seeks-1-1-bln-loan-for-vodafone-egypt-deal\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/egy-africa.com\/en\/2021\/09\/22\/saudi-stc-seeks-1-1-bln-loan-for-vodafone-egypt-deal\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/egy-africa.com\/en\/2021\/09\/22\/saudi-stc-seeks-1-1-bln-loan-for-vodafone-egypt-deal\/#primaryimage\",\"url\":\"https:\/\/i0.wp.com\/egy-africa.com\/en\/wp-content\/uploads\/2020\/12\/vodafone.jpg?fit=750%2C430&ssl=1\",\"contentUrl\":\"https:\/\/i0.wp.com\/egy-africa.com\/en\/wp-content\/uploads\/2020\/12\/vodafone.jpg?fit=750%2C430&ssl=1\",\"width\":750,\"height\":430},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/egy-africa.com\/en\/2021\/09\/22\/saudi-stc-seeks-1-1-bln-loan-for-vodafone-egypt-deal\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/egy-africa.com\/en\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Saudi STC seeks $1.1 bln loan for Vodafone Egypt deal\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/egy-africa.com\/en\/#website\",\"url\":\"https:\/\/egy-africa.com\/en\/\",\"name\":\"egy-africa\",\"description\":\"Just another WordPress site\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/egy-africa.com\/en\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Person\",\"@id\":\"https:\/\/egy-africa.com\/en\/#\/schema\/person\/b6ceac9edb8a4f4971905ea65a568131\",\"name\":\"Aya Abdulghany\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/egy-africa.com\/en\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/f3d34a871038964ff1f9085ae2941bc2?s=96&d=mm&r=g\",\"contentUrl\":\"https:\/\/secure.gravatar.com\/avatar\/f3d34a871038964ff1f9085ae2941bc2?s=96&d=mm&r=g\",\"caption\":\"Aya Abdulghany\"},\"sameAs\":[\"http:\/\/egy-africa.com\",\"mohamed nour\"],\"url\":\"https:\/\/egy-africa.com\/en\/author\/aya-abdulghany\/\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"Saudi STC seeks $1.1 bln loan for Vodafone Egypt deal - egy-africa","description":"Saudi Telecom Co (STC) seems to have resumed talks with Vodafone to buy its stake in Vodafone Egypt as the Saudi teleco is seeking a$1.1 billion loan to proceed with the deal, according to Telecom 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:\/\/egy-africa.com\/en\/2021\/09\/22\/saudi-stc-seeks-1-1-bln-loan-for-vodafone-egypt-deal\/","og_locale":"en_US","og_type":"article","og_title":"Saudi STC seeks $1.1 bln loan for Vodafone Egypt deal - egy-africa","og_description":"Saudi Telecom Co (STC) seems to have resumed talks with Vodafone to buy its stake in Vodafone Egypt as the Saudi teleco is seeking a$1.1 billion loan to proceed with the deal, according to Telecom Egypt.","og_url":"https:\/\/egy-africa.com\/en\/2021\/09\/22\/saudi-stc-seeks-1-1-bln-loan-for-vodafone-egypt-deal\/","og_site_name":"egy-africa","article_published_time":"2021-09-22T10:03:40+00:00","article_modified_time":"2021-09-23T10:08:24+00:00","og_image":[{"width":750,"height":430,"url":"https:\/\/i0.wp.com\/egy-africa.com\/en\/wp-content\/uploads\/2020\/12\/vodafone.jpg?fit=750%2C430&ssl=1","type":"image\/jpeg"}],"author":"Aya Abdulghany","twitter_card":"summary_large_image","twitter_misc":{"Written by":"Aya Abdulghany","Est. reading time":"1 minute"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"WebPage","@id":"https:\/\/egy-africa.com\/en\/2021\/09\/22\/saudi-stc-seeks-1-1-bln-loan-for-vodafone-egypt-deal\/","url":"https:\/\/egy-africa.com\/en\/2021\/09\/22\/saudi-stc-seeks-1-1-bln-loan-for-vodafone-egypt-deal\/","name":"Saudi STC seeks $1.1 bln loan for Vodafone Egypt deal - egy-africa","isPartOf":{"@id":"https:\/\/egy-africa.com\/en\/#website"},"primaryImageOfPage":{"@id":"https:\/\/egy-africa.com\/en\/2021\/09\/22\/saudi-stc-seeks-1-1-bln-loan-for-vodafone-egypt-deal\/#primaryimage"},"image":{"@id":"https:\/\/egy-africa.com\/en\/2021\/09\/22\/saudi-stc-seeks-1-1-bln-loan-for-vodafone-egypt-deal\/#primaryimage"},"thumbnailUrl":"https:\/\/i0.wp.com\/egy-africa.com\/en\/wp-content\/uploads\/2020\/12\/vodafone.jpg?fit=750%2C430&ssl=1","datePublished":"2021-09-22T10:03:40+00:00","dateModified":"2021-09-23T10:08:24+00:00","author":{"@id":"https:\/\/egy-africa.com\/en\/#\/schema\/person\/b6ceac9edb8a4f4971905ea65a568131"},"description":"Saudi Telecom Co (STC) seems to have resumed talks with Vodafone to buy its stake in Vodafone Egypt as the Saudi teleco is seeking a$1.1 billion loan to proceed with the deal, according to Telecom Egypt.","breadcrumb":{"@id":"https:\/\/egy-africa.com\/en\/2021\/09\/22\/saudi-stc-seeks-1-1-bln-loan-for-vodafone-egypt-deal\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/egy-africa.com\/en\/2021\/09\/22\/saudi-stc-seeks-1-1-bln-loan-for-vodafone-egypt-deal\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/egy-africa.com\/en\/2021\/09\/22\/saudi-stc-seeks-1-1-bln-loan-for-vodafone-egypt-deal\/#primaryimage","url":"https:\/\/i0.wp.com\/egy-africa.com\/en\/wp-content\/uploads\/2020\/12\/vodafone.jpg?fit=750%2C430&ssl=1","contentUrl":"https:\/\/i0.wp.com\/egy-africa.com\/en\/wp-content\/uploads\/2020\/12\/vodafone.jpg?fit=750%2C430&ssl=1","width":750,"height":430},{"@type":"BreadcrumbList","@id":"https:\/\/egy-africa.com\/en\/2021\/09\/22\/saudi-stc-seeks-1-1-bln-loan-for-vodafone-egypt-deal\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/egy-africa.com\/en\/"},{"@type":"ListItem","position":2,"name":"Saudi STC seeks $1.1 bln loan for Vodafone Egypt deal"}]},{"@type":"WebSite","@id":"https:\/\/egy-africa.com\/en\/#website","url":"https:\/\/egy-africa.com\/en\/","name":"egy-africa","description":"Just another WordPress site","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/egy-africa.com\/en\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Person","@id":"https:\/\/egy-africa.com\/en\/#\/schema\/person\/b6ceac9edb8a4f4971905ea65a568131","name":"Aya Abdulghany","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/egy-africa.com\/en\/#\/schema\/person\/image\/","url":"https:\/\/secure.gravatar.com\/avatar\/f3d34a871038964ff1f9085ae2941bc2?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/f3d34a871038964ff1f9085ae2941bc2?s=96&d=mm&r=g","caption":"Aya Abdulghany"},"sameAs":["http:\/\/egy-africa.com","mohamed nour"],"url":"https:\/\/egy-africa.com\/en\/author\/aya-abdulghany\/"}]}},"jetpack_sharing_enabled":true,"jetpack_featured_media_url":"https:\/\/i0.wp.com\/egy-africa.com\/en\/wp-content\/uploads\/2020\/12\/vodafone.jpg?fit=750%2C430&ssl=1","jetpack_shortlink":"https:\/\/wp.me\/pcF3XZ-1m8L","_links":{"self":[{"href":"https:\/\/egy-africa.com\/en\/wp-json\/wp\/v2\/posts\/323439","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/egy-africa.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/egy-africa.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/egy-africa.com\/en\/wp-json\/wp\/v2\/users\/4"}],"replies":[{"embeddable":true,"href":"https:\/\/egy-africa.com\/en\/wp-json\/wp\/v2\/comments?post=323439"}],"version-history":[{"count":1,"href":"https:\/\/egy-africa.com\/en\/wp-json\/wp\/v2\/posts\/323439\/revisions"}],"predecessor-version":[{"id":323440,"href":"https:\/\/egy-africa.com\/en\/wp-json\/wp\/v2\/posts\/323439\/revisions\/323440"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/egy-africa.com\/en\/wp-json\/wp\/v2\/media\/320077"}],"wp:attachment":[{"href":"https:\/\/egy-africa.com\/en\/wp-json\/wp\/v2\/media?parent=323439"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/egy-africa.com\/en\/wp-json\/wp\/v2\/categories?post=323439"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/egy-africa.com\/en\/wp-json\/wp\/v2\/tags?post=323439"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}