Sisi’s Government Clings to Debt to Pull Egypt’s Oil & Gas from The Brink
The Egyptian General Petroleum Corporation (EGPC), the country’s state-owned oil company, is in the market for a…
Browsing Tag
EGPC
Egypt: Dues Owed to Foreign Oil Firms Hike to $6.3bn at End-July
Dues owed to foreign oil companies operating in Egypt have surged by US$ 400 million by end of last July to US$6.3…
ENPPI Eyes Boosting Businesses in Saudi Arabia by 2015
Egypt's Engineering for the Petroleum and Process Industries (ENPPI) is targeting increasing its volume of…
Arab Contractors Implements New Road Projects worth EGP2bn in Egypt
Egypt's leading construction firm, Arab Contractors Company (AC) has awarded the implementation of 400 km length of…
Egypt Eyes Borrowing from Morgan Stanley, JP Morgan to Repay Oil Debts
Egypt is in talks with Morgan Stanley and J.P. Morgan alongside other Arab and local banks, aiming to repay debts…
EGPC Tracking Distribution Of Fuel Through GPS To Prevent Smuggling
GPS tracking devices have been placed in cars and other transportation vehicles involved in the distribution of…
Banque Du Caire Says ok to Grant US$55mn Finance for EDC
Banque Du Caire approved to finance US$55million in favor of Egyptian Drilling Company (EDC) for financing…
Egypt to Pay off All Arrears to Foreign Oil Firms by 2017
The Egyptian government has reached an agreement with foreign oil firms to pay off all of its arrears by 2017…
NBE Granted EGP40bln Finance to Petroleum Sector in FY13/14
National Bank of Egypt (NBE)'s total finance value for petroleum sector reached around EGP40 billion within the…
Egypt to Get US$1.4bln Petroleum Aids from Gulf Countries
Egypt is schedule to obtain US$1.4 billion petroleum aids from the Gulf countries within the current month against…