Banks Financing Petroleum Sector Through Issuing Bonds Is A Must: Banque Misr’s Younes Administrator Jul 12, 2012 0 Issuing bonds for the Egyptian General Petroleum Corporation (EGPC) will highly contribute to providing liquidity…
Banks NBE Offers To Finance EGPC Through Issuing Bonds Administrator Jul 12, 2012 0 The National Bank of Egypt (NBE) has submitted an offer to the Egyptian General Petroleum Corporation (EGPC)…
forex news BG Egypt Starts Gas Production From WDDM Phase 8b On June 27 Yomna Yasser Jul 4, 2012 0 BG Egypt started gas production from Phase 8b of its West Delta Deep Marine concession (WDDM) on June 27, the…
Banks Banks Retreat From Financing US$ 300 Mln LG For ERC Administrator Jun 21, 2012 0 The Egyptian Refining Company (ERC) seems to face financial problems after banks has retreated from financing the…
Indices news Citadel Capital Reafirms $2.6 Bln ERC Debt Package Yomna Yasser Jun 10, 2012 0 Citadel Capital (CCAP.CA) disclosed today that lenders have signed amended documentation reaffirming that a US$ 2.6…
forex news EGPC’s Shake-Up In Egypt Subsidies On Petroleum Products Yomna Yasser May 3, 2012 0 The Egyptian General Petroleum Corporation (EGPC) has made proposals to help the government cut LE35 billion ($5.8…
Banks CIB Studies Loan Offered To Egyptian Refining Company Administrator Apr 1, 2012 0 Commercial International Bank (CIB) studies participating in letters of credit (LC) and letters of guarantee (LG)…
Banks Banque Misr Studies Guarateeing Egyptian Refining By US$ 130 mln Administrator Mar 27, 2012 0 Banque Misr is currently studying the possibility of participating with US$ 130 mln in letters of guarantee (LG)…
Banks Egyptian Refining Negotiates With 7 Banks Over US$ 300 mln Administrator Mar 25, 2012 0 Egyptian Refining Company (ERC), a subsidiary of Citadel Capital, is negotiating with Egyptian banks over opening…
Industry & Trade Kuwait Energy makes new oil discovery in Abu Sennan concession in Western Desert, Egypt Administrator Mar 3, 2012 0 Kuwait Energy plc and their main partner, the Egyptian General Petroleum Corporation (EGPC), today announced a new…