Banque Du Caire, 11 Banks Secure EGP3 bn Loan for Petroleum Sector
Banque Du Caire S.A.E. along with 11 banks signed on Monday financing contracts worth EGP3 billion (around $431…
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egyptian general petroleum corporation
In 7 Months, NBE Granted EGPC LCs Totaled $693 mln
The National Bank of Egypt (NBE) granted over the last 7 months the state-owned Egyptian General Petroleum…
SAIB Says to Inject EGP1.54 bln in SMEs within 2014
Société Arabe Internationale de Banque (SAIB) is planning to inject new finances worth EGP 1.5 billion in the SMEs…
With Participation of 12 Banks, SAIB Leads Arrangement of EGPC’s EGP2bn Loan
Société Arabe Internationale de Banque (SAIB) has signed on Tuesday the long-awaited agreement to arrange, manage…
Egypt Says to Complete $1.5 bln Payment to Oil Firms This Week
Egypt will complete payment this week of $1.5 billion of the $6.3 billion it says it owes oil firms, a state…
Petroleum Signs $ 22.5 mln Agreement for exploration in Suez Gulf
Egypt's Minister of Petroleum & Minerals, Eng. Sherif Ismail has signed new petroleum agreement for the…
Four Egyptian Banks Competing to Arrange $1bln Loan for EGPC
The four banks which are operating in the banking sector including the National Bank of Egypt (NBE), Banque Misr,…
Egypt to Start Paying Foreign Oil Firms by Year End-EGPC
Egypt will begin repaying the more than $6 billion it owes to foreign oil companies within two months, the chairman…
Banque Du Caire Issues $60 Mln Letters of Credit For Crude Oil
Banque Du Caire has approved to provide $60 million letters of credit for the Egyptian General Petroleum…
Egypt To Import 900,000 Barrels Per Month From Libya
The Egyptian General Petroleum Corporation have announced their plans to import 900,000 barrels of oil per month,…
