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…
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egyptian general petroleum corporation
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 $60 million letters of credit for the Egyptian General Petroleum…
Egypt To Import 900,000 Barrels Per Month From Libya
The Egyptian General Petroleum Corporation have announced their plans to import 900,000 barrels of oil per month,…
Citadels’ ERC Named Oil & Gas Deal Of The Year
Egyptian Refining Company, one of the largest oil and gas projects in Egypt and the region, stands as an example of…
NBE Offers EGPC US$ 192 Mln To Import Crude Petroleum From Kuwait
The National Bank of Egypt (NBE) has issued a letter of credit worth US$ 192 million for the Egyptian General…
EGPC Grants Local Banks Extension Till Mid-Feb To Present Funding Offers
The Egyptian General Petroleum Corporation (EGPC) has not received any offers from the National Bank of Egypt…