Ahli United Bank Opens EGP1.5bn Letters of Credit for Petroleum Sector
Ahli United Bank (AUB) has opened letters of credit worth EGP1.5 billion within the first 8 months of the current…
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Petroleum Sector
NBE Considering New Finance for Petroleum Sector worth EGP700mn
An official Banking source revealed that the National Bank of Egypt (NBE) is considering financing EGP200 million…
C. Bank Says Net Inflow of FDI Up US$2.8 in 3 Months
The latest reports of the Central Bank of Egypt (CBE) showed that the Foreign direct investments (FDI) in Egypt…
Egypt Sees 1800 Mln Cubic Feet of Natural Gas by 2014-end
Minister of Petroleum and Mineral Resources Sherif Ismail said there are challenges which faced by the petroleum…
AUB Opens $1 bln Letters of Credit for Petroleum Sector
The total letters of credit, which the Ahli United Bank (AUB) opened for petroleum sector reached about $1 billion…
Ahli United Bank Approves New Letter of Credit worth $115 mln
Ahli United Bank (AUB) has agreed to open new letter of Credit worth $115million for one of the most companies…
Islamic Development Bank Grants Egypt US$300 Mln
Dr. Amr Darrag, Egyptian Minister of Planning and International Cooperation, stated that the government has signed…
CBE: Foreign Direct Investments Hit $200 mln In 9 Months
The volume of the foreign direct investment (FDI) reached $ 200 million throughout the period from June to March;…
Ahli United Bank To Open L/C Worth US$ 600 Mln
Ahli United Bank has agreed to open Letter of Credit and Letter of Guarantee worth US$ 600 million to companies…
AMIG Insurance: EGP 12 Mln Targeted Premiums In Petroleum, June-End
Adel Hegazy, General Manager of Accident and Petroleum Insurance Sector at AMIG, has revealed that AMIG eyes to…
