Oil minister: new refining projects in Egypt worth $7.7bn
Egyptian petroleum sector is currently executing new refining projects with investments estimated at US$7.7…
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Petroleum Sector
Petroleum Sector delivers Natural Gas to New Ismailia City
Egyptian petroleum sector has completed the delivery of natural gas to the New Ismailia City in line with the…
EGPC: Egypt to Import First Natural Gas Shipments by March
It will import the first natural gas shipments from abroad by the next March, stressing that there are 6 major…
Egypt’s Petroleum Minister Says EGP60bn Annual Energy Revenues
Egyptian Petroleum Minister Sherif Ismail said the volume of the country's revenues in energy sector don't exceeded…
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…
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…