Islamic Development Bank Grants Egypt US$300 Mln
Dr. Amr Darrag, Egyptian Minister of Planning and International Cooperation, stated that the government has signed…
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Petroleum Sector
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…
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…
Petroleum Ministry Refutes Exiting Foreign Companies From Egyptian Market
Eng. Mahmoud Nazim, First Under-secretary of the Ministry of Petroleum, said the ministry hasn't received any…
NBE In Talks With Petroleum Company Over US$ 15 Mln Loan
The Egyptian Petroleum Development Company will start new programs for implementing plans to meet the requirements…
Banque Misr Issued LCs Worth US$ 500 Mln For EGPC
Banque Misr issued letters of credit (LCs) worth US$ 500 million for the Egyptian General Petroleum Corporation…
Financing Petroleum Sector Through Issuing Bonds Is A Must: Banque Misr’s Younes
Issuing bonds for the Egyptian General Petroleum Corporation (EGPC) will highly contribute to providing liquidity…
NBE Offers To Finance EGPC Through Issuing Bonds
The National Bank of Egypt (NBE) has submitted an offer to the Egyptian General Petroleum Corporation (EGPC)…