National Bank of Egypt signs $100 mln with SUMED
Egypt’s biggest public lender, National Bank of Egypt (NBE) has signed Wednesday a $100 million loan with Arab…
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SUMED
SUMED to build $350mn-pier in Egypt’s Ain Sukhna
Egypt's Arab Petroleum Pipelines Company (SUMED) is preparing to establish new pier in Ain Sukhna, Suez governorate…
Iran’s oil return to boost SUMED volumes says Egypt’s petroleum minister
Egypt anticipates a ramp-up in oil volumes through the SUMED pipeline once Iran re-enters the world market - a move…
NBE Opens US$240mn Letters of Credit to Ship 2 million Barrels of Oil from Kuwait
National Bank of Egypt (NBE) has approved to open letters of credit worth US$240 million in favor of Egyptian…