French Banks to Finance MIDOR Refinery Expansion

• Tuesday, 5th January 2016
• by Egypt Oil & Gas

French banks, Credit Agricole and BNP Paribas will offer a $1.2b loan to expand Egypt’s MIDOR refinery, Ahram Online reports.  Oil Minister, Tarek El Molla told the paper that the loan would be guaranteed by the Itali...

NBE Loans to Electricity Sector Worth EGP39.4b over 5 Years

• Monday, 28th December 2015
• by Egypt Oil & Gas

The total amount of syndicated loans the National Bank of Egypt has made to the electricity sector over the past 5 years is approximately EGP39.4b, according to NBE Deputy Chairman, Mahmoud Montasser. Daily News Egypt...

National Petroleum Services of Dubai Secures $200 Million for Refinancing

• Monday, 16th February 2015
• by Egypt Oil & Gas

Dubai-based oilfield services firm National Petroleum Services (NPS) has secured a $200 million refinancing deal from a group of banks and financial institutions, Arab Petroleum Investments Corp (Apicorp), one of the ...