Saudi Aramco Asks Banks for IPO Roles
Saudi Aramco has recently asked major banks to submit proposals for potential roles in its planned initial public offering (IPO).
banks | Egypt Oil & Gas
AMOC Agrees Financing for Refinery Project
The Alexandria Mineral Oils Company (AMOC) has reached an agreement with five financial organisations to fund its $500 million refinery project.
Three Companies Make It to FiT phase(1)
The Egyptian Electricity Holding Company chief ,Eng. Gaber El Dessouky, said that three companies out of nine made the cut for phase one of FiT program.
Egypt’s GPC to Borrow EGP2b for Oil, Gas Exploration
Egypt’s General Petroleum Company (GPC) has addressed some banks operating in the local market to obtain a loan worth EGP 2b to finance oil and gas exploration and drilling operations.
Angola Driving Ahead with Eurobond Plan as Oil Prices Falls
Angola's Finance Minister announced that his country will meet with investors in the US and Europe starting October 26 to promote its first Eurobond sale
ADIB and Banque Misr Partner for $105m EGPC Loan
Abu Dhabi Islamic Bank is spearheading an effort with Bank Misr to lend Egypt’s EGPC $105m.
Bahrain Subsidies Hit by Oil Prices
Bahrain more than doubled the prices of beef and chicken, removing meat subsidies to save money as low oil prices squeeze government's revenues
African Bank Head Says Electricity to Power Continent’s Industrialization
Akinwumi Adesina, the new president of the African Development Bank, declared that Africa should push to achieve universal access to electricity within a decade
Iraq Investment Rating Daunts International Bond Plans
A source informed Bloomberg that the Iraqi government has mandated Citigroup Inc., Deutsche Bank AG, and JPMorgan Chase & Co. to organize meetings to help launch the country’s planned $6b international bond program, ...
