MidElec Receives EUR 30 MM Loan

• Thursday, 7th May 2020
• by Editorial Team

A consortium of banks led by the National Bank of Egypt (NBE) will provide a long-term joint loan of EUR 30 million to Midor Electricity (MidElec) to boost the capacity of the power plant in the Middle East Oil Refine...

Midor Signs $1.2B Loan Agreement

• Wednesday, 31st October 2018
• by Sarah Samir

Middle East Oil Refinery (Midor) has signed the final contracts for a $1.2 billion syndicated loan from Italy’s CDP, France’s BNP Paribas, and Crédit Agricole, Egypt Oil & Gas reports. The agreement was sign...

MIDOR to Receive $1.2B from Banking Consortium

• Wednesday, 4th October 2017
• by Editorial Team

The Middle East Oil Refinery (MIDOR) will receive a $1.2 billion loan from Crédit Agricole, BNP Paribas, and Italian bank Cassa Depositi e Prestiti, a source at the Ministry of Petroleum told Al Shorouk. The loan will...