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).

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.

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 to finance the second phase of the expansion plans carried at its refineries.