Al-Sisi Inaugurates New Mostorod Project Worth $4.3 B

• Monday, 28th September 2020
• by Fatma Ahmed

The Egyptian President Abdel Fattah Al Sisi has opened the Egyptian Refinery in Mostorod at a cost of  $4.3 billion equals to EGP 70 billion which is one of the most important petroleum refineries in Egypt and Afr ...

Qalaa Holdings Receives $120 M for ERC

• Thursday, 30th May 2019
• by Mai El Ghandour

The final tranche was requested by ERC's project finance lenders and is divided into $70 million for capital increase and $50 million for shareholders' loan.

Qatar backs $3.6bn Egyptian refinery

• Monday, 24th September 2012
• by Egypt Oil & Gas

Qatar Petroleum International (QPI) will join Egypt's Orient Company and the Egyptian General Petroleum Corporation (EGPC) in their venture to set up a new $3.6bn refinery in Greater Cairo.