finance | Egypt Oil & Gas
Egypt, BNY Mellon Discuss Financing Carbon Reduction Projects
The meeting discussed the efforts and activities of the Ministry of Petroleum and Mineral Resources within the framework of the ministry's strategy for carbon reduction and energy transition.
El Molla, Afreximbank Holds Talks on Phosphoric Acid Production Project
Minister of Petroleum and Mineral Resources Tarek El Molla met with a delegation from the African Export-Import Bank (Afreximbank) headed by Benedict Oramah, President and Chairman of the Bank.
Eni to Issue New Fixed Rate Bonds
Eni intends to place new fixed rate bonds with a 4-year and 10-year maturity (the “Bonds”), under its existing Euro Medium Term Note Program.
El Molla Announces Loan Closure for Assiut’s Diesel Hydrocracking Complex Project
Minister of Petroleum and Mineral Resources Tarek El-Molla stated reaching the closure of the loan for the diesel production project (the hydrocracking complex for diesel) in Assiut is a success for all participan ...
EBRD Releases $5.5M to Finance TAQA Arabia’s Solar Energy Project in El Minya
As part of its efforts to expand renewable energy in Egypt, the European Bank for Reconstruction and Development (EBRD) announced the contribution of a new tranche of financing worth $5.5 million to TAQA Arabia’s ...
EU Provides Egypt with $120.4 M Grant for Water, Energy Development: MOIC
Minister of International Cooperation Rania Al-Mashat has announced that the European Union (EU) has provided €117.9 million (around $120.41 million) of development financing to support the budget of the water and ...
El Molla, ITFC’s CEO Review Annual Work Program for Trade Finance
Minister of Petroleum and Mineral Resources, Tarek El Molla, met with Hani Sonbol, CEO of the International Islamic Trade Finance Corporation (ITFC), and they discussed the Corporation's annual work program for tr ...
Italy Holds Financing for Russian LNG Project
In response to Russia's invasion of Ukraine, Italy disclosed that it will put its share of financing on hold for the Arctic LNG 2 project led by privately-owned Russian gas producer Novatek, Reuters reported quoti ...
Iran’s NIOC to Issue Bonds Worth Rls 20,000 B to Finance Oil Projects
Masoud Karbasian, the CEO of the National Iranian Oil Company (NIOC) announced that the company said NIOC was planning to issue bonds worth IRR 20,000 billion to finance projects aimed at production enhancement an ...
