finance | Egypt Oil & Gas

Banque Misr to Finance Residential Solar Panels Installation

Banque Misr, Egypt's second-largest state-owned bank, is offering a special program to finance the installation of residential solar panels, a move that aligns with the state’s direction toward expanding the use o ...

EBRD Considers $70 Mn Finaning for Nubia Benban Solar Project

The European Bank for Reconstruction and Development (EBRD) is evaluating a financing package of up to $70 million for the Nubia Benban solar project in Aswan, with board approval anticipated in mid-June, accordin ...

IFC Praises Egypt’s Mining Sector’s Competitiveness

Minister of Petroleum and Mineral Resources, Karim Badawi, met with Cheick-Oumar Sylla, Regional Director of the International Finance Corporation (IFC), a member of the World Bank Group. Their discussion focused ...

EGPC Board Reviews Strategies to Ramp Up Oil, Gas Output

The Board of Directors of the Egyptian General Petroleum Corporation (EGPC) held its meeting via video conference chaired by Minister of Petroleum and Mineral Resources Karim Badawi, who explained that the ministr ...

Badawi Discusses Future Oil and Gas Investment with World Bank Delegation

Minister of Petroleum and Mineral Resources Karim Badawi has announced that the oil and gas sector is working on preparing new investment opportunities and that the discussions being held on these opportunities co ...

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 ...

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