First Tranche | Egypt Oil & Gas

Eni Launches First Tranche of Share Buyback Program

Following its authorization granted by the Ordinary and Extraordinary Shareholders’ Meeting, Eni declared that the first tranche of the share buyback program, which will concern up to a maximum of 62 million of En ...

IMF Approved Egypt’s $12b Loan

The International Monitory Fund (IMF) approved a 3-year $12b loan to Egypt on the November 11.

IMF Board to Review Egypt’s Loan

The $2.5b first tranche of the IMF's $12b loan will be made available to Egypt after the IMF’s executive board reviews the program, with the country’s funding package be presented to the fund’s executive board by the ...

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