Banque Misr approved granting a letter of credit worth $181.5 million for the Egyptian General Petroleum Corporation (EGPC), an official at the bank stated, according to Arab Finance. The letter of credit aims to fina...
The Central Bank of Egypt (CBE) stated that the banks operating in the country issued letters of credit worth $6.34b for oil and gas imports during the period from January 2016 to December 2016, reported Daily News Eg...
Thirteen vessels loaded with fuel shipments have been held outside the Alexandria port for several days as the Egyptian General Petroleum Corporation (EGPC) has not delivered the cost of fuel, Daily News Egypt reporte...