loan | Egypt Oil & Gas

Mubadala May Join Aramco Oil Pipeline Deal of $12 B

Mubadala Investment Company announced that it is going into negotiations with the U.S. investor EIG Global Energy Partners LLC, which is the lead member in the consortium that will invest in Saudi Aramco’s Oil Pip ...

Aton Borrows $77,000 from Bridge Loan Facility

Aton Resources Inc. drew $77,000 in accordance with its bridge loan facility with Ou Moonrider

IMF to Visit Egypt for Final Loan Review in May

Lall praised the economic reform measures taken by Egypt that boost the country's investments and enable its private sector to continue growing.

El Sisi Approves $200 M Loan for SOPC

The loan agreement was signed by Egypt and EBRD on May 22, 2018.

El Sisi Approves EBRD $200 M Loan to EGAS

The loan agreement was signed on December 27, 2017 by Egypt and EBRD to grant EGAS a $200 million loan.

ERC Seeks $80 M Loan from CIB

CIB is arranging the $80 million loan for ERC to fund the general capital.

Egypt Talks $500 M with HSBC

HSBC Egypt agreed to be the financial consultant to secure a $500 million loan to finance the imports of the market's demands of diesel, benzene and mazut, in addition to paying a part of arrears to IOCs.

Banking Consortium Offers EGP 10B Loan to EGPC

A banking consortium of six banks have offered to loan the Egyptian General Petroleum Corporation (EGPC) EGP 10 billion to import oil and to settle part of its debts to the Ministry of Electricity.

ASORC Negotiates $500M Loan

The Assiut Oil Refining Company (ASORC) has completed talks with local and Gulf banks for a $500 million loan, a part of the $1.9 billion financing package for the mazut hydrocracking complex.

Midor Signs $1.2B Loan Agreement

Middle East Oil Refinery (Midor) has signed the final contracts for a $1.2 billion syndicated loan from Italy’s CDP, France's BNP Paribas, and Crédit Agricole.

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