loan | Egypt Oil & Gas - Part 6
France Offers $75.8m Gas Grant to Egypt
The French Development Agency (AFD) has offered Egypt a $75.7m grant to finance a mega-project that aims to facilitate access to natural gas to 2.4m Egyptian households.
Egyptian Cabinet Approves Nuclear Cooperation with Riyadh
The Egyptian cabinet has officially approved cooperation with Saudi Arabia in peaceful usage of nuclear power and on nuclear security.
EBRD Considers Largest Loan for Trans Adriatic Pipeline
The European Bank for Reconstruction and Development (EBRD) is considering financing of up to $1,7b for the Trans-Adriatic gas pipeline in a record loan, its Managing Director of Energy said.
Brazil’s Petrobras Signs Credit Line with China Exim Bank
Brazil's state-run oil firm Petrobras signed a preliminary deal with the Chinese lender China Exim Bank for a $1b loan, before originally planned as its debt service costs surge in the coming years amid the worst oil ...
World Bank Set to Provide Egypt with First $1b of $3b Loan
The World Bank is to provide the first $1b tranche of a $3b loan to Egypt after parliament approves the government's economic program, World Bank Vice President, Hafez Ghanem, announced at a news conference.
China Offers Nigeria $6b Loan to Fund Infrastructure
After months of talks, China has offered Nigeria a loan worth $6b to fund infrastructure projects, according to the Nigerian foreign ministry.
Emirates NBD Signs $225m Power Projects Loan in Egypt
Emirates NBD Egypt signed a loan worth 2b EGY ($225.25m) with state-run Egyptian Electricity Holding Company to finance two major power projects.
National Bank of Egypt Receives $700m Loan from China
The National Bank of Egypt (NBE) has received a $700m (EGP 5.5b) loan from the China Development Bank to finance infrastructure projects in energy and other sectors.
