loan | Egypt Oil & Gas - Part 8
Misr-Iran Bank to Contribute Part of Assiut Oil Refinery’s $150m Loan
Misr Iran Development Bank is planning to contributing $10m to Assiut Oil Refining Company’s loan worth $150m. ADIB to Loan EGPC $100m
The Egyptian General Petroleum Corporation (EGPC) has requested a loan from ADIB Capital worth $100m to finance imported petroleum shipments, reported Daily News Egypt.
IFC to Give $50m Loan to Egypt’s PICO
IFC, a member of the World Bank Group, is providing a $50 million loan to Cheiron Finance Limited, a subsidiary of Egypt’s PICO International Petroleum, in an effort to bolster energy supplies in the Arab World's mos ...
Bank Audi to Give 400m Loan to Electricity
Bank Audi-Egypt has participated in a loan that will be given to the Egyptian Electricity Holding Company (EEHC), according to Mohamed Abbas Fayed, Deputy Chairman & Managing Director of the bank.
Update-2 Siemens in Need of $917m Loan to Implement 3 Power Plants in Egypt
German Siemens seeks to obtain a fund worth EGP 7 billion (US$917.3million) from a group of banks working in the Egyptian market, a senior source told Amwal Al Ghad Monday.
Update-1 EEHC to Receive EGP 1.75bn Loan from Banque Misr
Banque Misr will provide an EGP 1.75bn share in the loan coordinated for the Egyptian Electricity Holding Company (EEHC), according to Banque Misr Chairman Mohamed El-Etreby.
ITFC Funds Egypt’s Diesel and Petroleum Imports
An agreement on receiving funds from the International Islamic Trade Finance Corporation (ITFC) to import “essential goods” into Egypt was signed by President Abdel Fatah al-Sisi Thursday.
NBE and Banque Misr to Fund Power Plant
A new banking consortium, involving two of Egypt’s biggest public banks, the National Bank of Egypt (NBE) and Banque Misr, plans to secure a multi-billion Egyptian pound syndicated loan for a power plant in Red Sea.
