EGPC to Receive $3bn Loan from IDB

Minister of International Cooperation Naglaa Al-Ahwany and the Director of IDB Ahmed Mohamed Ali signed an agreement granting a loan of $3bn to the Egyptian government.

Post-Scandal Petrobras to Receive Chinese Help

Petroleo Brasileiro SA, the world’s most indebted oil producer, is bolstering ties to China as a corruption scandal has shut the company out of international bond markets.

Enoc Plans for $1.5 billion Loan and Merger Activity

Dubai's Emirates National Oil Company (Enoc) has hired a five-person team to work on mergers and acquisitions for the company as it seeks to expand beyond its home emirate, banking sources told Reuters on Sunday.

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