Wednesday, 25th December 2019
APICORP will loan Algeria’s Sonatrach a US$250 million worth of facilities.
Tuesday, 3rd December 2019
The Deputy Chief Financial officer of the Egyptian Refining Company “ERC” Aliaa Heikal announced that her company targets to receive $76 million from Japanese and Korean banks at the end of December 2019 as the last installment package of the loans that the company keep for establishing and developing Mostorod refinery .
Wednesday, 10th July 2019
Kuwait Petroleum Corporation (KPC) has hired NBK Capital, a fully owned subsidiary of the National Bank of Kuwait (NBK), as a financial advisor as the company seeks to obtain $2 billion in finances.
Tuesday, 11th June 2019
Emirates National Oil Company (ENOC) has secured a loan of around $690 million from China’s top three banks.
Monday, 27th May 2019
The company received the land required for the project and is preparing to establish the complex and build a wall around it before the contractors start building the infrastructure.
Monday, 18th March 2019
The company's management will take the necessary procedures to negotiate with financing institutions to obtain loans with the best possible terms and conditions to decrease equities' share in the financing.
Wednesday, 6th March 2019
KPC has inked a MoU with Britain for up to $3 billion in loans and credit facilities.
Tuesday, 19th February 2019
The Central Bank of Egypt (CBE) will offer 5% interest loans to encourage car owners to transform their vehicles to natural gas-powered or mixed-fueled cars, running with both natural gas and gasoline
Monday, 16th July 2018
The Egyptian General Petroleum Corporation (EGPC) has hired HSBC to arrange a loan of around $1 billion.
Sunday, 27th May 2018
The Egyptian Ministry of Finance approved issuing local currency guarantees for two loans to help the Egyptian General Petroleum Corporation (EGPC) repay debts owed to international oil companies (IOCs).