Kuwait Fund to Finance Egypt-Saudi Power Grid

• Tuesday, 24th November 2015
• by Egypt Oil & Gas

The Egyptian government and the Kuwait Fund for Arab Economic Development (KFAED) have signed a loan agreement worth $98.7m to finance the power grid project between Egypt and Saudi Arabia.

NBE’s Loans to the Petroleum Sector Amount 40bn

• Monday, 17th August 2015
• by Egypt Oil & Gas

Ayman Yassin, Head of Corporate Banking Group at the NBE told Daily News Egypt in an interview that the petroleum sector's loan for the fiscal year of 2014/2015 had reached 40bn, in comparison with 27bn in the fiscal ...

Dolphin Energy in Need of Advice for ‘Incremental’ Loan

• Monday, 4th May 2015
• by Egypt Oil & Gas

Dolphin Energy, the Abu Dhabi state-controlled venture that produces and transports natural gas to the UAE and Oman, wants to raise a $1 billion loan and has invited banks to pitch for a role advising it, banking sou ...

IDB-Egypt Cooperation in Infrastructure, Energy and Transportation

• Thursday, 30th April 2015
• by Egypt Oil & Gas

Minister of International Cooperation denies reports that bank demands repayments of loans owed by Egypt

Saudi Aramco Seeking $10 Billion for Credit, Sources Say

• Thursday, 5th March 2015
• by Egypt Oil & Gas

Saudi Arabian Oil Co., the world’s largest oil exporter, is in talks with banks to raise a $10 billion revolving credit facility at cheaper pricing than Exxon Mobil Corp., according to three people familiar with the ...