National Bank of Egypt
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EBRD Offered to Fund SUMED Project
Monday, 15th August 2016
The European Bank for Reconstruction and Development (EBRD) has offered to fund the Arab Petroleum Pipelines Co. (SUMED) with $100m, based on a 10-year time-frame, to build a pier and petroleum products trading center in Ain Sokhna. -
NBE and Gas Firm Reach $32m Debt Settlement
Sunday, 3rd January 2016
The National Bank of Egypt and an undisclosed gas company reached a $32m debt settlement agreement to be repaid over the next 8 years. -
Petroleum Portfolio Expanding at National Bank of Egypt
Monday, 24th August 2015
A source informed Amwal Al-Ghad that the financing portfolio for the petroleum sector recorded loans and credits of EGP 41b ($5.2b) at the National Bank of Egypt (NBE). -
Egyptian Bank Gives $14 Million Loan to EGPC for Debt Repayments
Tuesday, 3rd March 2015
The Egyptian Arab Land Bank ( EALB ) contributes $14 million to the state-owned Egyptian General Petroleum Corporation (EGPC)'s loan, chairman Abdel Meguid Mohy El-Din told Amwal Al Ghad on Sunday.
Latest News
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El Molla Discusses Developments in Mining Sector With Canadian Envoy
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Monday Minutes: Economic Snapshot
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Al-Sisi Supports Eni’s Endeavors to Expand Activities in Egypt
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UOG Records 24% Increase in Abu Sennan Reserves
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Commodity CMDTY | Units | Price | Change |
Crude Oil (WTI) WTI | USD/bbl | 62.97 | -0.25% |
Crude Oil (Brent) Brent | USD/bbl | 66.63 | -0.21% |
NYMEX Natural Gas | USD/MMBtu | 2.71 | +1.27% |
OPEC Basket Price | USD/bbl | 64.48 | +1.72% |
Last Modified April 19, 2021