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  • EGAS Funded by 9 Banks

    EGAS Funded by 9 Banks

    Thursday, 20th April 2017
    The Egyptian Natural Gas Holding Company (EGAS) will borrow a loan worth EGP 1.8b from nine Egyptian and Arab banks.
  • Egypt Owes $3.6b in Oil, Gas Arrears

    Egypt Owes $3.6b in Oil, Gas Arrears

    Thursday, 17th November 2016
    Egypt owes $3.6b in backdated arrears to international oil companies (IOC), as the country plans to drill 12 new wells during 2017.