Egypt’s Petroleum Services Petrotrade holds negotiations with local banks to borrow EGP 4b to be able to pay the dues of the Egyptian General Petroleum Corporation (EGPC) related to oil products.
10 thousand workers at Petrotrade are on their 6th consecutive day of a wage increase strike. The strike is witnessed at the Giza, Cairo, Assuit, El Haram, Nasr City, and Masr El Gdida branches, Egypt Oil & Gas reports.