Suez Canal Bank | Egypt Oil & Gas

MidElec Receives EUR 30 MM Loan

A consortium of banks led by the National Bank of Egypt (NBE) will provide a long-term joint loan of EUR 30 million to Midor Electricity (MidElec) to boost the capacity of the power plant in the Middle East Oil Refine...

MIDOR Raises Refining Capacity by 15%

Middle East Oil Refinery (MIDOR) has raised its daily refining capacity by 15% to 115k b/d in January, 2017. The increase is attributed to the $20m first phase of the company’s expansion plan. The second phase begins ...

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