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Misr Petroleum gets EGP 10B financing to strengthen fuel supplies

A consortium of eight Egyptian banks has extended a syndicated loan of EGP 10 billion to Misr Petroleum Company.

Updated 11/14/2024 5:59:00 AM
Misr Petroleum eyes securing EGP 10B loan from local banking consortium

The Egyptian state-owned Misr Petroleum company is seeking to borrow EGP 10 billion from a local banking consortium to finance the import of petroleum products in favor of the Egyptian General Petroleum Corporation (EGPC).

Updated 4/2/2024 11:00:00 AM