Egypt's debts to foreign energy firms operating in the country increased after the political turmoil which followed the 2011 revolution.
07.10.2014 Ahram Online
The loan was secured from National Bank of Egypt (NBE), Commercial International Bank (CIB), the Arab African Bank and Qatar National Bank (QNB).
06.10.2014 Ventures Africa
The payment was funded through an EGP 10 billion loan from local banks, arranged by the National Bank of Egypt, the statement said.
05.10.2014 Interfax Energy
For several years now, Egypt has struggled with power outages that have bogged down its ailing economy and disrupted daily life.
04.10.2014 National Geographic
Egypt has paid $1.5 billion of its debt to foreign energy companies, the oil ministry said in a statement on Thursday.
03.10.2014 Reuters
A new Gas Production Enhancement Agreement (GPEA) will permit Dana Gas to drill 37 new wells and redevelop existing ones.
02.10.2014 Emirates 24/7
"We are paying off $1 billion to foreign partners during the next few days," Oil Minister Sherif Ismail told a news conference in Cairo.
01.10.2014 Reuters
Egypt has struggled with soaring energy bills caused by high subsidies it provides on fuel for its population of 85 million.
01.10.2014 Reuters
United Arab Emirates energy firm Dana Gas said on Monday that it had been awarded concessions for two onshore gas blocks in Egypt.
30.09.2014 Reuters
The licenses are located in the country’s Western desert, near the Melehia Development Lease and will cover about 794 square miles.
30.09.2014 Forbes
