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FINANCIAL NEWS
Egyptian oil firm signs USD91m finance deal
21 Jun 2015
(MENAFN) An undisclosed private oil company in Egypt has signed a USD91 million finance agreement with the National Bank of Egypt, according to a senior official from the bank, Amwal Alghad reported.
The senior source refused to disclose any information regarding the buying company before the official signing of the final transaction takes place at an also indefinite time in the upcoming period.
Presently, the National Bank of Egypt is also studying several financing schemes, the source added to Amwal Al Ghad on Wednesday.
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