06 Apr 2017
(MENAFN) Kuwait announced that it has inked a new multi-billion-dollar deal in order to supply Egypt with crude oil and petroleum products for the coming three years.
Meanwhile, Kuwait will supply Egypt with 2mn barrels of crude per month and 1.5mn tons of petroleum products annually over three years.
In addition, the agreement is worth more than USD4bn based on recent market prices, while the previous three-year deal, inked after Egypt’s removed President Morsi, expired in Dec.
Furthermore, Kuwait was amid the Gulf nations that provided Egypt several billion dollars of help trailing Morsi’s ouster in July 2013.
MENAFN0604201700450000ID1095373981
MENAFN0604201700450000ID1095373981
01 Mar 2026
BBK activates partial remote working system for its workforce to ensure employee and customer safety and service continuity
24 Feb 2026
BBK discloses its financial results for the year ended 31st December 2025
05 Feb 2026
BBK announces December Al Hayrat Grand Prize winners and another wave of Grand prizes for February
26 Jan 2026
BBK Enhances Autumn Fair 2026 Experience with Customized Rewards and Premium Services
This website uses cookies to ensure you get the best experience and by clicking “I Accept” below, you consent to the use of cookies. Learn more