Egyptian oil firm signs USD91m finance deal


(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.


Legal Disclaimer:
MENAFN provides the information “as is” without warranty of any kind. We do not accept any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this article. If you have any complaints or copyright issues related to this article, kindly contact the provider above.