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Egypt 'seeking $1.5 billion loan to repay oil debts'Egypt is looking to borrow at least $1.5 billion from local and international banks in order to repay debt owed to foreign oil companies operating in the country, Oil Minister Sherif Ismail said on Sunday. Ismail told Reuters payi More… |
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Egypt 'seeking $1.5 billion loan to repay oil debts'Egypt is looking to borrow at least $1.5 billion from local and international banks in order to repay debt owed to foreign oil companies operating in the country, Oil Minister Sherif Ismail said on Sunday. Ismail told Reuters payi More… |
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Egypt set to pay $1 billion to foreign oil firmsEgypt's central bank has delivered $1 billion to the Ministry of Petroleum to repay on Monday part of the state's debt to foreign oil companies, the central bank governor said. Egypt pledged last week to pay $300 million o More… |
