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English news

20-Oct-2016

Egypt negotiating financing facilities to import petroleum products with IDB

The Ministry of International Cooperation is in talks with Islamic Development Bank (IDB) to provide the Egyptian General Petroleum Corporation (EGPC) with funding facilities on petroleum products imports, the Minister said. The Ministry has previously signed an agreement with the IDB – which still intact, the Minister added without providing details on the value of the deal. (Al Borsa)

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