Misr Petroleum has begun trial runs on its USD 30 mn petroleum storage complex in Badr City, Ahram Gate reports. The facility, which can store up to 33 mn liters of oil, is a crucial storage component for fuel destined for the Greater Cairo area, Oil Minister Tarek El Molla said at launch ceremony.
More from Enterprise
The National Bank of Egypt and Banque Misr just hiked rates on CDs — moves that could see the EGP gain against the USD
NBE and BM both hiked rates on CDs by 125…
Miga guarantee unlocks USD 313 mn for National Bank of Egypt trade finance
Plus: Incolease taps securitization market with debut EGP 2 bn…
Here’s why “temporary listings” are all the rage right now
The government plans to list Misr Travel and Egoth in…
Kiwe gets Central Bank green light to launch nationwide
The startup is backed by our friends at EFG Hermes,…