Egypt’s foreign debt fell to USD 153 bn at the end of June
Medium- and long-term debt accounted for some 83% of our total foreign debt
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Medium- and long-term debt accounted for some 83% of our total foreign debt
The four-tranche bond earned credit ratings ranging from A- to AA
The incentives include a discount on fees
The project is part of a broader plan to develop gas reserves in the Narges field
The zone would act a hub to import corn, soybeans, sugar, and other products
The government owes Dragon Oil USD 200 mn in receivables
The program has allocated some EUR 100 mn to be invested in green projects across Egypt’s governorates
The company’s expansion plans involve establishing new production lines and expanding the percentage of local components used
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