Egyptian General Petroleum Corp | Al Bawaba

Egyptian General Petroleum Corp latest

The financing for the petroleum and petroleum products will have an interest rate of 2 percent and will be repaid over 15 years. (File photo)

April 12th, 2016 - 04:24 GMT

Saudi's $23B oil deal with Egypt is a policy change from handouts to loans

Low oil prices have forced Saudi Arabia to change its financial approach towards Egypt, which has seen billions of dollars in 'free' aid since 2013.

Egypt imported oil from Iran prior to the 2012 sanctions. (Al Bawaba/File)

November 30th, 2015 - 04:51 GMT

With lifting of sanctions, Iran looks to export crude oil to Egypt

Al Bawaba

May 12th, 2014 - 03:55 GMT

The perfect gift: Saudi Arabia to offer Egypt $3 billion worth of oil this summer

Al Bawaba

April 22nd, 2001 - 02:00 GMT

Egyptian gas drilling project awards underwater cable contract

Al Bawaba

July 23rd, 2000 - 02:00 GMT

Drilling confirms natural gas deposits off Alexandria shore