ebrd allocates 170m to improve safety measures in egypts energy sector
Last Updated : GMT 06:49:16
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Last Updated : GMT 06:49:16
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EBRD allocates $170m to improve safety measures in Egypt's energy sector

Arab Today, arab today

Arab Today, arab today EBRD allocates $170m to improve safety measures in Egypt's energy sector

Energy sector
London - MENA

European Bank for Reconstruction and Development (EBRD) arranged a syndicated loan, consisting of a loan facility of up to $170 million to strengthen safety and environmental standards in Egypt's energy sector.

For the first time in the southern and eastern Mediterranean (SEMED) region, the European Bank for Reconstruction and Development (EBRD) led and arranged a syndicated loan, consisting of a loan facility of up to $170 million to Advanced Energy Systems SAE (ADES), an independent Egyptian oil services company, the bank said on Thursday.

 

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ebrd allocates 170m to improve safety measures in egypts energy sector ebrd allocates 170m to improve safety measures in egypts energy sector

 



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