Tag: MIDOR

Egypt’s MIDOR refinery expansion will open in Q1 2022: Petroleum Minister

Expansion project aims to increase refinery’s production capacity by 60%, with $2.3bn…

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Suez Canal Bank sells $30.6m in shares to exit MIDOR

Exit process part of bank’s investment policy and comprehensive strategy to restructure…

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Suez Canal Bank sells stake in MIDOR for $30.6m

The Suez Canal Bank had owned a total of 560,000 shares, representing…

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El-Molla inspects situation to implement expansion of SIDPEC, Midor

Midor expansion project will achieve 60% increase in production capacity, says ElKareish

Mohamed Adel Mohamed Adel

NBE, FAB, serve as financial advisors to MIDOR deal to obtain $1.2bn from 3 European banks

Loan term fund of 13.5 years, to finance expansion plans, increase refining…

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Midor signs $1.7bn contract with Technip for expanding Midor`s refinery  

Egypt's state-owned Middle East Oil Refinery Company (Midor)`s chairperson and CEO, Mohamed Abdel Aziz,…

Nehal Samir Nehal Samir

Launching stocks suspended after obtaining funds for expansion: MIDOR CEO

$280m increase in shareholders' capital of the company, according to source

Mohamed Adel Mohamed Adel

EGPC will auto-finance full amount of MIDOR bid

MIDOR’s refinery capacity in Alexandria stands at approximately 3bn barrels per month;…

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Ministry of Petroleum considers 20% IPO for MIDOR

Float expected to earn more than $1 billion and financial adviser to…

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