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Saturday 29 July 2017

Business

Egypt will make $750 mln debt payment to oil companies on June 1

Tuesday 16/May/2017 - 03:36 PM
Sada El Balad
Edited By: Nada Moustafa
Egypt will make a debt payment of $750 million to international oil companies on June 1، Central Bank Governor Tarek Amer said on Tuesday، Reuters reported.

Egypt has outstanding dues of about $3.5 billion to international oil and gas companies.

Amer said separately that Egypt has received $8 billion in investment from 150 global investment funds over the past six months.

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