Colombia’s Petro visits Egyptian Red Crescent, lauds Gaza relief work
Colombian President Gustavo Petro on Saturday visited the headquarters of the Egyptian Red Crescent (ERC), where he praised Egypt’s efforts in providing humanitarian aid to Palestinians in the Gaza Strip. Petro was received by the Minister of Social Solidarity and
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ERC completes debt restructuring, pays $315m to senior, subordinated lenders
The Egyptian Refining Company (ERC) has concluded its Senior and Subordinated Debt Restructuring, marking a significant milestone in its financial strategy. As part of the agreement, ERC made payments totaling $315 million, which included $33.3m in fees and default interest