The Extraordinary General Assembly of **Assiut National Oil Processing Company (ANOPC)**, one of the companies in the Egyptian petroleum sector, chaired by **Eng. Mohamed Badr El Din, Managing Director and Chairman of the Assembly**, approved several items governing the company’s operations.
The Assembly **approved the terms and conditions of the financing agreement** for **Tranche (A)** in the amount of **$772.5 million**, covered by a document from the **Italian Export Development Agency (Cassa Depositi e Prestiti – CDB)** and guaranteed by the **Egyptian Ministry of Finance** under **Law No. 74 of 2017**, with ANOPC acting as a **joint borrower with Assiut Petroleum Refining Company**, and authorized acting on this basis in all matters related to the agreement for the **Diesel Hydrocracking Complex Project**.
