Eng. Tarek El Molla, Minister of Petroleum and Mineral Resources, **witnessed the signing of the $1.5 billion financing contracts** for the **Diesel Hydrocracking Complex in Assiut** by six banks and international financing institutions, on the sidelines of the **Egypt International Petroleum Conference and Exhibition (EGYPES 2022)**.
The list of international financiers includes **CDB Italy**, **Crédit Agricole Bank** for investment and financing, and **UniCredit Italy**.





