International Islamic Trade Finance Corporation

Egypt’s Ministry of Oil, ITFC signs $1.1 billion agreement to import commodities
Business

Egypt’s Ministry of Oil, ITFC signs $1.1 billion agreement to import commodities

Egypt’s Ministry of Oil on Wednesday has signed an agreement with the International Islamic Trade Finance Corporation (ITFC) of the…
Nasr agrees with ITFC to fund Egypt’s private sector
Business

Nasr agrees with ITFC to fund Egypt’s private sector

Egyptian Minister of Investment and International Cooperation Sahar Nasr met on Saturday with Hani Sonbol, the CEO of the International…
Egypt gets second installment of $1 bln loan
Business

Egypt gets second installment of $1 bln loan

The General Petroleum Authority on Wednesday signed an agreement with a member of the Islamic Development Bank Group to receive…
Islamic Development Bank to lend Egypt US$330 million
Business

Islamic Development Bank to lend Egypt US$330 million

Several local and regional banks are preparing to give the Egyptian government a US$330 million loan, in the second portion…
Govt to accept US$1 bln loan from Islamic Development Bank
Business

Govt to accept US$1 bln loan from Islamic Development Bank

Planning and International Cooperation Minister Fayza Abouelnaga said a US$1 billion loan from the International Islamic Trade Finance Corporation, which…
Government gets US$1.2 bn commodity loan from Islamic bank
Business

Government gets US$1.2 bn commodity loan from Islamic bank

The Egyptian government has received a US$1.2 billion credit facility from the International Islamic Trade Finance Corporation (ITFC) to help…
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