
ITFC provides $100m Covid-19 emergency fund to Egypt
The funding is part of the Master Murabaha Agreement concluded between Egypt and ITFC. It will enable GASC to mitigate the effects of coronavirus by securing food commodity imports.
The funding is part of the Master Murabaha Agreement concluded between Egypt and ITFC. It will enable GASC to mitigate the effects of coronavirus by securing food commodity imports.
About 70% of tourism employment was dismissed in the last six years due to the decline in tourist inflows to Egypt, affecting hotels’ ability to provide quality services to guests