Latest in Tag: ITFC Highlight
Latest in Tag: ITFC
Cooperation portfolio between Egypt, ITFC amounts to $16bn in 2008-2022
This came in a speech delivered by Al-Saeed during the closing ceremony of the project for women in international trade in Egypt (SheTrades Egypt), in the presence of Hani Sonbol, CEO of ITFC, and acting CEO of the Islamic Corporation for the Development of the Private Sector.
Egypt, ITFC discuss diversification of cooperation areas
CEO of ITFC expresses openness to all cooperation opportunities to add more diversity to joint development portfolio
Planning Ministry reveals details of ITFC’s finance cooperation programme in Egypt
Egypt’s Ministry of Planning and Economic Development announced, on Thursday, the details of the International Islamic Trade Finance Corporation’s (ITFC) finance cooperation programme in Egypt for the year 2021.
Egypt, ITFC sign finance cooperation programme worth $1.1bn
Programme to finance Egypt’s imports of basic commodities such as food and petroleum products
ITFC injects $9.6bn into Egypt over 12 years: Planning Minister
The minister praised the ITFC’s remarkable activities in development, and the notable rate of progress in implementing its Egypt funding programme for 2020
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.
IsDB, ITFC launch online learning platform sharing medical knowledge
Initiative comes as part of bank’s COVID-19 crisis response action
AATB Program offers support to member countries to cope with COVID-19: ITFC
The AATB has the mandate to drive economic integration between across the African and Arab regions. It is also looking to strengthening small- and medium-size enterprise (SME) export development across key sectors, the statement said.
Egypt signs agreement with ITFC to fund commodities imports worth $1.1bn in 2020
The funds are within the $3bn agreement framework between Egypt and ITFC that was signed in January 2018.
Egyptian government, ITFC agree on extending future cooperation
ITFC completes financing of $1.130bn for trade financing programme in Egypt
EDA signed MoU with ITFC to support cooperation in trade development
Export to Africa low rise in 2017 by 10% a year between $1bn, $300m: Al-Shorbagi
Industry and Trade Minister looks to benefit from ITFC financing mechanisms to enhance exports
ITFC local branch will communicate with the ministry in order to understand the requirements needed for a joint work plan