ITFC provides Egypt with $9.6B till June 2020

Tue, 30 Jun 2020 - 05:18 GMT

Saeed added that the Egyptian General Petroleum Corporation and other public sector beneficiaries benefit from financing operations, in addition to the Social Fund for Development and 3 companies from the private sector.

ITFC pledges $100M aid to ease coronavirus ramifications

Mon, 04 May 2020 - 12:50 GMT

The package would also enable the authority in meeting basic commodities needs, the statement added.

ITFC allocates $1.1B in funding for Egypt in 2020

Thu, 06 Feb 2020 - 03:30 GMT

Gamea added in a statement Thursday that $700 million of the funding will go to the energy sector, while $400 million will be for the internal trade.

Gov't keen on boosting cooperation with different regional, int'l financial institutions: min.

Thu, 06 Feb 2020 - 02:48 GMT

Gamae pointed out to the importance of making the maximum benefit from the funding programs allocated by the ITFC to Egypt that are worth $1.1 billion and serve the sectors of energy and internal trade.

ITFC finances programs of promoting Egypt's exports to Africa: EDA

Sun, 22 Dec 2019 - 02:27 GMT

The two sides agreed on a timetable to implement EDA programs as well as the budget proposed for each program.

Egypt signs agreement with ITFC to support commodities by $1.1B

Wed, 04 Dec 2019 - 12:41 GMT

This comes as part of the agreement worth $3 billion signed in January 2018 between the Ministry of Investment and the International Islamic Trade Finance Corporation.

Nasr probes with ITFC support for private sector

Fri, 01 Mar 2019 - 10:47 GMT

The minister praised the role played ITFC to provide basic commodities for citizens through a 3 billion dollar agreement signed last year.

Presidential decree approves framework deal with ITFC

Thu, 10 Jan 2019 - 10:11 GMT

A presidential decree was issued on Thursday sanctioning a framework agreement between the Egyptian Investment and International Cooperation Ministry and the International Islamic Trade Finance Corporation (ITFC) to fund Egypt's importation of staple comm

President Sisi has serious vision on development in Egypt

Sat, 06 Oct 2018 - 11:20 GMT

President Sisi has serious vision on development in Egypt - ITFC CEO

ITFC contributes more than $40bn to funding trade operations in 10 years

Tue, 03 Apr 2018 - 11:20 GMT

Over 10 years, the Islamic International Trade Finance Corporation has contributed more than 40 billion dollars to funding and developing trade operations.

$3B agreement with ITFC for basic goods provision

Tue, 30 Jan 2018 - 12:54 GMT

Minister of Investment signed Tuesday a $3 billion agreement with the Islamic Trade Finance Corporation (ITFC) to support the provision of basic goods in Egypt.

ITFC seeks strategic partnership with Egypt: CEO

Sat, 04 Nov 2017 - 11:09 GMT

The Islamic Development Bank Group-affiliate International Islamic Trade Finance Corporation (ITFC) seeks strategic partnership with Egypt in light of its continued.

ITFC delegation in Cairo to discuss exports

Sat, 24 Jun 2017 - 12:17 GMT

(ITFC) delegation will visit Cairo to agree on a plan of action with the Export Development Authority to beef up Egypt's exports in the coming three years