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International Islamic Trade Finance Corporation

International Islamic Trade Finance Corporation latest

ITFC to Grant Egypt $1.1 Billion to Facilitate Imports of Commodities in 2020
December 4th, 2019 - 02:00 GMT

ITFC to Grant Egypt $1.1 Billion to Facilitate Imports of Commodities in 2020

The International Islamic Trade Finance Corporation (ITFC) will provide $1.1 billion of funding to help Egypt with imports of petroleum products and basic commodities in 2020, Egypt's petroleum and supply ministries said on Wednesday. The funds are part of a $3 billion agreement between Egypt and ITFC signed in January 2018, reported Reuters. Last year, acute shortages of foreign currency caused delays in some payments by Egypt's General Authority for ...
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The first Master Murabaha agreement was signed by Eng. Hani Salem Sonbol, Chief Executive Officer ITFC and Ahmed Yousef, Deputy Chairman of the Commodity Supply Authority. (SG)
September 9th, 2018 - 08:02 GMT

Egypt to Receive $3 Billion From ITFC Agreement

Headquarters of the IDB in Jeddah, Saudi Arabia.  (File photo)
March 5th, 2017 - 09:00 GMT

Islamic Development Bank charts three-year plan for Arab-African trade

Egyptian pounds
August 21st, 2012 - 12:18 GMT

Egypt expects: the promised financial aid is yet to appear

Famous Egyptians Kosherie.
July 3rd, 2012 - 08:01 GMT

Saudi 'feeds' Egypt's economy in billion dollar deal

Al Bawaba
July 11th, 2010 - 09:04 GMT

International Islamic Trade Finance Corporation receives historic regonition

Al Bawaba
July 1st, 2010 - 08:27 GMT

ITFC and the Saudi Export Program (SEP) in a $100 million Strategic Linkup to Finance Saudi Exports to Egypt

Al Bawaba
May 18th, 2010 - 07:32 GMT

(IDB) Group provides strategic support for local, Arab and Islamic Intra-Trade Finance

Al Bawaba
February 14th, 2010 - 03:44 GMT

EDC and ITFC host workshop for new entrants into the trade industry

Al Bawaba
July 27th, 2009 - 10:51 GMT

IDB Group is scaling-up operations by an additional US$2.5 billion to assist OIC member countries address challenges of global financial crisis

Al Bawaba
February 23rd, 2009 - 05:49 GMT

ITFC 2008 Approved Trade Finance Operations Totaled US$335 million for Saudi Arabia

February 17th, 2009 - 06:32 GMT

ITFC 2008 Approved Trade Finance Operations Totaled US$335 million for Saudi Arabia

Al Bawaba
October 28th, 2008 - 11:39 GMT

International Islamic trade finance corporation signs us$ 60 million agreements with four leading Turkish banks in support of trade finance

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