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ITFC signs $1.5B financing program with Egypt for petroleum, food security

The International Islamic Trade Finance Corporation (ITFC) has signed the 2025 financing program with the Egyptian government at a value of $1.5 billion to support petroleum products and food security.

Updated 2/4/2025 4:17:00 AM
Egypt's food product exports surge 31% YoY in Q1 2024

Egypt's exports of food products climbed by 31% year on year (YoY) to reach an unprecedented value of $1.6 billion during the first quarter (Q1) of 2024.

Updated 5/7/2024 2:13:00 AM
Egypt to cut prices of food commodities by 15-25% for 6 months

The Egyptian government has agreed with producers and retailers to cut prices of several food commodities by 15% to 25% for six months starting Saturday, October 14th.

Updated 10/10/2023 7:25:00 AM