The Egyptian government has submitted a request to the International Islamic Trade Finance Corporation (ITFC), a subsidiary of the Islamic Development Bank (IsDB), to increase its yearly-obtained credit limit by roughly 150% to $500 million.
Updated 5/2/2024 2:40:00 AM
The Islamic Development Bank’s (IsDB) investment portfolio in Egypt has reached $22 billion, Minister of Planning and Economic Development Hala Elsaid stated on the sidelines of the 2024 Annual Meetings of IsDB in Riyadh.
Updated 4/29/2024 7:56:00 AM
The Egyptian House of Representatives has authorized two $460.4 million financing agreement between the Egyptian government, the Export-Import Bank of Korea (Korea Eximbank), and the Islamic Development Bank (IsDB) and its institute (IsDBI) in the field of sustainable transport and development.
Updated 12/24/2023 8:20:00 AM