El Molla, ITFC’s CEO Review Annual Work Program for Trade Finance

• Monday, 14th March 2022
• by Sarah Samir

Minister of Petroleum and Mineral Resources, Tarek El Molla, met with Hani Sonbol, CEO of the International Islamic Trade Finance Corporation (ITFC), and they discussed the Corporation's annual work program for tr ...

Egypt Signs Agreement with ITFC Worth $1.1 B

• Wednesday, 4th December 2019
• by Fatma Ahmed

The Minister of Petroleum and Mineral Resources, Tarek El Molla, has witnessed the signing of an executive agreement with the International Islamic Trade Finance Corporation (ITFC), to finance petroleum products i ...

ITFC Provides $8 B to Petroleum Sector Since 2008

• Tuesday, 2nd July 2019
• by Mai El Ghandour

The petroleum sector’s dealings with the International Islamic Trade Finance Corporation (ITFC) have reached $8 billion over the last decade.

Egypt, ITFC Sign $2B Petroleum Finance Deal

• Sunday, 9th September 2018
• by Sarah Samir

The International Islamic Trade Finance Corporation (ITFC) has agreed to finance $2 billion worth of petroleum products, as a part of a larger $3 billion agreement with Egypt's Ministry of Investment to fund the i ...

ITFC Opens LOC for Egypt

• Sunday, 4th February 2018
• by Sarah Samir

The International Islamic Financial Corporation (ITFC) opens a line of credit (LOC) worth $400 million for Egypt to purchase petroleum products.

ITFC Eyes Financing Petroleum Projects in Egypt

• Tuesday, 30th January 2018
• by Sarah Samir

International Islamic Trade Finance Corporation (ITFC) expressed interest in financing projects of the Egyptian oil and gas sector.

ITFC Funds Egypt’s Diesel and Petroleum Imports

• Sunday, 24th May 2015
• by Egypt Oil & Gas

An agreement on receiving funds from the International Islamic Trade Finance Corporation (ITFC) to import “essential goods” into Egypt was signed by President Abdel Fatah al-Sisi Thursday.

Tunisia Signs a Guarantee Agreement with ITFC

• Wednesday, 15th April 2015
• by Egypt Oil & Gas

A bill on a guarantee agreement signed between Tunisia and the International Islamic Trade Finance Corporation (ITFC) was passed, Tuesday, at a plenary session of the House of People's Representatives (HPR).