ITFC | Egypt Oil & Gas
Egypt Signs Agreement with ITFC Worth $1.1 B
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 impor...
ITFC Provides $8 B to Petroleum Sector Since 2008
The Egyptian petroleum sector’s dealings with the International Islamic Trade Finance Corporation (ITFC) reached $8 billion since 2008 to date, Al-Ahram reported. This was announced during ITFC’s celebration of the co...
Egypt, ITFC Sign $2B Petroleum Finance Deal
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...
ITFC Opens LOC for Egypt
The International Islamic Financial Corporation (ITFC) opened a line of credit (LOC) worth $400 million for Egypt, in order to purchase petroleum products. The LOC comes in a last tranche of a finance deal worth $3 bi...
ITFC Eyes Financing Petroleum Projects in Egypt
International Islamic Trade Finance Corporation (ITFC) expressed interest in financing projects of the Egyptian oil and gas sector,said Tarek El Molla, Egyptian Minister of Petroleum and Mineral Resources, Egypt Oil &...
ITFC Funds Egypt’s Diesel and Petroleum Imports
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. The agreement is based on a ...
Tunisia Signs a Guarantee Agreement with ITFC
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). It ...Page 1 of 1
