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2026-10-09T20:28:10.307Z

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Former Egyptian President Anwar Sadat

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23 Hrs2026-10-09T04:57:00.000Z
Former Egyptian President Anwar Sadat
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International Trade Finance approves $9.3B for 25 countries

International Trade Finance approves $9.3B for 25 countries

The International Trade Finance Corporation, which is part of the Islamic Development Bank Group, received the Best Trade and Investment Finance Provider Award for 2026 during a ceremony organized by Global Trade Review magazine. In 2025, the corporation approved financing totaling $9.3 billion across 144 transactions in 25 member countries, aimed at supporting trade flows including essential goods and small and medium-sized enterprises. Since its launch in 2008, the corporation has provided over $100 billion to OIC member states, focusing on expanding trade finance, promoting regional trade, and sustainable development. Its strategy through 2030 aims to expand operations while integrating developmental impact, all while maintaining financial resilience.

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