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Saudi Arabia Calls for Yemen and Red Sea Security Resolutions

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Saudi Arabia Calls for Yemen and Red Sea Security Resolutions

Tesla Boosts China Car Sales 2026

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21 Hrs2026-10-09T15:16:00.000Z
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Wall Street Concerns Rise Amid US Bond Premium Surge

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23 Hrs2026-10-09T13:28:27.370Z
Wall Street Concerns Rise Amid US Bond Premium Surge

Gulf awaits Schengen visa exemption progress

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23 Hrs2026-10-09T13:28:05.083Z
Gulf awaits Schengen visa exemption progress
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International Trade Finance approves $9.3B for 25 nations

International Trade Finance approves $9.3B for 25 nations

The International Islamic Trade Finance Corporation, a member of the Islamic Development Bank Group, has been awarded the title of Best Trade and Investment Finance Provider at the 2026 Middle East and Africa Trade Leader Awards, organized by Global Trade Review magazine. In 2025, the organization approved financing totaling $9.3 billion through 144 transactions across 25 countries to support trade flows and promote essential and small to medium-sized enterprises. It has been one of the largest trade financiers among OIC member countries since its establishment in 2008, providing over $100 billion to enhance regional and interregional trade. Its strategy from 2026 to 2030 aims to expand its activities by integrating developmental impact while maintaining financial resilience.

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