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Egypt reviews financing with Islamic Development Bank
Egypt's efforts have been focused on expanding its storage and food security system through discussions on financing the construction of grain silos and oil storage tanks, in cooperation with the Islamic Development Bank and the Islamic International Islamic Trade Finance Corporation. The goal is to increase storage capacity, improve inventory management efficiency, and reduce waste, thereby enhancing the sustainability of supply for strategic commodities and enabling a better response to global market changes. Additionally, strengthening storage infrastructure is a key part of the country's food security strategy, with expectations of funding future projects to develop supply chains and increase the ability to secure citizens' needs for strategic goods.
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