14 Hrs
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المصدر

2026-11-05T12:46:28.000Z

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ITFC Approves $1.3B Deal

ITFC Approves $1.3B Deal

The International Islamic Trade Finance Corporation has approved approximately $1.3 billion in financing for the General Authority for Supply Commodities so far in 2026, to help secure Egypt’s essential commodity needs and strengthen food security. Supply Minister Sherif Farouk and the corporation’s CEO, Adib Youssef Al-Aama, discussed financing grain and oil purchases and expanding programs to support strategic reserves and supply chains.

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