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Egypt-ITFC Export Talks

Egypt-ITFC Export Talks

Egyptian Minister of Investment and Foreign Trade Mohamed Farid discussed cooperation on export financing, support for startups, and the development of investment zones with Adib Yousif Al-Aama, CEO of the International Islamic Trade Finance Corporation. They also discussed using technology and artificial intelligence in trade. The talks covered support for the fintech and trade regulatory sandbox, financing for exporting companies and startups, expanding export-related factoring, and developing between 15 and 20 investment zones ranging in size from 20 to 80 feddans. The corporation expressed its readiness to expand cooperation through Egypt’s 2026–2027 country program and to design financing and training programs to help companies enter new markets and boost exports.

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