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Egypt: Abul-Naga - ITFC offers $400 mln to support economy

Posted on 13 March 2012

Minister of Planning and International Cooperation Fayza Abul-Naga has said a framework agreement, under which the International Islamic Trade Finance Corporation (ITFC) offered 400 million dollars to the Egyptian General Petroleum Authority and the General Authority for Supply Commodities.
The agreement comes as part of the current government’s keenness on providing wheat and oil, as two strategic commodities. The corporation is affiliated with the Islamic Development Bank Group………………………………………..Full Article: Source

 
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