Egypt seizes lion’s share of Int’l Islamic Trade Finance Corp’s finances

Egypt captures the lion’s share of the International Islamic Trade Finance Corporation’s funding programmes, according to CEO Waleed Abdulmohsen Al-Wohaib.

The ITFC official further said in a press conference Wednesday that Egypt obtained funding programmes up to US$4 billion in 8 years.

In 2014, the state-run Egyptian General Petroleum Corporation (EGPC) received US$1.7 billion from the ITFC, Al-Wohaib added.