ITFC delegation to visit Egypt in September to sign new deals

A delegation from the International Islamic Trade Finance Corporation (ITFC), a member of the Islamic Development Bank, will visit Egypt in September, said the Egyptian export development authority’s head on Saturday.

The Jeddah-based financial institution is expected to sign new agreements with the Egyptian Export Development Authority (EDA), aiming at promoting intra-trade in Africa and enhancing Egyptian exporters’ potentials, EDA chairperson Sherine El Shorbagy told Amwal Al Ghad on Saturday.

Egypt and the ITFC have previously agreed on creating new partnerships with Arab and African countries to maximise the unexploited massive trade potentials there, El Shorbagy said.