{"id":592029,"date":"2019-12-24T04:25:01","date_gmt":"2019-12-24T04:25:01","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2019\/12\/24\/itfc-to-fund-edas-egyptian-exports-support-program\/"},"modified":"2019-12-24T04:25:01","modified_gmt":"2019-12-24T04:25:01","slug":"itfc-to-fund-edas-egyptian-exports-support-program","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2019\/12\/24\/itfc-to-fund-edas-egyptian-exports-support-program\/","title":{"rendered":"ITFC to fund EDA\u2019s Egyptian exports support program"},"content":{"rendered":"<p><strong>ITFC to finance EDA\u2019s programs that aim to promote Egyptian exports: <\/strong>The International Islamic Trade Finance Corporation (ITFC) has reportedly agreed to finance some of the Export Development Authority\u2019s (EDA) programs that seek to promote Egyptian exports to African markets in the next three years, <a href=\"https:\/\/www.egypttoday.com\/Article\/3\/78943\/ITFC-finances-programs-of-promoting-Egypt-s-exports-to-Africa\">Egypt today reports<\/a>. The size and timeline of the financing were not disclosed. The agreement was concluded in a recent meeting in Jeddah. Egypt<a href=\"https:\/\/enterprise.press\/stories\/2019\/12\/05\/egypt-signs-usd-1-1-bn-funding-agreement-with-itfc-7834\/\">had signed<\/a> in early December a USD 1.1 bn funding agreement with ITFC to help it import petroleum products and food in 2020 as part of a USD 3 bn agreement between Egypt and ITFC signed in January 2018.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>ITFC to finance EDA\u2019s programs that aim to promote Egyptian exports: The International Islamic Trade Finance Corporation (ITFC) has reportedly agreed to finance some of the Export Development Authority\u2019s (EDA) programs that seek to promote Egyptian exports to African markets in the next three years, Egypt today reports. The size and timeline of the financing [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"single-feature.php","format":"standard","meta":{"_acf_changed":false,"newspack_ads_suppress_ads":false,"newspack_popups_has_disabled_popups":false,"newspack_sponsor_sponsorship_scope":"","newspack_sponsor_native_byline_display":"inherit","newspack_sponsor_native_category_display":"inherit","newspack_sponsor_underwriter_style":"inherit","newspack_sponsor_underwriter_placement":"inherit","ep_exclude_from_search":false,"_primary_brand":0,"newspack_featured_image_position":"","newspack_post_subtitle":"","newspack_article_summary_title":"Overview:","newspack_article_summary":"","newspack_hide_updated_date":false,"newspack_show_updated_date":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[9285],"tags":[2398,72,845],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-592029","post","type-post","status-publish","format-standard","hentry","category-diplomacy-foreign-trade","tag-diplomacy-foreign-trade","tag-enterpriseam","tag-international-islamic-trade-finance-corporation","wpautop","entry"],"acf":{"mongo_id":"42a7e433-f810-4666-b299-c3f729518d22","is_powered_by":true,"story_type":"1","photo_url":"","photo_position":"above","related_issue":[592004],"teaser":"","voice_url":""},"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.1 (Yoast SEO v27.1.1) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>ITFC to fund EDA\u2019s Egyptian exports support program - EnterpriseAM Egypt<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/enterpriseam.com\/egypt\/2019\/12\/24\/itfc-to-fund-edas-egyptian-exports-support-program\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"ITFC to fund EDA\u2019s Egyptian exports support program\" \/>\n<meta property=\"og:description\" content=\"ITFC to finance EDA\u2019s programs that aim to promote Egyptian exports: The International Islamic Trade Finance Corporation (ITFC) has reportedly agreed to finance some of the Export Development Authority\u2019s (EDA) programs that seek to promote Egyptian exports to African markets in the next three years, Egypt today reports. The size and timeline of the financing [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2019\/12\/24\/itfc-to-fund-edas-egyptian-exports-support-program\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2019-12-24T04:25:01+00:00\" \/>\n<meta name=\"author\" content=\"enterpriseam admin\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"enterpriseam admin\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2019\/12\/24\/itfc-to-fund-edas-egyptian-exports-support-program\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2019\/12\/24\/itfc-to-fund-edas-egyptian-exports-support-program\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"ITFC to fund EDA\u2019s Egyptian exports support program\",\"datePublished\":\"2019-12-24T04:25:01+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2019\/12\/24\/itfc-to-fund-edas-egyptian-exports-support-program\/\"},\"wordCount\":114,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"keywords\":[\"Diplomacy + Foreign Trade\",\"EnterpriseAM\",\"International Islamic Trade Finance Corporation\"],\"articleSection\":[\"Diplomacy + Foreign Trade\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2019\/12\/24\/itfc-to-fund-edas-egyptian-exports-support-program\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2019\/12\/24\/itfc-to-fund-edas-egyptian-exports-support-program\/\",\"name\":\"ITFC to fund EDA\u2019s Egyptian exports support program - 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Sonbol yesterday met with the planning\u2026","rel":"","context":"In &quot;Development finance&quot;","block_context":{"text":"Development finance","link":"https:\/\/enterpriseam.com\/egypt\/category\/industries\/development-finance\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2023\/1\/387.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":597254,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/07\/21\/itfc-to-provide-usd-50-mn-in-loans-to-egyptian-smes-in-2020\/","url_meta":{"origin":592029,"position":1},"title":"ITFC to provide USD 50 mn in loans to Egyptian SMEs in 2020","author":"enterpriseam admin","date":"21 July 2019","format":false,"excerpt":"ITFC to provide USD 50 mn in SME loans in 2020: The Islamic Trade Finance Corporation (ITFC) will channel a USD 50 mn facility through local banks to finance SMEs in January 2020, CEO Hani Sonbol told Masrawy, without revealing which banks the ITFC will be working with. 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