{"id":604725,"date":"2018-12-11T04:17:11","date_gmt":"2018-12-11T04:17:11","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2018\/12\/11\/itfc-to-give-egypt-another-usd-3-bn-for-essential-imports-before-end-2019\/"},"modified":"2018-12-11T04:17:11","modified_gmt":"2018-12-11T04:17:11","slug":"itfc-to-give-egypt-another-usd-3-bn-for-essential-imports-before-end-2019","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2018\/12\/11\/itfc-to-give-egypt-another-usd-3-bn-for-essential-imports-before-end-2019\/","title":{"rendered":"ITFC to give Egypt another USD 3 bn for essential imports before end-2019"},"content":{"rendered":"

Egypt lands USD 3 bn to help finance essential imports: <\/b>The International Islamic Trade Finance Corporation (ITFC) will lend Egypt USD 3 bn before the end of next year to be used for imports of petroleum derivatives and basic commodities, ITFC CEO Hani Sonbol told Al Mal<\/a>. This is the second facility of that size the Madbouly government has landed from ITFC in recent months. In September<\/a>, the two sides also signed a USD 3 bn facility, including USD 1 bn to finance the purchase of basic goods and foodstuffs.<\/p>\n","protected":false},"excerpt":{"rendered":"

Egypt lands USD 3 bn to help finance essential imports: The International Islamic Trade Finance Corporation (ITFC) will lend Egypt USD 3 bn before the end of next year to be used for imports of petroleum derivatives and basic commodities, ITFC CEO Hani Sonbol told Al Mal. This is the second facility of that size […]<\/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":[8572],"tags":[317,7106,72,7087,2380,132],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-604725","post","type-post","status-publish","format-standard","hentry","category-speed-round","tag-commodities","tag-debt","tag-enterpriseam","tag-finance","tag-speed-round","tag-trade","wpautop","entry"],"acf":{"mongo_id":"f98613f3-ca24-4ca3-bd13-b5aeab2f3e59","order":"0","is_powered_by":true,"section_story_id":"f5d228db-a8cd-40e5-ab48-837d230ef3b1","story_type":"1","photo_url":"","photo_position":"above","related_issue":[604710],"teaser":"","voice_url":""},"yoast_head":"\nITFC to give Egypt another USD 3 bn for essential imports before end-2019 - 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\/2018\/12\/11\/itfc-to-give-egypt-another-usd-3-bn-for-essential-imports-before-end-2019\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"ITFC to give Egypt another USD 3 bn for essential imports before end-2019\" \/>\n<meta property=\"og:description\" content=\"Egypt lands USD 3 bn to help finance essential imports: The International Islamic Trade Finance Corporation (ITFC) will lend Egypt USD 3 bn before the end of next year to be used for imports of petroleum derivatives and basic commodities, ITFC CEO Hani Sonbol told Al Mal. This is the second facility of that size […]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2018\/12\/11\/itfc-to-give-egypt-another-usd-3-bn-for-essential-imports-before-end-2019\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2018-12-11T04:17:11+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<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2018\/12\/11\/itfc-to-give-egypt-another-usd-3-bn-for-essential-imports-before-end-2019\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2018\/12\/11\/itfc-to-give-egypt-another-usd-3-bn-for-essential-imports-before-end-2019\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"ITFC to give Egypt another USD 3 bn for essential imports before end-2019\",\"datePublished\":\"2018-12-11T04:17:11+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2018\/12\/11\/itfc-to-give-egypt-another-usd-3-bn-for-essential-imports-before-end-2019\/\"},\"wordCount\":98,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"keywords\":[\"commodities\",\"debt\",\"EnterpriseAM\",\"Finance\",\"SPEED ROUND\",\"trade\"],\"articleSection\":[\"Speed Round\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2018\/12\/11\/itfc-to-give-egypt-another-usd-3-bn-for-essential-imports-before-end-2019\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2018\/12\/11\/itfc-to-give-egypt-another-usd-3-bn-for-essential-imports-before-end-2019\/\",\"name\":\"ITFC to give Egypt another USD 3 bn for essential imports before end-2019 - 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The agreement earmarks\u2026","rel":"","context":"In "Development finance"","block_context":{"text":"Development finance","link":"https:\/\/enterpriseam.com\/egypt\/category\/industries\/development-finance\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2022\/2\/220.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":579035,"url":"https:\/\/enterpriseam.com\/egypt\/2023\/01\/23\/another-usd-1-5-bn-from-the-itfc-for-energy-and-commodities-imports\/","url_meta":{"origin":604725,"position":2},"title":"Another USD 1.5 bn from the ITFC for energy and commodities imports","author":"enterpriseam admin","date":"23 January 2023","format":false,"excerpt":"More imports money from the ITFC: The government has signed a fresh USD 1.5 bn financing agreement with the International Islamic Trade Finance Corporation (ITFC) to fund energy and basic commodities imports, according to a tweet by CNBC Arabia citing ITFC CEO Hani Sonbol. Sonbol yesterday met with the planning\u2026","rel":"","context":"In "Development finance"","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":596685,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/07\/04\/itfc-floats-second-trade-financing-agreement-with-egypt-in-2020\/","url_meta":{"origin":604725,"position":3},"title":"ITFC floats second trade financing agreement with Egypt in 2020","author":"enterpriseam admin","date":"4 July 2019","format":false,"excerpt":"ITFC floats USD 3 bn trade financing agreement with Egypt in 2020: The International Islamic Trade Finance Corporation (ITFC) expects to reach a new trade financing agreement with Egypt worth USD 3 bn in 2020, CEO Hany Sonbol said, according to Al Mal. Sonbol told us last week that the\u2026","rel":"","context":"In "Speed Round"","block_context":{"text":"Speed Round","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":591424,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/12\/05\/egypt-signs-usd-1-1-bn-funding-agreement-with-itfc\/","url_meta":{"origin":604725,"position":4},"title":"Egypt signs USD 1.1 bn funding agreement with ITFC","author":"enterpriseam admin","date":"5 December 2019","format":false,"excerpt":"Egypt to get USD 1.1 bn IFTC loan for commodity imports: Egypt has signed a USD 1.1 bn funding agreement with the Islamic Trade Finance Corporation (ITFC) to help it import petroleum products and food in 2020, according to a cabinet statement. The funds are part of a USD 3\u2026","rel":"","context":"In "Speed Round"","block_context":{"text":"Speed Round","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","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":604725,"position":5},"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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