Cairo – Mubasher: The Egyptian Ministry of Investment and International Cooperation revealed that its portfolio with the Islamic Development Bank (IsDB) reached $21.6 billion, including $10 billion with the International Islamic Trade Finance Corporation (ITFC), according to a statement.
Egypt has signed five framework agreements worth $10 billion with ITFC, the CEO of ITFC, Hani Sonbol, said during his meeting with the investment minister Sahar Nasr.
Sonbol remarked that the ITFC is looking to diversify its investments in Egypt away from oil and basic commodities sectors.
