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International Islamic Trade Finance Corporation (ITFC)

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    • Joint African Continental Free Trade Area Implementation Support Project Announces Progress Update
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Source: International Islamic Trade Finance Corporation (ITFC) |

Joint African Continental Free Trade Area Implementation Support Project Announces Progress Update

Project Activities Strengthened Agreement Implementation in Burkina Faso, Guinea, Niger, Senegal, and Togo

The African Continental Free Trade Area Implementation Support Project, a joint project established and funded by the United Nations Economic Commission for Africa (ECA), the Enhanced Integrated Framework (EIF), Islamic Development Bank (IsDB), the International Islamic Trade Finance Corporation (ITFC) (http://www.ITFC-idb.org) and the Trade Development Fund (TDFD), today announced a number of…

International Islamic Trade Finance Corporation (ITFC)

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    • Panel Discussion on Cotton Traceability and Resilience During COP27 (1)
    • Panel Discussion on Cotton Traceability and Resilience During COP27 (2)
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Source: International Islamic Trade Finance Corporation (ITFC) |

The International Islamic Trade Finance Corporation (ITFC) and United Nations Industrial Development Organization (UNIDO) Egypt Host a Panel Discussion on Cotton Traceability and Resilience During COP27

Panel Discussion Showcased Economic Potential of Promoting Sustainable Textile and Cotton Sector in Egypt and Sub-Saharan Africa

On the sidelines of the ongoing 27th United Nations Climate Change Conference (COP 27) in Sharm el Sheikh, the International Islamic Trade Finance Corporation (ITFC) (http://www.ITFC-idb.org), a member of the Islamic Development Bank Group (IsDB), organized a joint session with United Nations Industrial Development Organization (UNIDO) Egypt titled ‘Egyptian and…

International Islamic Trade Finance Corporation (ITFC)

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    • The Arab-Africa Trade Bridges Program Provides Progress Update on Driving Economic Integration Between the Regions
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Source: International Islamic Trade Finance Corporation (ITFC) |

The Arab-Africa Trade Bridges Program Provides Progress Update on Driving Economic Integration Between the Regions

Egypt and Tunisia Country Programs Actions Accelerated and Pharmaceutical Harmonization Initiative Created Momentum in Synchronizing Standards

A year-to-date (YTD) progress report on the Program's primary activities and strategic initiatives was released today by the Arab-Africa Trade Bridges Program (AATB Program), a multi-donor, multi-country, and multi-organizations program that aims to promote and increase trade and investment flows between African and Arab OIC Member Countries. With the mandate…

International Islamic Trade Finance Corporation (ITFC)

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    • Eng. Hani Salem Sonbol on Wednesday 26 October in Riyadh, Saudi Arabia
    • PIF (Public Investment Fund) Announced International Islamic Trade Finance Corporation (ITFC) as a Successful Bidder at the Voluntary Carbon Market Initiative Auction during the Future Investment Initiative Conference in Riyadh
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Source: International Islamic Trade Finance Corporation (ITFC) |

PIF (Public Investment Fund) Announced International Islamic Trade Finance Corporation (ITFC) as a Successful Bidder at the Voluntary Carbon Market Initiative Auction during the Future Investment Initiative Conference in Riyadh

The Public Investment Fund (“PIF” or the “Fund”) announced the auction resulted in 1.4 million tons of carbon credits, in the largest-ever carbon credit sale, according to their resources

The International Islamic Trade Finance Corporation (ITFC) (https://www.ITFC-IDB.org), a member of the Islamic Development Bank (IsDB) Group, today was announced as a successful bidder at the Voluntary Carbon Market Initiative Auction on the First day of the 6th Edition of the Future Investment Initiative (“FII”) in Riyadh. The Public Investment…

International Islamic Trade Finance Corporation (ITFC)

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    • The International Islamic Trade Finance Corporation Maintains Moody’s Flagship A1 Rating with Stable Outlook
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Source: International Islamic Trade Finance Corporation (ITFC) |

The International Islamic Trade Finance Corporation Maintains Moody’s Flagship A1 Rating with Stable Outlook

ITFC's transition to a more leveraged balance sheet was accompanied by enhancements to its liquidity risk-management policy in November 2018

Moody's Investors Service issued its Credit Opinion on the International Islamic Trade Finance Corporation (ITFC) (www.ITFC-IDB.org), a member of the Islamic Development Bank Group (IsDB), and reaffirmed the rating of A1 with stable outlook. The rating is supported by ITFC's ‘Very large capital buffers’, ‘Robust liquidity, reflecting the self-liquidating nature…

International Islamic Trade Finance Corporation (ITFC)

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    • H.E. Oussama Kaissi, CEO of ICIEC, Eng. Hani Salem Sonbol, CEO of ITFC, Dr. Mustafa Madbouli, Prime Minister of Egypt, Her Excellency Dr. Hala Al-Saeed, Minister of Planning and Economic Development, His Excellency, Dr. Mohamed Al-Jasser, President of IsDB Group, Prof. Benedict Oramah, President of Afreximbank, and Her Excellency Nevin Jama, Minister of Trade & Industry
    • H.E. Oussama Kaissi, CEO of ICIEC, Eng. Hani Salem Sonbol, CEO of ITFC, Dr. Mustafa Madbouli, Prime Minister of Egypt, His Excellency, Dr. Mohamed Al-Jasser, President of IsDB Group, Her Excellency Nevin Jama, Minister of Trade & Industry, Her Excellency Dr. Hala Al-Saeed, Minister of Planning and Economic Development, H.E. Dr. Rania Al-Mashat, Minister of International Cooperation
    • Eng. Hani Salem Sonbol, CEO of ITFC, Her Excellency Dr. Hala Al-Saeed, Minister of Planning and Economic Development, Dr. Mustafa Madbouli, Prime Minister of Egypt, His Excellency, Dr. Mohamed Al-Jasser, President of IsDB Group
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Source: International Islamic Trade Finance Corporation (ITFC) |

The International Islamic Trade Finance Corporation Signs Eight Landmark Agreements for Cooperation with the Public and Private Sectors during the 47th IsDB Group Annual Meeting in Egypt

Agreements were signed in the Presence of ’s Prime Minister Dr. Mustafa Madbouly and a Group of Egyptian Ministers and Leading Private Sector Executives

The International Islamic Trade Finance Corporation (ITFC) (www.ITFC-idb.org), a member of the Islamic Development Bank Group (IsDB), today signed eight strategic agreements to cooperate with the public and private sectors.  Four agreements were signed with various Egyptian Ministries as well as four agreements with Cameroon, Senegal, and Uzbekistan, and the…

International Islamic Trade Finance Corporation (ITFC)

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    • Arab-Africa Trade Bridges (AATB) Board of Governors Meeting Concludes with Way Forward to Drive Trade and Investment Flows
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Source: International Islamic Trade Finance Corporation (ITFC) |

Arab-Africa Trade Bridges (AATB) Board of Governors Meeting Concludes with Way Forward to Drive Trade and Investment Flows

The landmark event included a round table discussion on the role of the AATB Program in the implementation of the AfCFTA across both regions

The 3rd Annual Board of Governors (BoG) Meeting of the Arab-Africa Trade Bridges (AATB) Program recently held in Cairo, Egypt, chaired by Dr. Hala ElSaid, Minister of Planning and Economic Development, convened all partners, strategic stakeholders, and public and private sector players in the Program to reinforce the role of…

International Islamic Trade Finance Corporation (ITFC)

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    • During the Last Edition of IATF in Durban, South Africa, The International Islamic Trade Finance Corporation (ITFC) Organized Two Side Events, Under the AATB Program, to Share its Vision and Programs Aiming to Accelerate Trade Across the African Continent
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Source: International Islamic Trade Finance Corporation (ITFC) |

During the Last Edition of IATF in Durban, South Africa, The International Islamic Trade Finance Corporation (ITFC) Organized Two Side Events, Under the AATB Program, to Share its Vision and Programs Aiming to Accelerate Trade Across the African Continent

The week-long event saw the attendance of a diverse audience including government officials, policy-makers, industry leaders and institutional heads from African countries and other regions to discuss trade, the creative industry, Africa’s post-covid economic recovery and the contient’s position on global trade in the perspective of the African Continental Free Trade Area (AfCFTA)

The International Islamic Trade Finance Corporation (ITFC) (www.ITFC-idb.org) joined partners, involved parties in the Arab-Africa Trade Bridges (AATB) Program, strategic stakeholders and public and private sector players for the 2021 edition of the Intra-African Trade Fair (IATF) that took place in the city of Durban in South Africa. The ITFC…

International Islamic Trade Finance Corporation (ITFC)

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    • Roundtable on the Harmonisation of Standards for Pharmaceutical Products and Medical Devices in Africa during IATF 2021 in Durban
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Source: International Islamic Trade Finance Corporation (ITFC) |

Under the Arab Africa Trade Bridges (AATB) Program, ITFC, Afreximbank, BADEA and ARSO organized a High-level Roundtable on the Harmonisation of Standards for Pharmaceutical Products and Medical Devices in Africa during IATF 2021 in Durban

The week-long event brought together government officials, policy-makers, industry leaders and institutional heads from African countries and other regions to discuss the future of of the African Continental Free Trade Area (AfCFTA), trade, health and post-covid economic recovery

The International Islamic Trade Finance Corporation (ITFC) (www.ITFC-idb.org), the African Export-Import Bank (Afreximbank), Arab Bank for Economic Development in Africa (BADEA) and the African Organization for Harmonization (ARSO), Africa Continental Free Trade Area (AfCFTA) Secretariat,  joined other partners and strategic stakeholders for a strategic roundtable on the Harmonisation of Standards for Pharmaceutical products and…

International Islamic Trade Finance Corporation (ITFC)
Source: International Islamic Trade Finance Corporation (ITFC) |

Government of Pakistan and International Islamic Trade Finance Corporation (ITFC) signed New Framework Agreement amounting to US$ 4.5 billion

The Agreement will facilitate identification of other areas of cooperation at country and regional levels and to enhance and promote trade

The International Islamic Trade Finance Corporation (ITFC) (www.ITFC-idb.org) signed a 3-Year Framework Agreement for a cumulative amount of US$4.5 billion with the Government of Pakistan in order to provide financing for the import of essential commodities such as crude oil, refined petroleum products, LNG and urea. Within the context of…