Supervisor Elham AbolFateh
Editor in Chief Mohamed Wadie

ITFC signs $2 bln agreement to support provision of petroleum products 


Sat 08 Sep 2018 | 12:33 AM
Taarek Refaat

CAIRO, SEPT 7 (SEE)- Minister of Investment Sahar Nasr and Minister of Petroleum Tarek Al-Mulla witnessed the signing of an executive agreement to support the provision of petroleum products worth $ 2 billion.

Hani Salem Sonbol, CEO of the International Islamic Trade Finance Corporation (ITFC) signed the agreement with the Chief Executive Officer of the Petroleum Authority Abed Ezz al-Ghanim.

This comes in the framework of the agreement signed between the Ministry of Investment and the ITFC worth $ 3 billion to support the provision of essential commodities.