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Saudi- ITFC and Afreximbank Sign Two Agreements
(MENAFN- Saudi Press Agency)
Jeddah, Rabi'II 05, 1439, December 23, 2017, SPA -- The International Islamic Trade Finance Corporation, a member of the Islamic Development Bank (IDB) Group and the African Export-Import Bank (Afreximbank),has signed two partnership agreements with an amount of $ 100 million and 50 million euro to facilitate and finance the exports among the African countries and between Africa and rest of the world on the other hand.
The two agreements were signed by the CEO of the International Islamic Trade Finance Corporation, Eng. Hani Salem Sonbol, and the Executive Vice President of Business Development and Banking at the African Bank, Amr Kamel, at a ceremony organized by the Arab Bank for Economic Development in Africa on the day before yesterday in the city of Dubai.
--SPA
15:01 LOCAL TIME 12:01 GMT
Jeddah, Rabi'II 05, 1439, December 23, 2017, SPA -- The International Islamic Trade Finance Corporation, a member of the Islamic Development Bank (IDB) Group and the African Export-Import Bank (Afreximbank),has signed two partnership agreements with an amount of $ 100 million and 50 million euro to facilitate and finance the exports among the African countries and between Africa and rest of the world on the other hand.
The two agreements were signed by the CEO of the International Islamic Trade Finance Corporation, Eng. Hani Salem Sonbol, and the Executive Vice President of Business Development and Banking at the African Bank, Amr Kamel, at a ceremony organized by the Arab Bank for Economic Development in Africa on the day before yesterday in the city of Dubai.
--SPA
15:01 LOCAL TIME 12:01 GMT
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