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Egypt signs $1.5bln loan deal with ITFC to support food, energy security

Egypt and the Islamic Trade Finance Corporation ​signed a $1.5 ⁠billion loan agreement on Wednesday to support food and ‌energy security in the north African country. Since 2008, the ITFC has approved ​over $24 billion in funding for Egypt to finance the energy sector, ​contribute to food security, ​and support small and medium-sized enterprises, ITFC CEO Adib Youssef al Aama said during the signing ⁠ceremony. [...]