news

Egypt signs loan agreement to support food and energy security

By CityCalc Newsroom · Thu May 14 2026 · Source: AGBI

Egypt has signed a $1.5 billion loan agreement with the Jeddah-based International Islamic Trade Finance Corporation (ITFC) to support food and energy security amid the ongoing Iran conflict. The General Authority for Supply Commodities (GASC) will receive $700 million, while th…

Egypt has signed a $1.5 billion loan agreement with the Jeddah-based International Islamic Trade Finance Corporation (ITFC) to support food and energy security amid the ongoing Iran conflict. The General Authority for Supply Commodities (GASC) will receive $700 million, while th…

Curated by CityCalc from AGBI. Read the full article at the source.

Related articles

Continue exploring