The CEO of the International Islamic Trade Finance Corporation, Eng. Hani Sonbol, met with the Egyptian Minister of Petroleum and Mineral Resources, Eng. Karim Badawi, yesterday.
During the meeting, they discussed ways to enhance cooperation between the Ministry of Petroleum and the International Islamic Trade Finance Corporation.
Since 2008, the Corporation has been supporting the Egyptian petroleum sector and assisting with its development and modernization efforts. This includes providing annual funding to the Egyptian General Petroleum Corporation to help secure purchases of crude oil and petroleum products, especially in light of the challenges posed by recent global events that have impacted the world’s economies.
Source: Saudi Press Agency