Global Trade Alert
Global Trade Alert

Egypt: USD 1.6 billion funding from Islamic Development Bank to enhance private sector participation in economic activities.

Announcement

04 Feb 2025

On 4 February 2025, the Egyptian Government and the Islamic Development Bank IsDB signed two agreements worth USD 1.6 billion in funding to enhance private sector participation in economic activities. 

Source

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Number of interventions

2

2 certainly harmful

0 likely harmful

0 liberalising

List of interventions

Implementation date

04 Feb 2025

Revocation date:

No revocation date

Updated: 04 Feb 2025
State aid, unspecified In force

On 4 February 2025, the Egyptian Government and the Islamic Corporation for the Development of the Private Sector (ICD) allocated USD 100 million to financial institutions to support the financing ...

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Updated: 04 Feb 2025
State aid, unspecified In force

On 4 February 2025, the Egyptian Government and the International Islamic Trade Finance Corporation (ITFC) signed an agreement to fund the Egyptian General Petroleum Corporation (EGPC) with USD 800...

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