Coach Laurent Blanc

Egypt: ITFC earmarks $1.1bn for energy, internal trade funding in 2020

The International Islamic Trade Finance Corporation, IFTC, has allocated to Egypt $1.1 billion destined to fund the energy sector and internal trade in 2020, Egypt Today reports. Minister of Trade and Industry Nevine Gamea who made the announcement said $700 million of the funding will go to the energy sector, and $400 million to internal […]

Sudan’s despair: no sign of truce, famine looms as war nears one-year anniversary

With Sudan’s war about to enter its second year next week, the country has been embroiled in a fierce conflict with two rival military factions led by powerful generals at loggerheads, with Sudanese civilians suffering the consequences of a one-year bloody conflict with no end in sight. Fighting in Sudan between the Sudanese Armed Forces […]

Morocco receives $275 million in Solidarity Fund against catastrophic events

A parametric insurance pool, facilitated by reinsurance broker Gallagher Re, paid out $275 million to Morocco’s Solidarity Fund against Catastrophic Events (FSEC), responding to the 7-magnitude earthquake that rattled Al-Haouz region on September 8, 2023, Middle East Insurance Review reported earlier this month. The insurance broker confirmed last year that it was in touch with […]