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Fresh financing deal: Egypt gets $1.5 billion from ITFC to finance petroleum & basic commodities imports
The International Islamic Trade Finance Corporation (ITFC) will provide Egypt with $1.5 billion, a new financing agreement earmarked for imports of petroleum and basic commodities. Hani Sonbol, ITFC CEO announced the agreement to Bloomberg Asharq adding that the amount includes $800 million for petroleum imports and $700 million for basic commodities. The new deal is […]
Egyptian army takes control of commodities imports
Egypt’s army has replaced a supply firm to take full control of the imports of strategic commodities such as wheat, in a move that highlights the growing role of the Egyptian armed forces in the economy, Reuters reported. The army will conduct tenders on wheat and other strategic commodities instead of the General Authority for […]
Trisomy: UK Yourgene Health introduces advanced testing in Morocco
UK Yourgene Health company (part of Novacyt group, a leader in molecular diagnostics, has launched the first non-invasive prenatal testing (NIPT) in Morocco at the Centre de Biologie Riad in Rabat. By offering this advanced service, the Moroccan Laboratory can broaden its offering and provide pregnant women fast, reliable results that reduce the need for […]



