The International Islamic Trade Finance Corporation (ITFC), the Islamic Corporation for the Development of the Private Sector (ICD), members of the Islamic Development Bank Group (IsDB), and the Kingdom of Morocco signed a tripartite Memorandum of Understanding (MoU). Hani Salem Sonbol, CEO of the International Islamic Trade Finance Corporation and Acting CEO of the Islamic Corporation for the Development of the Private Sector. It also seeks to enhance financing for small and medium-sized companies and transfer expertise on agriculture from Morocco to the countries of the Organization of Islamic Cooperation. This cooperation will enhance economic development and sustainability in the Kingdom of Morocco and will deepen relations between the Islamic Corporation for the Development of the Private Sector and the Kingdom. Distributed by APO Group on behalf of Islamic Corporation for the Development of the Private Sector (ICD).

Source: The Guardian October 13, 2023 00:21 UTC