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ITFC January launch
- Saudi Arabia: Saturday, December 01 - 2007 at 07:25
The International Islamic Trade Finance Corporation (ITFC), a member of the Jeddah based Islamic Development Bank (IDB) Group, will officially launch operations on January 10. The ITFC, which was first unveiled in February, has been established to consolidate the IDB's trade finance activities. It is hoped trade between IDB member countries will rise from 14% to 20% by 2015.
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