The OPEC Fund for International Development, OFID, has announced it is contributing $50 million to support Egypt’s purchase of crude oil, petroleum products and liquefied natural gas via a mudaraba.
OFID – the OPEC Fund for International Development – has signed a $50 million unfunded risk-sharing agreement with Natixis., part of Groupe BPCE, France’s second-largest banking group. Under the agreement,.
The 164th Session of the Governing Board of the OPEC Fund for International Development (OFID) has approved over US$270 million of new funding to benefit developing countries across the globe..
