APO | 9 February 2021
Signing of the Advisory Services Agreement between the Islamic Corporation for the Development of the Private Sector (ICD) and Turonbank, Uzbekistan
Mr. Ayman Amin Sejiny, the CEO of the Islamic Corporation for the Development of the Private Sector (ICD) (www.ICD-idb.org), the private sector arm of the Islamic Development Bank Group (IsDBG), and Mr. Chori Sadibakosovich Mirzaev, Chairman of the Management Board of Turonbank, signed an Advisory Services Agreement in relation to launching of an Islamic Window at the Bank. The intended Islamic Window… Read more on https://icd.africa-newsroom.com/press/signing-of-the-advisory-services-agreement-between-the-islamic-corporation-for-the-development-of-the-private-sector-icd-and-turonbank-uzbekistan?lang=en
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Guinea looks to strengthen agricultural potential
Approximately 85% of Guinea’s population consists of subsistence agriculturalists, and the country is one of the poorest in the world. In an effort to expand the country’s income potential in agriculture, a new partnership has formed under a south-south cooperation umbrella, with Tunisia offering learnings from its own boosting of agricultural exports.
“Our project is the first south-south project in Guinea,” said Guinea Technical Cooperation Agency Director General Patrice Camara, who is coordinating the implementation. “The evolution of the project will allow us to open up to the world and attract the interest of other countries for technical cooperation and economic partnership.”
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Mr. Ayman Amin Sejiny, the CEO of the Islamic Corporation for the Development of the Private Sector (ICD) (www.ICD-ps.org), the private sector arm of the Islamic Development Bank (IsDB), and Mr. Amur Safaraliyevich Djalilov, the CEO of SQB Securities LLC (www.SQBS.uz), signed a MoU for the development of Islamic finance and capital markets in Uzbekistan.
The MoU will cover the following areas of cooperation:
Conduct selective training courses on Islamic finance and its products and services for local banks and financial institutions in Uzbekistan;
Introduce Islamic finance instruments such as Sukuk and other instruments;
Guinea trying out south-south cooperation venture with Tunisia
Trade in Guinea today centres mostly around the export of gold and bauxite, which is used to create aluminum. The country has the world’s largest deposits of the red rock, and aluminum prices are increasing.
But, approximately 85% of Guinea’s population are subsistence agriculturalists, and the country is one of the poorest in the world.
In an effort to expand the country’s income potential in agriculture, a new partnership has formed under a south-south cooperation umbrella, with Tunisia offering learnings from its own boosting of agricultural exports.
“Our project is the first south-south project in Guinea,” said Guinea Technical Cooperation Agency Director General Patrice Camara, who is coordinating the implementation. “The evolution of the project will allow us to open up to the world and attract the interest of other countries for technical cooperation and economic partnership.”
SIGNING OF MOU BETWEEN ICD AND SQB SECURITIES, UZBEKISTAN 26/01/2021 Share
Jeddah, Saudi Arabia, January 2021 – Mr. Ayman Amin Sejiny, the CEO of the Islamic Corporation for the Development of the Private Sector (ICD), the private sector arm of the Islamic Development Bank (IsDB), and Mr. Amur Safaraliyevich Djalilov, the CEO of SQB Securities LLC, signed an MoU for the development of Islamic finance and capital markets in Uzbekistan.
The MoU will cover the following areas of cooperation:
Conduct selective training courses on Islamic finance and its products and services for local banks and financial institutions in Uzbekistan;
Introduce Islamic finance instruments such as Sukuk and other instruments;