Signing of an Agency Agreement between Islamic Corporation for the Development of the Private Sector (ICD) and Islamic Development Bank (IsDB) for Implementation of R2 COVID Support Line of Finance
ICD is offering its expertise in implementation of R2 “Restore Program” COVID-19 Support in the area of Line of Finance transactions
JEDDAH, Kingdom of Saudi Arabia, February 15, 2021/APO Group/
H. E. Dr Bandar Hajjar, the President of the Islamic Development Bank Group (IsDBG) and 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 IsDBG, signed an Agency Agreement for the implementation of IsDB Group’s R2 COVID Support Package, which will assist IsDBG member countries to restore their economies and recover from the impact resulting from the COVID-19 pandemic.
ESCWA, the Arab Gulf Program for Development, the Fifth United Nations Conference,
ESCWA, SDRPY meet with Yemeni govt to support development
The United Nations Economic and Social Commission for Western Asia (
ESCWA) and the Saudi Development and Reconstruction Program for Yemen (SDRPY) held a meeting with the government of Yemen and regional and international partners to back development in Yemen.
The participants included
the Arab Gulf Program for Development (AGFUND), the Arab Bank for Economic Development in Africa (BADEA), the Islamic Development Bank (IsDB), the Arab Fund for Economic and Social Development and the World Bank, and they discussed development challenges faced by Yemen and requirements for the post-conflict phase.
ESCWA, SDRPY meet with Yemeni govt to support development February 06, 2021
ESCWA and SDRPY held a meeting with the government of Yemen and regional and international partners to back development in Yemen.
ESCWA and SDRPY held a meeting with the government of Yemen and regional and international partners to back development in Yemen.
ESCWA and SDRPY held a meeting with the government of Yemen and regional and international partners to back development in Yemen.
ESCWA and SDRPY held a meeting with the government of Yemen and regional and international partners to back development in Yemen.
ESCWA and SDRPY held a meeting with the government of Yemen and regional and international partners to back development in Yemen.
IsDB Group webinar focus on regional trade
JEDDAH, Saudi Arabia, February 4, 2021 Three private sector entities of the Islamic Development Bank (IsDB) recently hosted a webinar under the umbrella of the Arab-Africa Trade Bridges (AATB) Program on key trade finance and investment components aimed at fostering regional trade. The entities included the International Islamic Trade Finance Corporation (ITFC), the Islamic Corporation for the Insurance of Investment and Export Credit (ICIEC) and the Islamic Corporation for the Development of the Private Sector (ICD) in collaboration with IsDB Group Business Forum “THIQAH”. Over 1,000 development institutions, sovereign funds, banks, investment and private equity companies, and key government and corporate sector representatives were in attendance.