The Islamic Development Bank Group (IsDB Group) (www.IsDB.org) will host a Private Sector Forum to be organized by the Islamic Sector Development Group’s private sector institutions in collaboration with the Ministry of Planning and Economic Development of Egypt on June 2-4, 2022. in Sharm el-Sheikh (Egypt) on the sidelines of the annual meetings of the IDB Board of Governors.

The main goal of the Forum is to provide a unique platform for networking and establishing business relationships and partnerships with other leading representatives and stakeholders from the business community to share their experiences, success stories and best practices, jointly exploring investment and trade opportunities. proposed by member countries. The forum will also cover IsDB Group’s activities, services and initiatives in member countries, including Egypt (investment, trade and insurance). Also to highlight the role of the IsDB Group in promoting PPP projects and promoting IsDB Group services to private sectors interested in investing in Egypt. It will also connect the business community in member countries by organizing parallel scheduled B2B and B2G meetings. The forum will bring together more than 2,500 participants from various sectors around the world, such as government officials, chairmen, presidents and CEOs of local and international companies, multilateral and financial institutions, chambers of commerce, business associations, investment promotion agencies, individual investors . , entrepreneurs, hundreds of politicians and decision-makers, as well as their Excellencies the heads of the Islamic Development Bank and other participants from various sectors from around the world will take part and participate in the forum.

The forum will also witness high-level speakers who will join and share their deep views with the CEOs of IsDB Group Entities: Mr. Osama Kaisi, CEO of Islamic Investment and Export Credit Insurance Corporation (ICIEC); Mr. Ayman Sejini, CEO of the Islamic Corporation for Private Sector Development (ICD) and Eng. Hani Salem Sunball, CEO of the International Islamic Financial Trade Corporation (ITFC).

For more information, visit the event website: www.IsDBg-psf.org

Distributed by APO Group on behalf of the Islamic Development Bank Group (IsDB Group).

Contact:
Islamic Investment and Export Credit Insurance Corporation (ICIEC)

Rania Binhimd
Communications Planner
[email protected]

Website:
Islamic Private Sector Development Corporation (ICD):
icd-ps.org

Social networks:
Twitter: @ICD_PS
LinkedIn: ICD_PS
Facebook: @icdps
YouTube: ICD_PS _TV

Contact us:
International Trade and Finance Corporation (ITFC)

Twitter: @ITFCCORP
Facebook: @ITFCCORP
Linkedin: International Islamic Trade Finance Corporation (ITFC)
Tel: +966 12 646 8337
Fax: +966 12 637 1064
Email: [email protected]

Islamic Development Group (THIQAH) Business Forum
Email: [email protected]
Twitter: @IDBGTHIQAH
Facebook: @IDBGTHIQAH
LinkedIn: IsDB Group Business Forum – THIQAH

About the Islamic Development Bank (ISDB):
The Islamic Development Bank is a multilateral development bank that works to improve the lives of those it serves by promoting social and economic development in Muslim countries and communities around the world and making changes on a larger scale.

Through collaboration between communities in its 57 member countries, the Bank seeks to equip communities to achieve their own economic and social progress on a large scale, as well as to build the infrastructure to enable them to realize their potential.

The Bank’s new business model of “forcing markets to develop” enhances the competitiveness of our member countries in strategic areas to improve participation and modernize global value chains. These are in the food and agricultural industries, textiles, clothing, leather, footwear, petrochemicals and petroleum, construction and Islamic finance.

The Bank also promotes innovative and sustainable solutions to the world’s major development challenges and uses scientific potential in technology and innovation as strategic drivers of economic growth, and we are also working to achieve the United Nations Sustainable Development Goals.

About the Islamic Investment and Export Credit Insurance Corporation (ICIEC):
ICIEC is a member of the Islamic Development Bank (IsDB) group. ICIEC was founded in 1994 to strengthen economic relations between UCP member states. For 27 years, ICIEC has insured more than $ 78 billion in trade and investment. $ 62.3 billion is in support of exports and imports, and $ 15.6 billion is foreign direct investment in ICIEC member countries. ICIEC has an Aa3 rating from Moody’s. ICIEC coverage has been provided to its 47 member countries around the Muslim world, helping their economic prosperity, development and diversification. ICIEC is recognized as the predominant function of trade and investment to foster sustainable economic development in member countries, facilitate trade and investment between member countries and the world through Sharia-compliant risk reduction solutions and tools. www.ICIEC.IsDB.org

About the Islamic Private Sector Development Corporation (ICD):
The Islamic Private Sector Development Corporation (ICD) is a multilateral organization affiliated with the Islamic Development Bank (ISDB). The registered capital is $ 4 billion, of which $ 2 billion is available for subscription. Its shareholders consist of the IDB, 55 member countries and five public financial institutions. The Jeddah-based ICD was founded by the IsDB Board of Governors during its 24th annual meeting, held in Jeddah in Rajab 1420H (November 1999).

The ICD’s mandate is to support the economic development of member countries by providing financial assistance to private sector projects in accordance with Sharia principles aimed at creating employment opportunities and enhancing their export potential. In addition, the ICD has a mandate to mobilize additional resources for projects and encourage the development of Islamic finance. It also attracts co-financiers for its projects and provides advice to governments and private sector groups on policies aimed at encouraging the creation, expansion and modernization of private enterprises, developing capital markets, better governance and enhancing the role of the market economy. ICD operations complement IDB activities in member countries as well as national financial institutions.

About the International Trade Finance Corporation (ITFC):
The International Islamic Financial Trade Corporation (ITFC) is a member of the Islamic Development Bank (IsDB) group. It was created with the main goal of improving trade between UCP member states, which will ultimately contribute to the main goal of improving the socio-economic conditions of people around the world. Launched in January 2008, ITFC has provided more than $ 55 billion in funding to OIC member countries, making it a leading provider of trading solutions to the needs of these member countries. With a mission to become a catalyst for trade development for riot police and beyond, the Corporation helps entities in member countries gain better access to trade finance and provides them with the necessary tools to build trade capacity that will enable them to compete successfully in the global market.

About the Islamic Development Group (THIQAH) Business Forum:
The Islamic Development Group (THIQAH) Business Forum is an IsDB window that facilitates contacts and coordination between IsDB stakeholders and private sector firms and related institutions in IsDB member countries. THIQAH’s main goal is to create a unique platform for effective dialogue, cooperation and inclusive partnership for business leaders who strive to partner in promising investment opportunities. Through the facilitation and role of the catalyst, THIQAH will use IsDB Group’s resources to offer the necessary services and trust to investors and establish strategic partnerships with private sector leaders. The focus will be on maximizing cross-border investment between member countries, which will be supported by IsDB Group’s financial products and services. (www.IDBgbf.org)

This press release was published by APO. The content is not controlled by the African Business Editorial Team, and the content has not been reviewed or validated by our editorial teams, proofreaders or factual verifications. The issuer is solely responsible for the content of this notice.

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