Economy
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The General Council for Islamic Banks and Financial Institutions and the Makkah Chamber of Commerce sign a memorandum of understanding to promote Islamic finance and economic development.
Makkah (UNA) – In a strategic move reflecting an ambitious vision for the future of the Islamic financial services industry, the General Council for Islamic Banks and Financial Institutions signed a memorandum of understanding with the Makkah Chamber of Commerce to consolidate…
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Leaders in the Islamic finance industry discuss the future of participation-based investment accounts at the General Council's Islamic Economic Strategic Meeting.
Madinah (UNA) – The General Council for Islamic Banks and Financial Institutions (GCIBFI), the official umbrella organization for the global Islamic finance industry, successfully held its third strategic meeting on Islamic economics under the theme: “Towards Activating Investment Accounts…
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Conference on Initiatives for Achieving Food Security in the Arab World Discusses Financing, Investment, and Innovation
Dubai (UNA/WAM) – The Arab Food Security Initiatives Conference, organized by the Arab Authority for Agricultural Investment and Development under the theme “Sustainability is the path towards…”, kicked off in Dubai today.
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The President of Azerbaijan meets with the Prime Minister and Minister of Foreign Affairs of Qatar in Davos
Baku (UNA/AZERTAC) – Azerbaijani President Ilham Aliyev held a meeting with Qatari Prime Minister and Foreign Minister Sheikh Mohammed bin Abdulrahman bin Jassim Al Thani on Tuesday, January 20, 2025…
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The Secretary General of the Organization of Islamic Cooperation urges the strengthening of trade finance and robust logistics infrastructure.
Casablanca (UNA) – As part of the Organization of Islamic Cooperation's (OIC) efforts to achieve economic integration, the Secretary General of the OIC, Mr. Hussein Ibrahim Taha, stressed at the opening of the 43rd Ordinary Session of the Governing Council…
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The Islamic Corporation for the Development of the Private Sector is providing US$20 million in financing to modernize Jordan's manufacturing sector.
Jeddah (UNA/SPA) – The Islamic Corporation for the Development of the Private Sector (ICD), a member of the Islamic Development Bank Group, has provided medium-term Islamic financing worth US$20 million to Applied Plastic Industries Company for Textile Manufacturing…
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The Saudi Minister of Industry and Mineral Resources discusses strengthening economic and industrial integration with the Republic of Tunisia.
Riyadh (UNA/SPA) – The Minister of Industry and Mineral Resources of the Kingdom of Saudi Arabia, Mr. Bandar bin Ibrahim Al-Khorayef, held a meeting today with the Minister of Economy and Planning of the Republic of Tunisia, Dr. Samir Abdelhafidh,…
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The twelfth session of the Saudi-Tunisian Joint Committee begins in Riyadh
Riyadh (UNA/SPA) – The 12th session of the Saudi-Tunisian Joint Committee, organized by the Ministry of Industry and Mineral Resources, commenced today in Riyadh, with the participation of representatives from government agencies on both sides…
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The Islamic Corporation for the Development of the Private Sector is providing $10 million in financing for small and medium-sized enterprises in Uzbekistan.
Jeddah (UNA) – The Islamic Corporation for the Development of the Private Sector (ICD), a member of the Islamic Development Bank Group, signed a $10 million financing facility with Anwar Bank in Uzbekistan aimed at supporting companies…
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The World Health Organization and the Islamic Centre for Development of Trade launch the Islamic Finance Alliance for Global Health
Riyadh (UNA) – The World Health Organization (WHO) and the Islamic Centre for Development of Trade (ICDT) announced the launch of a new Islamic finance alliance for global health. This announcement was made during a high-level roundtable meeting…
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