IDB Group private sector institutions organize the 10th edition of the Private Sector Forum

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

The main objective of the Forum is to provide a unique platform to network and build business relationships and partnerships with other leading business representatives and stakeholders to share their experience, success stories and their best practices, while jointly exploring investment and trade opportunities. offered by member countries. The forum will also highlight the activities, services and initiatives of the IDB Group in member countries, including Egypt (investment, trade and insurance). Also, emphasize the role of the IDB Group in promoting PPP projects and promote the services of the IDB Group to private sectors interested in investing in Egypt. It will also connect business communities in member countries by organizing parallel B2B and B2G scheduled meetings. The Forum will bring together more than 2,500 participants from multiple sectors around the world, such as government officials, presidents, presidents and CEOs of local and international companies, multilateral and financial institutions, chambers of commerce and industry, trade associations, investment promotion agencies, individual investors. , entrepreneurs, hundreds of politicians and decision makers, as well as their Excellencies the Governors of the Islamic Development Bank and other participants from various sectors around the world will attend and participate in the forum.

The Forum will also host high caliber speakers who will join and share their in-depth views with the Chief Executive Officers of IsDB Group entities: Mr. Oussama Kaissi, CEO of the Islamic Investment and Credit Insurance Corporation export (ICIEC); Mr. Ayman Sejiny, CEO of Islamic Corporation for Private Sector Development (ICD) and Eng. Hani Salem Sonbol, CEO of the International Islamic Trade Finance Corporation (ITFC).

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

Distributed by APO Group for the Islamic Development Bank Group (IsDB Group).

Contact:
Islamic Corporation for Insurance of Investments and Export Credits (ICIEC)

Rania Binhimd
Communication planner
[email protected]

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

social media:
Twitter: @ICD_PS
LinkedIn: ICD_PS
Facebook: @icdps
YouTube: ICD_PS_TV

Contact us:
International Trade Finance Corporation (ITFC)

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

Islamic Development Bank Group Business Forum (THIQAH)
E-mail: [email protected]
Twitter: @IDBGTHIQAH
Facebook: @IDBGTHIQAH
LinkedIn: IDB Group Business Forum – THIQAH

About the Islamic Development Bank (IDB):
The Islamic Development Bank is a multilateral development bank dedicated to improving the lives of those it serves by promoting social and economic development in Muslim countries and communities around the world and making a difference on a large scale.

Through collaborative partnerships among communities in its 57 member countries, the Bank seeks to equip communities to drive their own economic and social progress at scale, and build the infrastructure to enable them to realize their potential.

The Bank’s new business model of “Making Markets Work for Development” is helping to strengthen the competitiveness of our member countries in strategic industries to improve participation and upgrading in global value chains . This in the field of food and agricultural industries, textiles, clothing, leather, footwear, petrochemicals and oil, construction and Islamic finance.

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

About Islamic Corporation for Insurance of Investments and Export Credits (ICACE):
ICIEC is a member of the Islamic Development Bank Group (IsDB). ICIEC was established in 1994 to strengthen economic relations among OIC member countries. In 27 years, the ICIEC has ensured trade and investment of more than 78 billion dollars. $62.3 billion represents export and import support, while $15.6 billion covers foreign direct investment in ICIEC member countries. ICIEC is rated Aa3 by Moody’s. ICIEC coverage has been provided to its 47 member countries across the Muslim world, aiding their economic prosperity, development and diversification. ICIEC is recognized as the premier catalyst for trade and investment to drive sustainable economic development in member countries, facilitating trade and investment between member countries and the world through trade and investment solutions and tools. Shariah Compliant Risk Mitigation. www.ICIEC.IsDB.org

About Islamic Corporation for Private Sector Development (ICD):
The Islamic Corporation for Private Sector Development (ICD) is a multilateral organization affiliated to the Islamic Development Bank (IDB). Its authorized capital is $4 billion, of which $2 billion is available for subscription. Its shareholders are the IDB, 55 member countries and five public financial institutions. Based in Jeddah, the ICD was established by the Board of Governors of the IDB at its 24th Annual Meeting held in Jeddah at Rajab 1420H (November 1999).

The mandate of the DCI is to support the economic development of its 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. Furthermore, the ICD has the mandate to mobilize additional resources for projects and to 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 to encourage the creation, expansion and modernization of private enterprises, the development of capital markets, best practices in management and strengthening the role of market economies. ICD operations complement IDB activities in member countries as well as those of national financial institutions.

About the International Trade Finance Corporation (ITFC):
The International Islamic Trade Finance Corporation (ITFC) is a member of the Islamic Development Bank (IDB) Group. It was established with the main objective of advancing trade among the OIC member countries, which would ultimately contribute to the overriding objective of improving the socio-economic conditions of people across the world. Commencing operations in January 2008, ITFC has provided over $55 billion in financing to OIC member countries, making it the leading provider of business solutions for the needs of these member countries. With a mission to become a catalyst for trade development for OIC member countries and beyond, the Corporation assists entities in member countries to gain better access to trade finance and provides them with the necessary capacity building tools. trade-related capabilities, which would enable them to compete successfully. in the world market.

About the Islamic Development Bank Group Business Forum (THIQAH):
The Islamic Development Bank Group Business Forum (THIQAH) is the window of the IDB Group that facilitates contact and coordination between relevant entities of the IDB Group and private sector companies and related institutions in member countries of the IDB Group. The main objective of THIQAH is to establish a unique platform for effective dialogue, cooperation and inclusive partnership for business leaders committed to partnering with promising investment opportunities. Through facilitator and catalyst roles, THIQAH will leverage the resources of the IsDB Group to provide the necessary services and confidence to investors and to build strategic partnerships with private sector leaders. The main objective will be to maximize cross-border investments between member countries which will be supported by the IDB Group’s financial products and services. (www.IDBgbf.org)

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