Islamabad: Islamabad Chamber of Commerce (ICC) hosted a dinner of the business community on Monday. At the event, the Islamic Development Bank (IDB) President Dr Bander MH Hajjar expressed his keen interest in supporting Pakistan for its economic growth and social uplift. It had already financed a total of $12.43 billion into some key projects like Jamshoro power station, Neelum-Jhelum hydroelectric power project and more.
He revealed that IDB wanted to contribute in the areas of science, innovation, technology, economic empowerment, value chains and public-private partnerships. The IDB delegation also discussed the financing needs of local businesses in order to strengthen the small and medium enterprise (SME) sector. The delegation expressed a strong interest in the setting up of a joint fund with ICCI for supporting SMEs and innovators in business expansion and development.
The delegation included representatives from the International Islamic Trade Finance Corporation (ITFC), Islamic Corporation for the Development of Private Sector (ICD), Islamic Research and Training Institute (IRTI) and Islamic Corporation for Insurance and Export Credit (ICIEC).
For news and updates keep on visiting Graana blog
Swat, famously known as the "Switzerland of Pakistan," is a land of mesmerizing beauty. It is…
Millennials, often referred to as the “financially cautious generation,” are reshaping the investment landscape. Known…
Graanic, Pakistan's premier organic food brand, has officially launched its new restaurant at Mall of…
If you’re looking for a destination that combines breathtaking views, a peaceful ambiance, and unforgettable…
The real estate sector in Pakistan is undergoing significant transformations, and wealth management strategies are…
December 19, 2024— In a significant move, the federal government has announced an increase in…