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
KARACHI: The Sindh government is set to launch the Lyari Transformation Project this year to…
Islamabad: The Capital Development Authority (CDA) has added two major infrastructure initiatives to its latest…
Islamabad / Northern Pakistan: A 5.6 magnitude earthquake struck parts of northern Pakistan on Friday,…
Islamabad: National Highway Authority (NHA) Chairman Muhammad Sheheryar Sultan has announced that the authority has…
Lahore: In a landmark development, the Punjab Environment Department has issued its first-ever comprehensive environmental…
Islamabad, Oct 13: The Islamabad district administration has clarified that all roads in the federal…