Tag: Financial Support
IsDB approves $1.12bn for development projects in 9 member countries
The Islamic Development Bank’s (IsDB) Board of Executive Directors has approved a total of $1.12 billion for development projects in various sectors in nine...
Saudi Arabia’s SFD inks deal to finance development project in Senegal
The Saudi Fund for Development (SFD) has entered into a partnership with the Ministry of Senegal in order to financially support the development project...
Sharjah Media City & Funding Souq partner to offer new financing...
Sharjah Media City (Shams) has entered into a strategic partnership with the venture debt platform Funding Souq to expand support for entrepreneurial ventures in...
Saudi Arabia & Pakistan to discuss extending term of $3bn loan
Saudi Arabia and Pakistan will discuss extending the terms of a $3 billion loan in order to help Islamabad's struggling economy.
The statement came after...
Saudi’s SFD inks $19mn deal to finance enterprises in Egypt
The Saudi Grant Management Committee of the Saudi Fund for Development (SFD) has signed three agreements worth $19 million (300 million Egyptian pounds) to...
Oman’s Bank Nizwa extends its financing facilities to Khazaen Dry Port
Oman’s first and leading Islamic financial institution Bank Nizwa has extended financing facilities to Khazaen Dry Port in order to help build the dry...
UAE’s EDB grants $191mn to support industrial sector
UAE’s Ministry of Industry and Advanced Technology (MoIAT) has revealed that the leading financial institution Emirates Development Bank (EDB) has allocated $191 million (AED700...
Dubai SME extends financial support to Global village
Dubai Economy's dedicated agency for the support of the Small and Medium enterprise (SME) sector, Dubai SME has extended $20 million (AED75.6 million) in...
