INSEAD Day 4 - 728x90

Borouge okays $656m dividend

The company said dividend reflects its resilience

DEWA posts record H1 profit

Revenue reaches record $4.04 billion.

Tabreed H1 revenue $308m

Blurb: Profit reaches $52 million in H1

ADNOC L&S to expand fleet

It will acquire 11 carriers for $1.3bn.

Empower profit climbs 16%

Dubai district cooling demand lifts earnings

IsDB and OIC keen to boost cooperation

  • IsDB is organizing a forum in Tashkent on Sept. 2 on post-Covid 19 situation.
  • Both institutions will work toward supporting economic and social development in member countries.

DUBAI: The Islamic Development Bank (IsDB) and the Organization of Islamic Cooperation (OIC) have expressed keenness to enhance cooperation to achieve their goals in supporting economic and social development in member states, according to media reports

This transpired after a meeting between Dr. Mohammed Sulaiman Al-Jasser, president of IsDB and the secretary-general-elect of the Organization of Islamic Cooperation, Hussein Ibrahim Taha.

During their meeting, Al-Jasser stressed the IsDB’s keenness to enhance cooperation between the two institutions in order to achieve their goals in supporting economic and social development in member states.

IsDB aims to build collaborative partnerships between communities and nations, across the public and private sectors, the reports said.

As part of an IsDB Group initiative underway, private sector representatives will meet in Tashkent to discuss and share post-pandemic business experiences, the reports said. The forum will be held in the Uzbek capital on Sept. 2 under the theme of “Respond, Restore, Restart: Post-COVID Resilience and Prosperity For All.”

The forum’s main objective is to highlight IsDB Group activities, services, initiatives, and joint solutions in member countries, according to the reports.