SAUDI ARABIASAUDI ARABIA | News

The Islamic Corporation for the Development of the Private Sector (ICD) announces the signing of a bilateral agreement with Sumitomo Mitsui Banking Corporation (SMBC)

12 April 2018

Jeddah, 12 Avril 2018 - The Islamic Corporation for the Development of the Private Sector (ICD), the private sector arm of Islamic Development Bank (IDB) Group, and Sumitomo Mitsui Banking Corporation Europe Limited, a subsidiary of Sumitomo Mitsui Banking Corporation (SMBC) have signed a bilater

The Islamic Corporation for the Development of the Private Sector (ICD) announces the signing of a bilateral agreement with Sumitomo Mitsui Banking Corporation (SMBC)

ICD Board of Directors names Al Ammari as Acting CEO and General Manager following departure of Al Aboodi

01 February 2018

Jeddah, 12 Feb 2018 – The Board of Directors of the Islamic Corporation for the Development of the Private Sector (ICD) named Mr. Mohammed Al Ammari as Acting CEO & General Manager, succeeding Mr. Khaled Al Aboodi, who has recently been appointed to lead the government-owned Saudi Agric

ICD Board of Directors names Al Ammari as Acting CEO and General Manager following departure of Al Aboodi

ICD Sign a MoU with JANA to Test New Banking Model

22 January 2018

Jeddah – Saudi Arabia – January 22, 2018
 
The Islamic Corporation for the Development of the Private Sector (ICD), the private sector arm of Islamic Development Bank (IDB) Group, signs today a Memorandum of Understanding (MOU) with JANA Bena’a Productive Fami

ICD Sign a MoU with JANA to Test New Banking Model

ICD and IIML sign a joint venture Shareholder Agreement to establish a US$1bn Infrastructure Financing Fund focused on Africa

22 January 2018

Jeddah, 22 January 2018 – The Islamic Corporation for the Development of the Private Sector (ICD), the private sector arm of the Islamic Development Bank Group (IsDB), and the IL&FS Investment Managers Limited (IIML), the private equity arm of IL&FS Group, signed a Shareholder Agree

ICD and IIML sign a joint venture Shareholder Agreement to establish a US$1bn Infrastructure Financing Fund focused on Africa

ICD and African Export-Import Bank (Afreximbank) sign First-ever Line of Financing agreement

24 December 2017

Jeddah, December 24, 2017. The Islamic Corporation for the Development of the Private sector (ICD) and the African Export-Import Bank (Afreximbank) signed a Line of financing agreement for a USD 100-million facility.
The USD 100-million line of financing facility will be utilized by Afrexi

ICD and African Export-Import Bank (Afreximbank) sign First-ever Line of Financing agreement