SAUDI ARABIASAUDI ARABIA | News

ICD Board of Directors names Mr Ayman Sejiny as General Manager (CEO)

09 October 2018

Jeddah, 9 October 2018 – The Board of Directors of the Islamic Corporation for the Development of the Private Sector (ICD) in its 91st Meeting held on 3/9/2018 approved appointment of Mr. Ayman Amin Sejiny, as General Manager (CEO) of ICD.
Dr. Bandar Hajjar, the President of IsDB and

ICD Board of Directors names Mr Ayman Sejiny as General Manager (CEO)

Saudi launches primary dealer scheme with USD925mln sukuk issue

29 July 2018

Saudi Arabia has begun selling local currency government bonds through a new "primary dealer" scheme designed to increase demand for the debt and widen the range of investors holding it, the Ministry of Finance said.

The ministry's Debt Management Office issued SAR3.5bln (

Saudi launches primary dealer scheme with USD925mln sukuk issue

Saudi women driving 'to create 500,000 jobs in 10 years

01 July 2018

Saudi businesswomen expect that the lifting of the ban on women driving would create more job opportunities for women as the move will facilitate their employment and will reflect positively on their social life.

Abeer Al-Baluchi said economic projections show that the driving decision

Saudi women driving 'to create 500,000 jobs in 10 years

ICD Acts as a Catalyst in Africa’s Development Agenda

20 June 2018

The private sector arm of the Islamic Development Bank (IsDB) Group, the Islamic Corporation for the Development of the Private Sector (ICD) aims at developing its member countries’ private sector by offering solutions that create a healthy, vibrant and competitive private sector. The main

ICD Acts as a Catalyst in Africa’s Development Agenda

MOBILIZATION OF PRIVATE FINANCE BY MULTILATERAL DEVELOPMENT BANKS AND DEVELOPMENT FINANCE INSTITUTIONS

07 June 2018

(ORGINAL ARTICLE FROM IFC)

More than $160 billion in private investment was mobilized by Multilateral Development Banks (MDBs) and Development Finance Institutions (DFIs) in 2017. The number—which demonstrates the potential of these organizations in the global efforts to promote i

MOBILIZATION OF PRIVATE FINANCE BY MULTILATERAL DEVELOPMENT BANKS AND DEVELOPMENT FINANCE INSTITUTIONS