IsDB and ICIEC sign $2 billion worth agreement

IsDB and ICIEC sign $2 billion worth agreement

Jeddah (UNA-OIC) – President of the Islamic Development Bank (IsDB) Group Dr. Bandar Hajjar, and CEO of the Islamic Corporation for the Insurance of Investment and Export Credit (ICIEC) Oussama Kaissi sign the agency agreement on launching IsDB Group innovative $2 billion COVID19 Guarantee Facility. 

After signing the agreement during a virtual meeting on Sunday, IsDB President Hajjar stated that the Facility will help overcome development challenges and attract foreign direct investments (FDIs) to member countries.

 

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