
ITFC Participates in Uzbekistan Trade Finance Conference 2025
The International Islamic Trade Finance Corporation (ITFC), a member of the Islamic Development Bank (IsDB) Group, took part in the Uzbekistan Trade Finance Conference 2025, held on Friday in Tashkent.
The conference aimed to spotlight Uzbekistan's investment potential and foster connections within its business community. It served as a platform to attract foreign investors, financial institutions, and companies exploring opportunities in the Uzbek market.
Key sessions covered a range of topics, including future investments, technological innovation, finance, the role of business in society, green energy, supply chain dynamics, and sustainable development in Central Asia.
Throughout the event, ITFC shared insights on its role in strengthening trade resilience across the region. By providing Shariah-compliant financial solutions, ITFC supports SMEs, enhances capital access, and promotes inclusive economic growth.
Since 2019, ITFC has invested over $700 million in Uzbekistan's private sector, contributing to trade expansion, food security, green initiatives, and overall business development.
Related Topics :
Saudi Arabia's Cultural Development Fund to Showcase Cultural Innovation at Expo 2025 Osaka
Saudi Arabia to Participate in 1st Round of Free Trade Agreement between GCC, Turkey
Bloomberg: Saudi Arabia Becomes New China in Attracting Investors
Saudi Arabian-African Economic Conference to be Launched Next Thursday
Short link :
Post Views: 5
Hashtags

Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles


Arab News
6 days ago
- Arab News
Saudi Pavilion at Osaka Expo attracts a million visitors
The Saudi Arabia Pavilion at Expo 2025 Osaka has welcomed more than a million visitors since opening on April 13. Designed by Foster + Partners, the pavilion, which the second largest after Japan, is a display of the Kingdom's culture and heritage. It features more than 700 events, including live performances and dance shows. The award-winning pavilion shares Saudi Arabia's transformative journey under Vision 2030, highlighting the kingdom's innovation and technological modernization. Additionally, the pavilion offers an exciting visitor journey by means of seven immersive rooms and galleries where guests can see up close the Kingdom's global impact. 'We are honored to mark this significant milestone and the Saudi Arabia pavilion's success in reaching one million visitors, which underscores Saudi Arabia's commitment to showing its transformation under Vision 2030 and inviting the world to experience its heritage and foster cultural exchange,' said Ghazi Faisal Binzagr, Saudi Arabia's ambassador to Japan and commissioner general of the Saudi Arabia Pavilion. 'As we move towards reaching the next million, the pavilion remains committed to inspiring visitors to learn about Saudi Arabia's achievements, and we look forward to deepening impact and welcoming the world. Our participation in Expo 2025 Osaka embodies our strong relationship with Japan, marking 70 years of diplomatic relations this year. 'As we journey towards Expo 2030 in Riyadh, we will leave a legacy here in Osaka. Expo 2030 Riyadh will be a testament to Saudi Arabia's transformation as a global destination — and we are eager to welcome the world to Saudi Arabia,' he added. The full program of events for the Saudi Pavilion at Expo 2025 Osaka is available on the official website. • This article also appears on Arab News Japan


Leaders
20-06-2025
- Leaders
Georgian Prime Minister Meets CEO of Saudi Fund for Development
Prime Minister of Georgia, Irakli Kobakhidze, held a meeting with Sultan bin Abdulrahman Al-Marshad, CEO of the Saudi Fund for Development (SFD). As part of his visit, Al-Marshad also met with key Georgian officials, including First Vice Prime Minister and Minister of Economy and Sustainable Development Levan Davitashvili, Minister of Finance Lasha Khutsishvili, and Minister of Infrastructure Revaz Sokhadze. The meetings centered on strengthening development cooperation between Georgia and the SFD. Discussions focused on supporting and financing projects across multiple sectors to drive growth and unlock strategic opportunities within the country. Related Topics : Saudi Arabia's Cultural Development Fund to Showcase Cultural Innovation at Expo 2025 Osaka A Look into the Tasks of Saudi National Development Fund Chambers Federation Discusses Launch of Georgian Bank in Saudi Arabia Saudi Crown Prince receives Georgia's Prime Minister in Riyadh in an official session of talks Short link : Post Views: 1 Related Stories


Saudi Gazette
17-06-2025
- Saudi Gazette
Al-Jadaan: Saudi Arabia is working with all to eradicate energy poverty
Saudi Gazette report VIENNA — Saudi Minister of Finance Mohammed Al-Jadaan said that multilateral development banks must provide concessional financing to accelerate the response to the needs of regions suffering from energy insecurity. During his speech at the inaugural session of the fourth Development Forum of OPEC Fund for International Development in Vienna on Tuesday, he emphasized that Saudi Arabia is working with everyone to enhance energy security and eradicate energy poverty, while continuing its efforts to combat climate change. Al-Jadaan praised the "My Mission 300" initiative, co-led by the World Bank and the African Development Bank, which aims to provide energy access to 300 million people in Africa by 2030, with significant contributions from partners such as the Islamic Development Bank and the OPEC Fund for International Development. Al-Jadaan also lauded the Forward 7 Clean Fuel Solutions for Food initiative, one of the Green Middle East initiatives announced by Saudi Arabia, which aims to provide clean fuel solutions to millions of people around the world. He pointed to cooperation with key partners in this sector, such as the OPEC Fund for International Development, the Islamic Development Bank, the World Bank, and the International Islamic Trade Finance Corporation. Al-Jadaan addressed the importance of reducing investment risks in the energy sector to stimulate private sector participation. "This can be achieved through a range of tools such as partial risk guarantees, political risk insurance, and blended financing structures," he said while emphasizing that these tools contribute to reducing expected risks and enhancing project bankability, especially in low-income or high-risk countries. Al-Jadaan called for increased investment in emerging technologies in the energy sector, such as carbon capture, utilization, and storage (CCUS), and the development of more sustainable uses of hydrocarbons such as gas. He noted that this contributes to addressing carbon emissions and ensuring energy security during the transition to net-zero. Al-Jadaan noted that the repercussions of energy poverty know no boundaries and affect all countries through economic instability, increased migration pressures, and increased humanitarian burdens. He stated that the Kingdom has set an ambitious goal of generating 50 percent of its electricity needs from renewable sources by 2030 and achieving net-zero emissions by 2060. This is within the framework of the circular carbon economy model. The Development Forum, under the theme "A transition that empowers our tomorrow," will spotlight inclusive growth, climate resilience and the power of South-South cooperation in advancing equitable and sustainable development. OPEC Fund President Abdulhamid Alkhalifa opened the Forum alongside President Mohamed Ould Ghazouani of Mauritania and Minister of Finance Mohammed Al-Jadaan. Senior government officials from across Africa, Asia, the Middle East, Latin American and the Caribbean, along with heads of multilateral institutions, are attending the forum aimed to drive solutions to some of the world's most pressing challenges.