ISLAMABAD (PEN) : The 12th private sector forum, organized by the Islamic Development Bank Group, drew to a close in Riyadh. With over 2,000 attendees representing the business community and government officials from 83 nations, the forum served as a vital platform for promoting investment and trade opportunities.
During the four-day event, a total of 53 agreements were inked, amounting to an impressive $6,486 billion. These agreements encompassed various sectors aimed at advancing the economic development of member countries and fostering cooperation in the Arab region. The agreements were also aimed at providing Arab Summit sponsorship to emerging companies.
The primary objective of the forum was to enlighten the business community about the vast investment and trade prospects within member countries. Over 2,000 participants, including government officials, CEOs, and chairmen of local and international companies, engaged in meetings to explore potential investment opportunities and strengthen partnerships.
Meetings were held between the business community and government officials to discuss investment opportunities.
In his address, Dr. Muhammad Al Jasser, chairman of the Islamic Development Bank Group, emphasized the significance of public-private partnerships in driving economic and social development across member nations. He lauded the successful convening of the forum, highlighting its role in paving the way for mutually beneficial public-private partnerships, calling them important for the economic and social development of the member countries.
The participation of delegations from 83 countries underscored the global interest in bolstering economic ties within the Islamic Development Bank Group.
