Islamic Corporation for the Insurance of Investment and Export Credit (ICIEC) to organize OIC Business Intelligence Centre (OBIC) Capacity Building Program on Business Intelligence and Information Sharing in Jakarta
This pivotal event will bring together leading experts and practitioners in credit information and business intelligence to explore the role of information sharing and business intelligence in supporting trade and investment decisions across OIC member states.
The event will focus on OBIC's vision and the importance of information sharing for trade and investment, while the Technical Sessions will address digital transformation and business intelligence trends and outlook, emphasizing topics such as the digitalization of SMEs and Investment Promotion Agencies (IPAs) services, with the examples of some platforms like the AMAN Union Database Centre. Additionally, discussions will cover the use of statistical resources for credit, trade, and investment data, along with investment outlooks in OIC countries and data collection and analysis.
Dr. Khalid Khalafalla, CEO of ICIEC, stated, "The OBIC initiative is a transformative step in strengthening the business intelligence landscape across the OIC region. It fosters enhanced information sharing and builds the capacity of member states, laying the foundation for more informed trade and investment decisions. The Jakarta event represents a significant milestone in realizing our vision to create a sustainable, data-driven ecosystem that supports the growth and development of OIC member states."
Distributed by APO Group on behalf of Islamic Corporation for the Insurance of Investment and Export Credit (ICIEC).
Media Contact :
Rania Binhimd,
Strategic Planning and Communications Division|
Email: Rbinhimd@isdb.org
Follow us on:
X : https://apo-opa.co/4gHhvzr
Facebook : https://apo-opa.co/4gKehvb
LinkedIn : https://apo-opa.co/4i0VH2L
YouTube : https://apo-opa.co/42YazL2
Instagram : https://apo-opa.co/4gEWJAF
About The Islamic Corporation for the Insurance of Investment and Export Credit (ICIEC):
ICIEC commenced operations in 1994 to strengthen economic relations between OIC Member States and promote intra-OIC trade and investments by providing risk mitigation tools and financial solutions. The Corporation is uniquely the only Islamic multilateral insurer in the world. It has led from the front in delivering a comprehensive suite of solutions to companies and parties in its 50 Member States. ICIEC, for the 17th consecutive year, maintained an "Aa3" insurance financial strength credit rating from Moody's, ranking the Corporation among the top of the Credit and Political Risk Insurance (CPRI) Industry. Additionally, ICIEC has been assigned a First-Time 'AA-' long-term Issuer Credit Rating by S&P with Stable Outlook. ICIEC's resilience is underpinned by its sound underwriting, reinsurance, and risk management policies. Cumulatively, ICIEC has insured more than US$ 121 billion in trade and investment. ICIEC activities are directed to several sectors - energy, manufacturing, infrastructure, healthcare, and agriculture.
For more information, visit: https://ICIEC.ISDB.org
Hashtags

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


Tourism Breaking News
2 days ago
- Tourism Breaking News
flydubai strengthens strategic growth with 12 new aircraft deliveries in 2025
Post Views: 47 flydubai has taken delivery of seven new aircraft so far in 2025, with a further five Boeing 737 MAX 8s scheduled to join its fleet before the end of the year. These additions form an integral part of the airline's strategic growth plans, enabling the continued expansion of its network, enhancing operational efficiency and increasing capacity on existing routes. The seven new aircraft, received between April and August 2025, have seen the flydubai fleet grow to 93 aircraft. Once all 12 aircraft have been delivered this year, flydubai's fleet will stand at more than 95 aircraft, supporting the carrier's growing network of more than 135 destinations in 57 countries. This expansion continues to open up underserved markets, creating more travel opportunities and further strengthening Dubai's position as a leading global aviation hub. Ghaith Al Ghaith, Chief Executive Officer at flydubai, said: 'The arrival of these new aircraft is a testament to our long-term strategic vision and our confidence in the future of air travel. Our fleet investment supports our mission to offer greater choice, enhanced convenience and improved connectivity for our passengers. These deliveries are part of a backlog extensively delayed in recent years, and despite receiving 12 aircraft this year, we remain 20 aircraft behind our original projections.' 'The continued interest from our financing partners highlights the strength of our business model and our commitment to contributing to the UAE's leadership in global aviation. Looking ahead, these aircraft will enable us to unlock new destinations, optimise our operations and play an even greater role in supporting Dubai's growth as an international aviation hub,' added Al Ghaith. The favourable response to the airline's financing Request for Proposals (RFPs) and its ability to secure competitive financing for these deliveries reflect the strong confidence that global financial institutions and lessors have in flydubai's robust business model and its future growth prospects. The positive appetite from the market underscores the airline's resilience and its role as a key driver in the UAE's aviation sector. Financing for the first seven aircraft received this year has been secured under Islamic financing from Abu Dhabi Islamic Bank (ADIB), conventional debt financing from The National Bank of Ras Al Khaimah (RAKBANK), as well as sale and leaseback transactions with JP Lease Products & Services Co., Ltd (JLPS) and JLPS Ireland Limited.


Filipino Times
2 days ago
- Filipino Times
Flydubai to add 12 aircraft in 2025 but still 20 short of goal
Flydubai will receive 12 new aircraft this year, though it remains 20 planes behind its original delivery projections, the airline's chief executive said Thursday. The Dubai-based carrier has taken delivery of seven Boeing 737 MAX 8s in 2025, with five more expected before year-end, bringing its fleet to 93 aircraft. In a report on Khaleej Times, CEO Ghaith Al Ghaith said the deliveries are part of a backlog that has been delayed in recent years, impacting the airline's expansion plans. Airlines in the UAE and globally have faced delays in aircraft deliveries, with Flydubai noting last year that Boeing's updated schedule had significantly affected its growth strategy. Despite the challenges, Flydubai has added 11 new destinations this year, including Antalya, Al Alamein, Damascus and Peshawar. Four more European destinations — Chisinau, Iasi, Vilnius and Riga — are scheduled to launch between September and December, expanding the carrier's network to more than 135 destinations in 57 countries. Financing for the first seven aircraft delivered this year has come from a mix of Islamic financing through Abu Dhabi Islamic Bank, conventional debt from the National Bank of Ras Al Khaimah, and sale-leaseback agreements with JP Lease Products & Services and JLPS Ireland Limited. Al Ghaith said the additional aircraft will help the airline open new routes, optimize operations and strengthen Dubai's role as an international aviation hub.


UAE Moments
2 days ago
- UAE Moments
Dubai's Heritage Mosques to be Upgraded Under New Strategy
Dubai has launched a forward-looking initiative aimed at merging urban modernization with heritage preservation. A strategic cooperation agreement between Dubai Municipality and the Islamic Affairs and Charitable Activities Department (IACAD) will restore and maintain the emirate's heritage mosques, safeguarding their traditional character and authentic architectural elements. This move embodies Dubai's broader commitment to balancing rapid urban growth with cultural conservation. Under the agreement, Dubai Municipality will lead the restoration of these historical religious sites, ensuring their architectural identity remains intact. Meanwhile, IACAD will uphold operational standards, managing the appointment of imams, muezzins, and preachers, as well as overseeing daily cleaning and religious programming to preserve religious and cultural continuity. A key component of the strategy includes enhancing Eid prayer grounds. These open-air spaces will be upgraded to better accommodate Dubai's expanding urban landscape and population, with upgraded designs and improved readiness to host large-scale gatherings during significant religious observances. The agreement also extends to the improvement of funeral and cemetery services. Dubai Municipality will refine mortuary washing facilities and provide logistical enhancements, while IACAD will ensure that all Shariah-compliant and religious protocols are met, including staffing, training, licensing, and operational oversight. This initiative is part of Dubai's evolving strategy to enhance institutional collaboration and improve residents' quality of life. As expressed by Ahmad Bin Ghalita, Director-General of Dubai Municipality, the agreement reinforces efforts to 'provide high-quality services that benefit the entire community while preserving the authentic character of historic mosques and prayer sites.' Dubai Government's Media Office emphasized the partnership is aimed at 'blending urban progress with heritage conservation.' By forging a unified vision for mosque design and construction, this collaboration sets a blueprint for harmonizing modern infrastructure and deep-rooted cultural identity. The move sends a strong message: as Dubai continues to develop into a global urban hub, it remains deeply committed to preserving its rich religious and architectural heritage.