First Islamic trade finance workshop in Uzbekistan

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Updated 21 May 2018
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First Islamic trade finance workshop in Uzbekistan

The International Islamic Trade Finance Corporation (ITFC), a member of the Islamic Development Bank Group, Ministry for Foreign Trade of the Republic of Uzbekistan and United Nations Development Program (UNDP) in Uzbekistan have come together for the first trade finance workshop titled “Trade Finance as a Key Factor in Trade Promotion.”
“ITFC is aspiring to play a pivotal role in the development of Islamic trade finance in Uzbekistan. ITFC and the government of Uzbekistan signed a $100 million framework agreement to finance pre-export and import activities in the country. ITFC is gearing up to work with its partners, namely, the UNDP and Turk Eximbank to promote Islamic trade finance among the Uzbek banks and non-banking financial institutions,” said Nazeem Noordali, chief operating officer, ITFC.


Ascott Jeddah supports World Kidney Day

Staff members from Ascott Tahlia Jeddah, Ascott Sari Jeddah, Citadines Al-Salamah Jeddah and Spectrums Residence Jeddah visited the Hisham Attar Center for dialysis, to spend time with 70 patients.
Updated 18 March 2019
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Ascott Jeddah supports World Kidney Day

In light of National Kidney Month observed in March, The Ascott Limited joined forces with Albir Society Jeddah to observe World Kidney Day, on Thursday.

Staff members from Ascott Tahlia Jeddah, Ascott Sari Jeddah, Citadines Al-Salamah Jeddah and Spectrums Residence Jeddah visited the Hisham Attar Center for dialysis, to spend time with 70 patients, who were presented a flower and a gift from the properties.

Further supporting the cause, a dedicated Albir Society stand has been set up in the lobby of the four properties from March 13th to 20th, enabling a financial contribution from both staff and guests, as Ascott aims to raise support for the organization.

Vincent Miccolis, Ascott’s regional general manager for Middle East, Africa and Turkey, said: “We’re proud to support this important cause across Ascott Jeddah and enable both staff and guests to get involved. All Ascott Jeddah staff wore a green ribbon on their uniforms for the month of March, further driving awareness and showing their commitment to the cause. CSR initiatives form a core component of Ascott’s operations, and we’re pleased to be able to support the Albir Society Jeddah.”

World Kidney Day is annually observed on second Thursday in March. This year, it fell on March 14. The day is marked to raise awareness about kidney health and its relation to our overall health. This year, the theme of World Kidney Day was “Kidney Health For Everyone Everywhere.”

According to National Health Portal, chronic kidney disease is the sixth fastest growing cause of death. Around 850 million people worldwide are now estimated to have kidney diseases due to various causes. Around 1.7 million people are estimated to die annually due to acute kidney injury globally.

The Ascott Limited is a Singapore company that has grown to be one of the leading international lodging owner-operators. It has more than 58,000 operating units in key cities of the Americas, Asia Pacific, Europe, the Middle East and Africa, as well as over 42,000 units, which are under development, making a total of more than 100,000 units in over 660 properties.

The company’s serviced residence and hotel brands include Ascott, Citadines, Somerset, Quest, The Crest Collection, lyf, HARRIS, FOX HARRIS, YELLO, POP!, Préférence and HARRIS Vertu.