The Islamic Development Bank Group Business Forum — THIQAH and the Bosna Bank International (BBI) entered into a joint strategic collaboration by signing a memorandum of understanding (MoU) to facilitate cooperation between both parties to work closely on promoting and supporting the Sarajevo Business Forum (SBF) on a yearly basis and globally throughout the year.
The MoU was signed between Mohammed Al-Ammari, acting CEO of the Islamic Corporation for the Development of the Private Sector (ICD), the private sector arm of IDB Group (on behalf of THIQAH), and Amer Bukvić, CEO, Bosna Bank International, during a meeting with the Saudi business community on Thursday at THIQAH premises.
The main aim of the SBF is to strengthen business and investment opportunities in the Southeast Europe region with the objective to foster its economic development.
Under the terms of MoU, THIQAH and BBI will share knowledge, information and collaborate on activities such as media outreach to promote SBF in IDB member countries.
Al-Ammari said: “The signing of this MoU represents a step toward wider cooperation between THIQAH and BBI, and the creation of a business networking platform will facilitate the growth of investment opportunities on global level and generate strong and consistent returns.”
