Islamic Corporation for the Development of the Private Sector (ICD)

Company description

The Islamic Corporation for the Development of the Private Sector is a financial institution and is part of Islamic Development Bank Group. It offers finance for private sector projects, promoting competition and entrepreneurship, providing advisory services to governments and encouraging cross border investments. It engages in offering banking equities and non-banking financial equities, the promotion of Islamic finance.Specialties in Development,Financial Services,Restructuring/rehabilitation of companies, Privatization, Securitization, Development of Islamic markets, Advisory, Funds, and SMEs.

Company details

City:
Jeddah
Address:
ICD - P.O. Box 54069 Jeddah 21514 Kingdom of Saudi Arabia Saudi
Email:

Participation in projects

Projects Transactions
List of the updates in which the company was involved

Company updates

  • December 08, 2020

    Alcazar Energy starts operation of 45 MW wind project in Al Shobak

    Alcazar Energy, a renewable energy company based in the Arab region, in partnership with Hecate Energy, has started the operation of its 45 MW wind farm located in a village near Al Shobak in Jordan.&...

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  • December 08, 2017

    EBRD provides debt financing for 45 MW wind project in Jordan

    The European Bank for Reconstruction and Development (EBRD) is providing a US$52 million loan for the construction and operation of a 45 MW wind farm in the Shobak region of Jordan, 160km south o...

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  • October 30, 2017

    Scatec Solar closes financing for 400 MW in Egypt

    Scatec Solar ASA (SSO) and partners have achieved financial close for six solar PV power plants in Egypt totaling 400 MW. A consortium of international Development Finance Institutions is providing a...

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  • October 04, 2017

    EBRD and IDC to finance 50 MW solar project in Aswan, Egypt

    Alfanar Company, a Saudi based electrical power company has announced the signing of facility agreement for US$57 million with the European Bank for Reconstruction and Development (EBRD) and Isla...

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