Posts Tagged ‘arab microfinance’

IFC’s Sukuk to help Arab markets: Lars Thunell

Microfinance Focus, Nov. 18, 2009: IFC has asserted that strategic investments in Gulf Cooperation Council countries can strengthen financial markets and promote economic development in the Middle East and North Africa. “Our investments in the Gulf Cooperation Council capital markets create opportunities across the region while providing productive outlets for excess savings generated by oil-producing countries,” said Lars Thunell, IFC Executive Vice President and CEO, at ... Full story

Grameen-Jameel institutes microfinance awards for Arab MFIs

Microfinance Focus, Aug. 12, 2009: Arab Microfinance Network Sanabel and Grameen-Jameel have instituted a new awards program that recognizes Arab microfinance institutions who have demonstrated excellence in innovation, leadership and sustainable growth, the organisation said on its website. Award winners will be announced at the Sanabel Seventh Annual Conference in 2010 and the winners will be receiving $10,000 cash prizes from Grameen Jameel, a for-profit limited company jointly owned by Grameen Foundation and Abdul Latif Jameel Group. Full story
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