UAE Food and Water security office renews collaboration agreement with Islamic Development Bank

Dubai: – The UAE government has revitalised its collaboration with the Islamic Development Bank in relation to the International Center for Biosaline Agriculture (ICBA) – a centre that enhances food security through research and development (R&D) into biosaline agriculture in marginal environments.

Through the UAE Food and Water Security Office, the government has renewed its agreement with the Islamic Development Bank, with the new terms focused on R&D into food production from areas that suffer from limited resources.

The agreement was renewed during a virtual ceremony held on Sunday, November 29, 2020 and attended by Her Excellency Mariam Almheiri, Minister of State for Food and Water Security; H.E. Dr Bandar bin Mohammed bin Hamza Hajjar, President of the Islamic Development Bank Group; and several officials and representatives from both entities.

Renewing the agreement effectively extends collaboration on the management and operation of ICBA for another five years. The agreement includes

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Islamic Corporation for the development of the Private Sector (ICD) Launches the ICD Finnovation Award 2020

(MENAFN – African Press Organization) JEDDAH, Kingdom of Saudi Arabia, November 19, 2020/APO Group/ —

The Islamic Corporation for the development of the Private Sector (ICD) ([To enable links contact MENAFN] the private arm of the Islamic Development Bank Group (IsDBG), today launches the ‘ICD Finnovation Award 2020, to recognize, showcase and encourage financial institutions that provide an outstanding solution for the financial industry.

The COVID-19 pandemic has created an unprecedented scenario for individuals, households, businesses, and institutions globally. Partial solutions at play are new financial instruments and technology. This special initiative is therefore aimed at exploring more the role of technology and innovation in providing sustainable solutions to current challenges, including those posed by COVID-19.

‘Finnovation is an online platform, ‘ [To enable links contact MENAFN] which ICD utilizes to list and highlight successful innovations of Financial Institutions (FIs) and FinTech startups at a global level.

Mr. Ayman Sejiny,

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