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Islamic Development Bank launches Saudi-backed $100m fund in Uzbekistan

The Islamic Development Bank is launching an economic development fund in Uzbekistan, which is backed by Saudi investors.   The fund has an initial capital of $100 million, and will target 34 micro, small, and medium enterprises. It is also expected to generate 100,000 jobs, and help address poverty in the…

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Click here to read the full story: Arab News

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