Union of Arab Banks - ABI - SIMEST, 2011
Mediterranean Partnership Fund Initiative - Member of the Working Group and advisor for the development of Shariah-compliant funding and financing instruments
Simest, in collaboration with the Italian Ministry of Foreign Affairs and the Ministry of Economic Development, is developing a new international financial mechanism for the Mediterranean region, specifically designed to fill the current gap of international and national financial resources tagged for the private sector development
The “Mediterranean Partnership Fund” will be focusing in particular on the Small and Medium Enterprises, recognized as the backbone of the development and economic growth of the MENA region's countries. It will connect the SMEs growth primarily to the export chain with a particular attention given to employment generating activities and the development of entrepreneurship.