By: Mohamed Idris

Riyadh – Mubasher: Private infrastructure financing used for the implementation of projects within the Organisation of Islamic Cooperation (OIC) reached around $500 billion between 1990 and 2015, said the head of the Islamic trade, industry and agriculture chamber at OIC Saleh Kamel on Sunday.

Saudi Arabia's focus on building relations with all countries including Islamic nations was one of the reasons for its success in confronting the obstacles of the global, regional and local economies, the official said, speaking at The 15th Exhibition for the Members of the OIC in Riyadh.

The Saudi economy's ability to withstand global economic pressures is due to the diversification of income sources and the effective contribution of non-oil sectors in the economy, the top official added.

The OIC event is held between 22 and 26 May at the Riyadh International Convention and Exhibition Centre (RICEC).

Translated by: Nada Adel Sobhi