Tag: IDB
-
IDB unveils new brand after 44 years of successful development intervention
Jeddah : For the first time in its four-decade of development intervention, the Islamic Development Bank (IDB) unveiled a new brand identity that reflects its modern values, strategic direction, and relationship with its 57 member countries. The IDB, which is one of the world’s largest multilateral development banks, has been undergoing significant strategic reform in…
-
Turkish investors to come together at summit this week
By Gokhan Ergocun, Ankara: Turkey will host an exporters and investors summit on April 26-27. The Islamic Development Bank (IDB) and Turk Eximbank will organize the event in the western Izmir city, according to a Tuesday statement. “The IDB and Turkey’s lead lender for exports and imports, Turk Eximbank, have joined hands to bring in…
-
IDB total financing reached $9.8 billion in 2017
Tunis : President of the Islamic Development Bank (IDB) Group Dr. Bandar Hajjar said on Monday the IDB’s total funding for development projects in the member states of the Organization of Islamic Cooperation (OIC) reached $9.8 billion during 2017. Hajjar made the remarks at a press conference, during which he launched the IDB’s 2017 Annual…
-
Islamic Development Bank gears up for Tunisia summit
—
by
By Gokhan Ergocun and Bahattin Gonultas, ANKARA: Business leaders from Muslim nations will gather in the Tunisian capital on Sunday to review last year’s performance by the Islamic Development Bank (IDB), and discuss and approve its development agenda for the year ahead. Representatives of 57 member states, senior government officials and ministers of finance, economy, planning…
-
IDB participates in WTO’s 11th ministerial conference
Jeddah : The Islamic Development Bank (IDB) Group has affirmed its commitment to further strengthen the mechanisms of economic and trade cooperation, expand and deepen partnerships among member countries in the fields of trade, investment and finance, as well as mobilize the necessary resources to meet economic challenges and achieve sustainable development. This came in…
-
IDB to announce Science & Technology Online Platform
Jeddah : The Islamic Development Bank (IDB) will announce its plan today to launch a major online platform that will be open for innovators around the world. The platform will offer solutions for the benefit of the developing world in 5 focus areas of the Global Sustainable Development Goals: Clean water and sanitation, affordable and…
-
IDB finances project to support Palestinian university students
Jerusalem : Palestine’s Union of Agricultural Work Committees (UAWC) signed the agreement of the Youth Economic Empowerment Project with the United Nations Development Program (UNDP), which is part of the Palestinian People’s Economic Empowerment Program, funded by the Islamic Development Bank (IDB) through the UNDP in partnership with the Palestinian Ministry of Social Development. UAWC…
-
IDB allocates $1.5 billion to finance development projects in Tunisia
Jeddah : The Islamic Development Bank (IDB) Group announced the allocation of $1.5 billion to finance development projects in Tunisia within the framework of the new strategy for the next three years. IDB Regional Manager of Arab Countries Programs Ahmed Saleh al-Hariri said in a speech during a workshop on the preparation of the strategic…
-
IDB, Tajikistan to collaborate in enhancing regional integration and export promotion
Dushanbe : The Jeddah-based Islamic Development Bank (IDB) Group and the Republic of Tajikistan will collaborate in enhancing regional integration, competitiveness of products and export promotion. IDB President Dr. Bandar Hajjar and Prime Minister of Tajikistan Qohir Rasulzoda highlighted this during a bilateral discussion in Dushanbe, the capital of Tajikistan. According to Hajjar, the IDB…