Tag: Islamic Development Bank
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Istanbul hosts workshop on IsDB’s policy of engagement with civil society
Istanbul : A major consultative workshop was held recently here for two days in Turkey on IsDB’s policy of engagement with the Civil Society Organizations (CSOs) in different member countries. A joint effort by IsDB and SESRIC and partners in collaboration with IsDB Group Regional Hub Turkey, the event was held on the sidelines of…
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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…
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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…
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Islamic Development Bank gears up for Tunisia summit
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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…
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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…
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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…
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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…
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Saudi Arabia, IDB distribute sacrificial meat among 30 million needy people in 27 countries
Makkah : The Utilization of Sacrificial Meat (Adahi) is a project undertaken by Saudi Arabia in collaboration with the Islamic Development Bank (IDB) that aims to distribute sacrificial meat among over 30 million people in 27 countries in the Asian and African continents. In the past Hajj seasons, people used to freeze and ship the…