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Saudi’s IsDB signs deals with Jordan to support food security &...

Saudi Arabia-based Islamic Development Bank (IsDB) has signed two agreements with Jordan’s Ministry of Planning and International Cooperation in order to support food security...

IsDB approves $1.12bn for development projects in 9 member countries

The Islamic Development Bank’s (IsDB) Board of Executive Directors has approved a total of $1.12 billion for development projects in various sectors in nine...

ICIEC, Afreximbank unite to enhance trade between Arab & African nations

The Islamic Corporation for Insurance of Investment and Export Credit (ICIEC) and the African Export-Import Bank (Afreximbank) have decided to advance their bilateral relationship...

Saudi’s ITFC signs $1.2bn 2022 Annual Plan with Pakistan

The International Islamic Trade Finance Corporation (ITFC), a member of the Islamic Development Bank (IsDB) Group, has signed the $1.2 billion Annual Plan for...

APICORP and IsDB unveil $1bn infrastructure financing initiative

The Arab Petroleum Investments Corporation (APICORP) and the Saudi-based Islamic Development Bank (IsDB) have launched ‘Infra Initiative’, a $1 billion private sector-focused infrastructure financing...

Islamic Development Bank, WDO to empower women in OIC member states

Saudi Arabia-based Islamic Development Bank (IsDB) through its regional hub in Egypt has launched the implementation of a comprehensive Technical Assistance (TA) Project for...

Islamic Development Bank lists $1.7bn Sukuk on Nasdaq Dubai

Islamic Development Bank (IsDB) rang Nasdaq Dubai’s market-opening bell to celebrate the listing of a $1.7 billion Sukuk on the region's international financial exchange. The...

IsDB, UN agency commits $500mn to address food security & climate...

Saudi Arabia-based Islamic Development Bank (IsDB) and International Fund for Agricultural Development (IFAD) have made a cooperation and co-financing agreement aimed at tackling climate...
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