The Islamic Development Bank, (IsDB), the premier multilateral development bank of the Global South, has released the first comprehensive report on the achievements of the Afghanistan Humanitarian Trust Fund (AHTF) up to the end of 2023.
The first-place winner of the 2024 Islamic Development Bank (IsDB) Prize for Impactful Achievement in Islamic Economics, Professor Mehmet Asutay, received the award during a ceremony in Riyadh, Kingdom of Saudi Arabia.
"The Road to COP29" was the title of a high-level roundtable discussion in Riyadh, Kingdom of Saudi Arabia, held by the Islamic Development Bank (IsDB) in partnership with the Government of Azerbaijan.
On the sidelines of the World Economic Forum in Riyadh, Kingdom of Saudi Arabia, H.E. Prime Minister Mian Muhammad Shehbaz Sharif of Pakistan engages in discussions with Islamic Development Bank (IsDB) President and Group Chairman, H.E. Dr. Muhammad Al Jasser, to strengthen bilateral relations.
The Islamic Development Bank (IsDB) has approved approximately US$418 million to fund new development projects in member countries, the bank said in a statement on Saturday.
The Government of Pakistan and the Islamic Development Bank (IsDB) have signed financing agreements for the Sindh Flood Emergency Housing Reconstruction Project which aims to construct 700,000 houses benefiting an estimated 4.2 million people in rural areas.
IsDB Group has signed a US$120 million agreement with Türkiye’s Ministry of Treasury and Finance to contribute to the country’s reconstruction and recovery plan that strives to fully restore the delivery of urgent and critical health services to the earthquake-affected areas.
A meeting between H.E. Dr. Mehmet Şimşek, Minister of Treasury and Finance and IsDB Governor for Turkiye, and Dr. Walid Abdelwahab, Director of the Islamic Development Bank Group Regional Hub Türkiye, focused on an interactive discussion of current and future collaboration between Türkiye and IsDB Group.
Teams of development and financial operations experts from the Islamic Development Bank (IsDB), Turkiye’s Development and Investment Bank (TKYB), and the Industrial Development Bank of Turkiye (TSKB) convened in separate workshops, from13-16 February 2024, to exchange views and share capacity for spearheading the recovery and resilience building efforts in the country’s quake-hit areas.
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