The Islamic Development Bank (IsDB) was one of the reciepents of the Women Entrepreneurs Finance Initiative (We-Fi)’s third funding allocation comprising $49.3 million. The total investment from We-Fi is expected to benefit over 15,000 women-led businesses and mobilize about $350 million of additional public and private sector resources.
The Palestinian Prime Minister, His Excellency Dr Muhammad Shtayyeh, addressed the General Assembly Meeting and the Annual Ceremony of the Al-Quds Fund and Al-Quds Waqf. He began his speech by praising the authentic, nationalist and patriotic position expressed by His Excellency the Foreign Minister of the Custodian of the Two Holy Mosques with respect to the Kingdom’s commitment to the Arab Peace Plan. He said that the Kingdom of Saudi Arabia had left no room for interpretations concerning the political landscape in Palestine.
This week, IsDB and UNOPS held a knowledge sharing virtual event to up-skill colleagues and explore possible areas of collaboration in order to support socioeconomic recovery and development facilitated by the two organisations.