News


Month         Year    
IsDB Group pledges support for Niger’s food security and energy programs
Wednesday, 11 January 2017
Jeddah, Kingdom of Saudi Arabia, 10 January 2017: The Islamic Development Bank (IsDB) Group has affirmed its commitment to support the Government of the Republic of Niger in ensuring food security and the development of energy and transport sectors of the country.
IDB injects US $863 million of financing in to new development projects
Thursday, 29 December 2016
Jeddah, Kingdom of Saudi Arabia, 27.12.2016 – The Board of Executive Directors of the Jeddah-based Islamic Development Bank (IsDB), in its 316th meeting on Sunday, gave the final go ahead for injecting US $863 million in to new financing development projects in a number of member countries namely; Guinea, U.A.E, Bahrain, Morocco, Senegal, Togo, Djibouti, Chad, Jordan, and Mali.
IsDB provides US $5 million support for solar energy project in Jordan
Thursday, 29 December 2016
Jeddah, Kingdom of Saudi Arabia, 28 December, 2016 – The Islamic Development Bank (IsDB), based in Jeddah, Kingdom of Saudi Arabia, is providing a US $5 million financing support for construction of a solar power plant which is expected to contribute to the sustainability and financial resource optimization of the “King Hussein Cancer Center (KHCC) Expansion Project” in Jordan.
IsDB Group’s anti-corruption instruments are a prerequisite for achieving good governance and sustainable development
Thursday, 15 December 2016
The Islamic Development Bank (IsDB) Group has introduced several key instruments against corruption, said Bank President H.E. Dr. Bandar Hajjar during a meeting at IsDB headquarters marking 9th December as International Anti-Corruption Day.
IsDB workshop calls for the commercialization of Trans-Saharan road corridor
Sunday, 11 December 2016
Algiers, Algeria - Leading experts have called for the speedy completion and commercialization of the Trans-Saharan Road Corridor linking six countries in Africa; Algeria, Chad, Mali, Niger, Nigeria and Tunisia. The Islamic Development Bank (IsDB) has already contributed US $454 million to the corridor in the form of 19 operations.
IsDB Group and French Agency for Development strengthen collaborative efforts
Wednesday, 07 December 2016
Paris, France, 6 December 2016 – The Islamic Development Bank (IsDB) Group and the French Agency for Development (AFD) are set to sign a Memorandum of Understanding (MoU) that will enhance cooperation between IsDB and the Agency.
IsDB Group President visits IsDB-financed schools in France
Wednesday, 07 December 2016
Paris, France, 6 December 2016 – On his official visit to France, the President of the Islamic Development Bank (IsDB) Group, H.E. Dr. Bandar Hajjar, visited several French Muslim community schools launched through contributions made by IsDB.
Islamic Development Bank prices US$ 1.25 billion Fixed-Rate Trust Certificates issuance
Sunday, 04 December 2016
Jeddah, Kingdom of Saudi Arabia, 3 December 2016 – The Islamic Development Bank (IsDB) has successfully priced a US$1.25 billion, five-year Trust Certificates (Sukuk) under its US $25 billion Trust Certificate Issuance Programme.
IsDB and Turkey strengthen their partnership during the 32nd Ministerial Session of the COMCEC
Thursday, 24 November 2016
Istanbul, Turkey, 24 November 2016 – The Islamic Development Bank (IsDB) Group participated in the 32nd Ministerial Session of the Standing Committee for Economic and Commercial Cooperation of the Organization of the Islamic Cooperation (COMCEC), which took place 21-24 November in Istanbul. The IsDB delegation was led by its recently appointed President, Dr. Bandar Hajjar.
IsDB signs agreements to foster regional economic and social integration in Africa
Sunday, 20 November 2016
Marrakesh, Morrocco, 16 November 2016 – The Islamic Development Bank (IsDB) signed a loan agreement with the Government of Burkina Faso and a Memorandum of Understanding (MoU) with the Economic Community of West African States Commission (ECOWAS).
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