Islamic Development Bank

Empowering people for a sustainable future

Driving innovation, partnerships, Islamic Finance and value chains

Call for Innovation via Transform Fund 2019. Deadline 1 June.
The Islamic Development Bank (IsDB) has awarded Pakistani innovators, researchers and entrepreneurs seed capital and business skills mentoring as part of its fifth edition of the Transformers Roadshow competition, held in association with COMSTECH. The Roadshow is a global initiative in which applicants are invited to pitch ideas accelerating one or more of the UN Sustainable Development Goals (SDGs).
Today, the President of the Islamic Development Bank (IsDB), H.E. Dr Bandar Hajjar, met with the President of Pakistan, Dr. Arif Alvi, and the Prime Minister of Pakistan, Imran Ahmed Khan Niazi, to discuss ways in which the IsDB can implement its new vision to support the Government’s development agenda for financial inclusion, economic empowerment and future aspirations.
The Islamic Development Bank (IsDB) is renewing financial agreements with the Pakistan Government to progress the country’s development initiatives, financial inclusivity and economic empowerment for Pakistani’s and the wider region. This re-financing of existing, and new projects is in line with the IsDB’s vision to help its Member Countries achieve the UN Sustainable Development Goals (SDGs).
Heads of state, ministers, leaders of multilateral development banks, private sector executives, women entrepreneurs, and contributing governments of the Women Entrepreneurs Finance Initiative (We-Fi) convened today at the first We-Fi Regional Summit to discuss concrete ways to strengthen support for women-led small and medium-sized enterprises (SMEs) in West Africa.
Saudi Arabia
H.E. Dr. Bandar Hajjar, IsDB President met in his office at IsDB headquarters in Jeddah H.E. Ambassador Nathalie Fustier, UN Resident Coordinator in Riyadh. The meeting discussed the developing relations between IsDB and the different UN agencies to complement each other in achieving their common objectives.