News

News

Saudi Arabia
The Islamic Summit Conference commended, during its 14th ordinary session in Makkah, the important role of the Islamic Development Bank (IsDB) Group in promoting comprehensive development in OIC Member States, strengthening their cooperation, enhancing Islamic finance, developing infrastructure and promoting the private sector. The Conference called upon Member States to significantly increase the IsDB’s capital to enable it to meet the increasing needs of its Member States.
Saudi Arabia
The Islamic Development Bank Group (IsDB) has organized today a workshop on the Arab-Africa Trade Bridges (AATB) Program, through the International Islamic Trade Finance Corporation (ITFC), under the patronage of HE Dr. Bandar Hajjar, President of IsDB Group.
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.
Saudi Arabia
H.E. Dr Bandar M. H. Hajjar, the President of the Islamic Development Bank (IsDB), and Elhadj As Sy, the Secretary General of the International Federation of Red Cross and Red Crescent Societies (IFRC), agreed on plans to create of a multi-million dollar fund to combat cholera and other diarrheal diseases in OIC countries.
H.E Dr. Bandar Hajjar, the President of the Islamic Development Bank, and H.E Ilyas Moussa Dawaleh Minister of Economy and Finance in-charge of Industry and Planning, IsDB Governor for Djibouti, signed US$ 64.8 million agreement for financing the Djibouti Africa Regional Express- 1 Submarine Cable Project, and Health System Strengthening with Emphasis on Maternal, Newborn and Child Health (MNCH) Project.
Pakistan
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).
Pakistan
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.
Pakistan
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).
Dr Bandar Hajjar, President of the Islamic Development Bank is undertaking an official visit to Pakistan during the period between 2 to 4 May 2019 during which he will meet Prime Minister Mr Imran Khan, the President of Pakistan Dr Arif Alvi and a number of Ministers and leaders in the Public and Private Sectors, Philanthropic Organizations, Universities and Research Centers.