News

News

Saudi Arabia
The President of France, Mr. Emmanuel Macron has extended an official invitation to the President of Islamic Development Bank (IsDB) Dr. Bandar Hajjar to participate in the Global Fund Replenishment Pledging Conference in Lyon from 9-10 October 2019. He also invites the IsDB President to participate in the Paris Peace Forum from 12-13 November 2019.The Invitation was delivered by Mr. Mostafa Mihraje, the French Consul General in Jeddah during a visit to Dr. Hajjar at the IsDB headquarters.
Saudi Arabia
At least 937 students from China have benefited from the scholarships provided by the Islamic Development Bank (IsDB) through the Community Outreach programme of the bank. IsDB has also approved 27 community development projects at the cost of US $11.8 million through the Special Assistance Programme in education, vocational training, and heath sector in various provinces such as Beijing, Ningxia, Yuan, Tianjin, Hubei and others.
Indonesia
The IsDB Group demonstrated its full committment to supporting the Government of Indonesia in achieveing the SDGs, by co-organising and participating in the Annual Islamic Finance Conference (AIFC) with the Government of Indonesia. The Annual Islamic Finance Conference (AIFC) is an important opportunity to showcase the Islamic Finance and Economic platforms that can achieve the SDGs through Impact Investing.
Saudi Arabia
The Board of Executive Directors (BED) of Islamic Development Bank (IsDB) has approved several projects worth US $325 million for Burkina Faso, Kazakhstan, and Mozambique. The approvals also include a Technical Assistance Loan to Suriname and a Waqf (endowment) project through the Islamic Solidarity Fund for Development (ISFD) to Benin Republic.
Saudi Arabia
The President of Islamic Development Bank (IsDB) Dr. Bandar Hajjar has welcomed the strengthening of partnership with the United Nations (UN) towards the implementation of Sustainable Development Goals (SDGs). Dr. Hajjar made the remark when he received the UN Deputy Secretary-General, Ms. Amina Mohammed, at the IsDB Headquarters in Jeddah.
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.