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The BED members further approved a technical assistance grant for the preparation of non-oil export strategy for GCC member countries as well as grants from the WAQF Fund for different programs to be implemented for Muslim Communities in non-member countries including Ukraine, India, Tataristan and United States. ... Million for Schools Development Program in Istanbul, Turkey, including US$ 2.24 Million in T.A. loan 3- US$ 95 Million for Construction of Grain Steel Silos Project, Pakistan 4- US$ 30.8 Million for Water Distribution Network Upgrading Project as well as construction of National Cardiac Center in Nouakchott, Mauritania. 5- US$ 21 Million for Sana’a Water Supply Enhancement Project, Yemen. 6- US$ 500 Thousand for Establishment of phase I of a Children Care Center in Addis Ababa, Ethiopia, (IDB Waqf Fund) 7- US$ 465 Thousand for Expansion of Brighter Horizon Academy, Garland, Texas, United States of America, (IDB Waqf Fund) 8- US$ 410 Thousand for Rehabilitation and Equipping of six Crimean Tatary Schools, Ukraine, (IDB Waqf Fund) 9- US$ 370 Thousand for construction of Rashidah Islamic Institute in Kazan city, Republic fo Tataristan, Russain Federation, (IDB Waqf Fund) 10- US$ 260 Thousand for Construction of a Teacher Training College, Melagaon Village, Nashik district, Maharashtra State, India, (IDB Waqf Fund) 11- US$ 219 Thousand for Expansion of Al-Munawwara Islamic School Building, Davao City, Philippines, (IDB Waqf Fund)
IDB Group Chairman Calls for Further Cooperation and Solidarity in the Framework of WTO Negotiations
He urged the OIC members states to do more to implement the resolution of the Third Extraordinary Session of the Islamic Summit Conference, 2005 which called for 20 per cent intra-trade rate amongst OIC member states by 2015. Around 160 representatives from the OIC member countries participated at the event chaired by Morocco’s Minister of Trade, with Secretary General of the United Nations Conference on Trade and Development (UNCTAD) and WTO Deputy Director General in attendance.
Birama Sidibe, IDB Vice President, Operations, underlined the significance of awareness programs to prevent fraud and corruption in Multi-lateral Development Banks (MDBs) and stated that according to Islamic values it is a crime to remain passive in the face of corruption. ... In this context, MDBs have the responsibility to see that member countries obtain maximum value of their borrowing which they are paying from their resources”, stated the IDB Vice President.
Unit No. 1, Jeddah 22332-2444 Kingdom of Saudi Arabia ppr@isdb.org www.isdb.org COMMON ABBREVIATIONS AND DEFINED TERMS Common abbreviations and defined terms Common abbreviations and defined terms that are used in these Guidelines. ... A state-owned construction unit that is not managerially or financially autonomous from the Beneficiary shall be considered a force account unit.
Aqa stated that countries like Luxemburg, the United Kingdom and Japan are adopting Islamic finance. ... The most important thing is the conducive atmosphere for business,” stated the Vice President.
The IDB President expressed his appreciation on the role being played by the United Kingdom in promoting Islamic finance. The IDB President also held talks with the UK’s Secretary of State for International Development, Rt Hon,.
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It is important that the World Bank, as a close partner to the UN, and other international financial institutions, mainstream and actively invest in conflict-affected states.” ... "History has taught us that it is never too early to plan for post-conflict recovery and reconstruction,” stated Islamic Development Bank Group President Ahmad Mohamed Ali Al-Madani.
In an area of approximately 180 thousand square meters, more than 600 hospital beds equipped with state-of-the-art technologies inclusive of 99 high-tech Intensive Care Units (ICUs) have started serving the inpatients from Istanbul and nearby areas suffering from the fast spreading COVID19 disease. ... “The great and ceaseless support and cooperation from the Government of Turkey, the Ministry of Health, in particular, enabled the IsDB Group and the İstanbul Governorship through İstanbul Project Coordination Unit, to prepare this unique project for utilization just in time as nearly 50 per cent of the progress was made in 2019,” he elaborates.
04.06.2012, Jeddah, KSA – United Nations Secretary General, Ban Ki-moon, paid a visit Monday to the Islamic Development Bank Group where he expressed pleasure over his first ever visit to the Islamic Development Bank Group and emphasized the active and close cooperation between the Bank and the United Nations Organization. ... Also at the meeting, the UN secretary General underlined the significance of cooperation between the Bank and the United Nations Organization in various fields stating that the UN and the IDB Group maintain cooperation in many major areas including combatting poverty, food security, water, health, education.