Islamic Development Bank

Sultan of Brunei Darussalam Hassanal Bolkiah received President of the Islamic Development Bank Mohammed Al-Jasser on Thursday at the Istana Nurul Iman Palace in Bandar Seri Begawan. During the reception, Al-Jasser expressed his…
Read More...

Moody’s Investor Services has affirmed its AAA credit rating with a stable outlook for the Islamic Development Bank, driven by the financial institution’s robust asset performance. In a press release, IsDB said that its short-term issuer…
Read More...

New development projects in Turkiye, Turkmenistan and Suriname will receive a significant boost with a $368.98 million financing package sanctioned by the Islamic Development Bank. The financing includes $165 million to enhance…
Read More...

Infrastructure projects in Kazakhstan will receive support from the Islamic Development Bank after a deal was signed in Vienna. IsDB President Mohammed Sulaiman Al-Jasser inked the agreement with the Central Asian country’s Deputy Prime…
Read More...

As many as 85 agreements worth over $8 billion were signed across diverse sectors during the recently concluded annual meetings of the Islamic Development Bank Group. This stands in contrast to the last year’s meetings, which recorded…
Read More...

The King Salman Humanitarian Aid and Relief Center (KSrelief) has showcased its work at the 2024 Islamic Development Bank Group Annual Meetings in Riyadh, which concludes on Tuesday. At the exhibition, KSrelief explained how its relief…
Read More...

Saudi Arabia’s Islamic Development Bank is set to provide a financing framework for Azerbaijan through a new agreement. The IsDB and the country’s Ministry of Economy signed a memorandum of understanding to establish a cooperative…
Read More...

Mohammed Al-Jasser, Islamic Development Bank president and group chairman, and Romuald Wadagni, minister of economy and finance of Benin, highlighted key achievements of the IsDB Group during a press conference held as part of the 2023…
Read More...

Islamic Development Bank is continuing to prioritize poverty-alleviation projects in its most needy member countries. This is according to Dr. Hiba Ahmed, director-general of the body’s Islamic Solidarity Fund for Development or ISFD,…
Read More...

The Islamic Development Bank group’s annual meetings will this year be held under the title “Partnerships to Fend off Crises.” Due to take place from May 10 to 13 in Jeddah, the meetings will focus on the importance of collaboration in…
Read More...