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14 May 2014 description

Jeddah, KSA, 14.05.2014 – Chairman of the Islamic Development Bank (IDB) Group, Dr. Ahmad Mohamed Ali, has praised a generous donation of SR one billion (US$ 267 million) by a philanthropist for 75 mobile health clinics that are to be launched under IDB supervision in rural and remote areas that have poor access to medical services, in IDB member countries and in Muslim communities in Non-member countries.

05 Jul 2013 description

Jeddah, July 6,2013 : Dr. Ahmad Mohamed Ali, Chairman of the IDB Group hailed the existing cooperation between the Bill and Melinda Gates Foundation and the IDB Group in their efforts to eradicate polio in three member countries of the Bank, viz., Pakistan, Afghanistan and Nigeria.

Dr. Ali, who visited the Gates Foundation in Seattle, Washington, last week, expressed hope to step up cooperation to include eradication of contagious diseases, increasing food security, and promoting health services especially for children in IDB member countries.

04 Jun 2013 description

On the occasion of the 38th Annual Meeting of the IDB Board of Governors held in Dushanbe, Republic of Tajikistan, a number of financing agreements have been signed under which the Bank shall participate in financing new development projects in (10) member countries (in addition to the Republic of Kosovo) for a total amount of USD230.9 million , The details are as follows:

1 . The Republic of Tajikistan

Loan for USD10 million, to participate in phase-3 in the Dangara Valley Irrigation Project with the objective of poverty reduction among the population.

07 Jul 2012 description

Tokyo, Japan, 08.07.2012 – Addressing the “Tokyo International Conference for Development and Economic Stability of Afghanistan” on Sunday, 8 July 2012, the President of the Islamic Development Bank (IDB) Group, Dr. Ahmad Mohamed Ali stressed that the IDB and its affiliated institutions, i.e.

19 Mar 2012 description

I. SUMMARY OF ARTF ACTIVITIES IN SY1390

In this first section of the ARTF Annual Report we review key ARTF activities from SY1390, including donor contributions, commitments and disbursements. We also take a look at the status of the ARTF portfolio under the framework of the Financing Strategy and look towards SY1391.

  1. Donor Contributions

By the end of SY1390 the ARTF has generated a total of US$5.3 billion since its inception in SY1381 in aggregate contributions.

02 Jun 2008 description

Jeddah, June 2, 2008 -- The Islamic Development Bank (IDB) announced today it is allocating US$1.5 billion to support efforts to meet immediate, medium and long term food crisis in its least developed member countries (LDMCs), though some programs will benefit other members as well.

11 Apr 2006 description

Jeddah : Tuesday, April 11, 2006 - The Board of Executive Directors of the Islamic Development Bank, which concluded its 237th session at the Bank's Headquarters in Jeddah, Saudi Arabia, on Monday 10/4/2006 after two days of deliberations, approved an amount totalling US$ 356 million for project financing and trade operations.

H.E. Dr Ahmed Mohammed Ali, IDB President, who chaired the session stated that the Board approvals included new development projects in Indonesia, Lebanon, Niger and Morocco.