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23 Apr 2015 description
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Arabic version

Leaders Gather in Jeddah for World Malaria Day; Call for Increased Investment to Save Lives & Advance Development Efforts

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.

13 Aug 2012 description

According to a recent study by the IDB, the world is expected to witness continued fluctuation in food commodity prices for a few more years to come. The study cautions that the impact of hunger as a result of the global price fluctuations is likely to undermine the development process in its developing and least developed member countries.

24 Jul 2012 description

JEDDAH, KSA, 17.07.2012 –The 284th meeting of the Board of Executive Directors of the Islamic Development Bank, which convened at IDB headquarters starting Sunday 16 July, under the chairmanship of Dr. Ahmad Mohamed Ali, President, IDB Group, approved more than US$ 1,158 million towards development projects financing for IDB member countries and Muslim communities in non-member countries. This is the largest amount of approvals by a single IDB Board meeting since the Bank’s inception in 1975.

20 Dec 2009 description

Jeddah,14.12.2009: The Board of Executive Directors of the Islamic Development Bank (IDB), which concluded its 263rd session at IDB Headquarters in Jeddah, approved new finances totaling US$ (504) million for development projects and technical assistance in favor of Benin, Kyrgyz, Sudan, Tajikistan, Tunisia, Lebanon, Nigeria, Uganda, Bangladesh, Iran and Uzbekistan. A Technical Assistance Grant was also approved for the Regional Program for Infrastructure Development in Africa (PIDA).

11 May 2009 description
  1. As the largest and most active international financial institutions (IFIs) and development finance institutions (DFIs) investing, lending, and providing advisory services in Africa(1), the African Development Bank Group, the Agence Française de Développement Group, the European Investment Bank, the Development Bank of Southern Africa, German Financial Cooperation (through KfW), the International Islamic Trade Finance Corporation, and the World Bank Group, are launching a Joint IFI/DFI Action Plan to respond to the Financial Crisis in Africa coordinated through the African Financing …
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.