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18 Sep 2012 description

Jeddah, 13.09.2012 – At its 285th meeting that started last Sunday at IDB headquarters in Jeddah, the Board of Executive Directors of the Islamic Development Bank (IDB) chaired by HE Dr. Ahmad Mohamed Ali, President, IDB Group, approved around US$ 425 million to finance development projects in member countries and for Muslim communities in non-member countries.

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.