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IDB total financing reached $9.8 billion in 2017

IDB total financing reached $9.8 billion in 2017

Tunis : President of the Islamic Development Bank (IDB) Group Dr. Bandar Hajjar said on Monday the IDB’s total funding for development projects in the member states of the Organization of Islamic Cooperation (OIC) reached $9.8 billion during 2017. Hajjar ...

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Islamic Development Bank gears up for Tunisia summit

Islamic Development Bank gears up for Tunisia summit

By Gokhan Ergocun and Bahattin Gonultas, ANKARA: Business leaders from Muslim nations will gather in the Tunisian capital on Sunday to review last year’s performance by the Islamic Development Bank (IDB), and discuss and approve its development agenda for the year ...

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IDB participates in WTO’s 11th ministerial conference

IDB participates in WTO’s 11th ministerial conference

Jeddah : The Islamic Development Bank (IDB) Group has affirmed its commitment to further strengthen the mechanisms of economic and trade cooperation, expand and deepen partnerships among member countries in the fields of trade, investment and finance, as well as ...

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IDB «AAA» rating reaffirmed by Moody’s

IDB «AAA» rating reaffirmed by Moody’s

Jeddah : The Islamic Development Bank’s “AAA” credit rating was recently reaffirmed with a “Stable Outlook” by Moody’s. Concurrently, the trust certificates issued by IDB Trust Services Ltd have also been affirmed at ‘AAA’. The ratings and the stable outlook ...

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