Islamic Development Bank | Al Bawaba

Islamic Development Bank latest

Egypt Aims to Increase Its Exports by up to 20 Percent. (Shutterstock)

December 12th, 2018 - 07:04 GMT

Egypt Aims to Increase Its Exports by up to 20 Percent

Minister of Planning, Follow-Up and Administrative Reform Hala el Saeed said exports are vital for the Egyptian economy, adding that the government is seeking their increase from 15 to 20 percent annually.

The first Master Murabaha agreement was signed by Eng. Hani Salem Sonbol, Chief Executive Officer ITFC and Ahmed Yousef, Deputy Chairman of the Commodity Supply Authority. (SG)

September 9th, 2018 - 08:02 GMT

Egypt to Receive $3 Billion From ITFC Agreement

35,000 Saudi citizens visited Azerbaijan in 2017, which is one of the highest from GCC countries. (Shutterstock)

July 15th, 2018 - 10:29 GMT

Development of Trade, Investment and Tourism Cooperation Between Saudi Arabia and Azerbaijan

A proposed Islamic investment megabank is likely to be launched in 2018, according to Islamic Development Bank spokesman Abdul-Hakim Elwaer. (Courtesy of Anadolu Agency)

April 3rd, 2018 - 11:07 GMT

Turkey, Muslim Countries to Launch Islamic Megabank in 2018

Lebanese protesters hold a Lebanese national flag on which is written in Arabic, "We are all refugees" on July 18, 2016 in the capital Beirut. (AFP/Joseph Eid)

April 14th, 2017 - 05:00 GMT

Lebanon needs $10B in infrastructure aid to cope with Syrian refugees: PM

IDB will spend $86 million for the expansion of the Tripoli port in Lebanon. (File photo)

March 28th, 2017 - 06:00 GMT

Saudi Arabia's IDB to donate $715M for development projects in three countries

Governments in the Middle East are committed to energy reforms and have implemented energy reducing tactics. (Shutterstock)

March 16th, 2017 - 12:00 GMT

MENA's renewable energy M&As on the rise: EY

Headquarters of the IDB in Jeddah, Saudi Arabia. (File photo)

March 5th, 2017 - 09:00 GMT

Islamic Development Bank charts three-year plan for Arab-African trade

Bill Gates at the World Economic Forum in Davos 2017. (AFP/Fabrice Coffrini)

February 16th, 2017 - 01:30 GMT

MENA youth will surprise people with innovation: Bill Gates

Under the theme “Embracing New Frontiers,” the congress program will lead delegates through the current and critical issues facing the energy industry. (Shutterstock)

October 6th, 2016 - 12:00 GMT

The 23rd World Energy Congress 2016 in Istanbul hopes to 'Embrace New Frontiers'

Bill Gates at the signing of Qatar Development Fund's $50m grant agreement to contribute to the capital of The Lives and Livelihoods Fund in April 2016. (Poandpo.com)

October 2nd, 2016 - 06:00 GMT

Bill Gates' Lives and Livelihoods Fund gets off the ground in Jeddah

Sberbank, the country’s largest bank by assets, seeks to raise between $200M and $300M for a client this year via Islamic finance. (AFP/Andrey Smirnov)

September 7th, 2016 - 09:00 GMT

Russian state banks get on the Islamic finance bandwagon

A broader consensus around the need to standardize legal structures and Sharia interpretation could help the industry to progress, according to S&P. (File photo)

September 5th, 2016 - 12:55 GMT

Islamic finance: Cheap oil, lack of industry standardization will impact growth