IsDB Group and Türkiye’s Treasury and Finance Ministry Sign US$120 Million Financing Agreement
IsDB Group has signed a US$120 million agreement with Türkiye’s Ministry of Treasury and Finance to contribute to the country’s reconstruction and recovery plan that strives to fully restore the delivery of urgent and critical health services to the earthquake-affected areas.
RHT Director Confers with IsDB Governor for Türkiye
A meeting between H.E. Dr. Mehmet Şimşek, Minister of Treasury and Finance and IsDB Governor for Turkiye, and Dr. Walid Abdelwahab, Director of the Islamic Development Bank Group Regional Hub Türkiye, focused on an interactive discussion of current and future collaboration between Türkiye and IsDB Group.
Teams of development and financial operations experts from the Islamic Development Bank (IsDB), Turkiye’s Development and Investment Bank (TKYB), and the Industrial Development Bank of Turkiye (TSKB) convened in separate workshops, from13-16 February 2024, to exchange views and share capacity for spearheading the recovery and resilience building efforts in the country’s quake-hit areas.
IsDB and Azerbaijan Sign MoU on Country Engagement Framework
The Islamic Development Bank (IsDB) and the Ministry of Economy of the Republic of Azerbaijan have signed a Memorandum of Understanding (MoU), establishing a collaborative framework for the Country Engagement Framework (CEF) for Azerbaijan during 2024-2026.
IsDB Group and TSKB Sign US$ 100 Million Financing Agreement for Post-Earthquake Economic Recovery Project in Turkiye
The Islamic Development Bank (IsDB) Group and the Industrial Development Bank of Turkiye (TSKB) have signed a US$ 100 million financing agreement that aims to enhance economic recovery and sustainable growth in the 17 provinces bearing the brunt of the twin devastating earthquakes that struck southern Turkiye on 6th February 2023.
IsDB Group Inks US$200M Deal with TKYB to Rebuild Earthquake Zones and Revive Agriculture
The Islamic Development Bank (IsDB) Group and the Development and Investment Bank of Türkiye (TKYB) have formalized a US$200 million financing facility/arrangement to support businesses in the provinces affected by the disaster.
IsDB Group Chairman Advocates for Increased Investment and Enhanced Economic Cooperation as Key Focus Areas for COMCEC in Next 50 Years
During his official visit to Türkiye for the 39th COMCEC Ministerial Meeting in Istanbul, the President, and Group Chairman of the Islamic Development Bank (IsDB), H.E. Dr. Muhammad Al Jasser, emphasized the need for escalated investment and improved economic cooperation within the COMCEC framework.
