An IsDB Group mission headed by Director of IsDB Group Regional Hub Turkiye (RHT), Dr. Walid Abdelwahab, visited the capital city of Baku to discuss and co-create the Group’s Country Engagement Framework (CEF) with Azerbaijan.

A mission from the Islamic Development Bank (IsDB) has met with H.E. Mr. Sardar Ayaz Sadiq, Federal Minister for Economic Affairs and IsDB Governor for Pakistan; H.E. Ms. Anita Turab, Joint Secretary IsDB Division, and IsDB Alternate Governor for Pakistan, as well as H.E. Dr. Kazim Niaz, Secretary for the Ministry of Economic Affairs and IsDB Executive Director.

Once completed, this new multi-purpose dam will enhance energy generation and provide sustainable water resources for agriculture and human consumption in KP, thus uplifting the livelihoods of marginalized communities, while improving the region's resilience to floods.

The first of a series of webinars on “Digital Development and E-Governance” was organized by the Islamic Development Bank's Regional Cooperation and Integration (RCI) Department along with Regional Hubs of Ankara and Almaty, in close partnership with the State Agency for Public Service and Social Innovations (SAPSSI) under the President of the Republic of Azerbaijan, the Asian Development Bank (ADB) and the CAREC Institute.

To underscore the importance of the role of the private sector in sustainable development, job creation and promotion of investment and trade amongst Member Countries of the Islamic Development Bank (IsDB) Group, an Agency Agreement has been signed between IsDB and the Islamic Corporation for the Development of the Private Sector (ICD) to benefit from the IsDB Group Business Forum – THIQAH.

President of Islamic Development Bank (IsDB) Dr. Bandar Hajjar, and CEO of the Islamic Corporation for the Development of the Private Sector (ICD), Mr. Ayman Sejiny, have put their signatures to an Agency Agreement for the implementation of IsDB Group’s R2 COVID Support Package, which will assist IsDB Group Member Countries to restore their economies and recover from the negative impacts resulting from the ongoing COVID-19 pandemic.

The Islamic Development Bank ("IsDB") raised US$ 1.5 billion with its first-ever Sustainability Sukuk to tackle the aftermath of the COVID-19 pandemic in its Member Countries.

A USD 100 million Murabaha financing agreement is signed between IsDB and Turk Eximbank to support Turkish exporters

The Islamic Development Bank, the main financier of the Konya-Ankara High Speed Train, is now joining hands with its major Turkish development partners, for financing Konya’s Suburban Railway Project which is to connect major suburban industrial zones to the city center.