Islamic Development Bank Reaffirms Commitment to Accelerating Implementation of CASA-1000 Power Transmission Project

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.

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.

The second phase of the Affordable Housing Project in Suriname, a joint collaboration effort by the Islamic Development Bank (IsDB) and the Government of Suriname is now operational.

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.

The Islamic Development Bank (IsDB) Group and the Government of the Co-operative Republic of Guyana jointly launch a new Country Engagement Framework (CEF) for the period of 2024-2026.

The President of the Islamic Development Bank (IsDB), H.E. Dr. Muhammad Al Jasser, is to embark on a historic visit to two Latin American nations: the Cooperative Republic of Guyana and the Republic of Suriname.

The first of the six tramway vehicles, financed by the Islamic Development Bank (IsDB), has arrived in the city of Kayseri and will be put into operation by the metropolitan city’s municipality.

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.