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Muhammad Aurangzeb meets IDB chief, lauds support for Pakistan

Finance Minister Muhammad Aurangzeb held a meeting with the President of the Islamic Development Bank Dr. Muhammad Sulaiman Al Jasser in Washington. He acknowledged the...

IDB vows to expedite work on different projects in Pakistan

Prime Minister Shehbaz Sharif and President of Islamic Development Bank (IDB) Dr. Muhammad Sulaiman Al Jasser on Sunday agreed to the early completion of...

IDB president assures PM of continued financial support to Pakistan

ISLAMABAD: President of the Islamic Development Bank (IDB) Dr Sulaiman Al Jasser on Thursday assured Prime Minister Shehbaz Sharif of continued financial support to...

World Bank, IDB pledge $6.2bn for Pakistan’s flood victims

GENEVA: The Islamic Development Bank (IDB) and the World Bank has announced pledges of a total $6.2 billion to help build back a climate-resilient...

IDB approves US$60 bn for polio vaccination in Pakistan

The US$60 billion would include a $39 billion loan and $21 billion grant from the IDB for the vaccination.

Pakistan to borrow $4bn loan from Saudi-backed Islamic Development Bank

ISLAMABAD: Pakistan plans to borrow more than $4bn from the Islamic Development Bank as part of efforts to revive the economy and restore the...

IDB puts Islamic finance on AIIB drawing board

SARAJEVO: The Islamic Development Bank (IDB) is in discussions with Chinese officials to study the use of Islamic financing in the planned Asian Infrastructure Investment Bank (AIIB), the head of the Jeddah-based multilateral lender told Reuters.

IDB’s infrastructure fund looks to build regional links

A new infrastructure fund from the Islamic Development Bank aims to help Gulf-based companies expand in Asia and Africa, developing stronger economic ties among these regions.
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