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.
IsDB-funded Tram Vehicles Start Arriving in Kayseri
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.
IsDB's Humanitarian Relief to Earthquake Survivors in Turkiye Continues
A team from the Islamic Development Bank (IsDB) Group Regional Hub Turkiye (RHT) is visiting Gaziantep City to display continued solidarity with the Government and People of Turkiye and to get a firsthand account of the progress in the distribution of IsDB-funded humanitarian and relief support amongst the survivors of the unprecedented deadly earthquakes that shook the city as well as tens of other towns on 6th February 2023.
IsDB Group’s Country Engagement Framework’s Mission Visits Azerbaijan
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.
IsDB Group Names Dr. Walid Abdelwahab as Director of Its Regional Hub in Turkiye
Islamic Development Bank (IsDB) President and Group Chairman, H.E. Dr. Muhammad Al Jasser, has appointed Dr. Walid Mohamad Abdelwahab as the new Director of IsDB Group Regional Hub Turkiye (RHT), one of the major regional hubs of the AAA-rated multilateral development bank of the Global South.
