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.

Co-hosted by Pakistan’s Ministry of Climate Change (MoCC) and UNICEF, with extensive support from the Islamic Development Bank (IsDB), the National Urban Sanitation Workshop in Islamabad, Pakistan, was a first step in promoting South-South cooperation to meet urban sanitation challenges.

The Islamic Development Bank (IsDB) Group expresses its solidarity with the Government and people of the Islamic Republic of Pakistan following the devastating floods that have caused untold suffering, loss of lives, destruction of properties and unprecedented social-economic disruptions.

In a high-level virtual event, President of Islamic Development Bank (IsDB), Dr. Bandar Hajjar, and the Federal Minister for Energy (Power Division), Pakistan, Mr. Omar Ayub Khan, have inaugurated the construction of the 113 kilometer electricity transmission lines from Pak-Afghan border to Nowshera under the South Asia Central Asia Regional Trade and Transmission Project (CASA-1000).

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.

The Islamic University in Uganda (IUIU) has been a success story since it opened in 1988 however its popularity meant that it was severely oversubscribed and sufficient high standard accommodation was lacking. The university believed that providing better accommodation, would encourage more international students to come to the university and would help the university in their long-term goal of achieving a 50:50 split between national and international students.