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Business
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Economy
4/1/2023 11:53:25 PM
The board of executive directors for the Islamic Development Bank (IsDB) approved $344.5 million fund on Saturday to finance Phase I of Egypt's Electric Express Train Project during the bank's 350th meeting.
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Business
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Markets & Companies
7/31/2022 12:14:59 PM
The Islamic Development Bank (IsDB) has launched a Food Security Response Program (FSRP) worth $10.5 billion to support the bank’s 75 member countries, including Egypt, to address the ongoing food crisis amid the Russian-Ukrainian war.
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Business
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Economy
6/12/2022 2:52:08 PM
Egypt hosted the 47th annual meetings of the Islamic development bank (IsDB) Group in Sharm El-Sheikh over the course of four days early in June for the first time since the 1990s.
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Al-Ahram Weekly
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Economy
6/7/2022 8:30:30 PM
Supporting the private sector will be one of the Islamic Development Bank’s main priorities as it opens a regional office in Cairo, reports Doaa A. Moneim from Sharm El-Sheikh.
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Business
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Economy
6/4/2022 10:33:33 PM
Egypt plans to issue its first sukuk (Islamic sovereign bonds) in the upcoming FY2022/2023 with a key objective of financing the budget deficit, Minister of Finance Mohamed Maait told Ahram Online.
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Business
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Economy
6/4/2022 8:10:17 PM
The 47th annual meetings of the Islamic Development Bank (IsDB) group concluded on Saturday by emphasising the importance of a green transition and continued support for the growing role of the private sector in the country’s economy.
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Business
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Economy
6/4/2022 7:42:02 PM
Egypt will offer $40 billion worth of state assets to Egyptian and foreign investors in the form of profit sharing, production and management partnerships, and having a share in the companies’ capital, according to Minister of Public Business Sector Hisham Tawfik.
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Egypt
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Politics
6/2/2022 10:34:39 PM
Egypt’s economic reforms have enabled the country’s economy to withstand various crises, Prime Minister Mostafa Madbouly said in a speech on Thursday during the inauguration of the annual meetings of the Islamic Development Bank (IsDB) Group.
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Business
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Economy
6/2/2022 6:17:00 PM
The Islamic Development Bank Group (IsDB) has launched its first regional headquarters in Cairo during the group's 2022 annual meetings, which are being held in Sharm El-Sheikh under the auspices of Egypt’s President Abdel-Fattah El-Sisi.
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Business
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Economy
6/1/2022 9:24:02 PM
Sharm El-Sheikh is currently hosting the annual meetings of the Islamic Development Bank Group, the first to be hosted in Egypt since 1991.
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Business
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Economy
6/1/2022 4:28:14 PM
The annual meetings of the Islamic Development Bank (IsDB) Group kicked off on Wednesday in Sharm El-Sheikh, making this the first time Egypt is hosting the meetings since 1991.
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Business
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Economy
5/17/2022 5:34:33 PM
The Islamic Development Bank Group is set to hold its 2022 Annual Meetings in Sharm El-Sheikh from 1 to 4 June under the theme ‘Beyond Recovery: Resilience and Sustainability,’ the planning ministry announced on Tuesday.
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Business
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Markets & Companies
1/16/2022 5:48:20 PM
The Arab Petroleum Investments Corporation (APICORP), an energy-focused multilateral development financial institution, and the Islamic Development Bank (IsDB) have established the Infra Initiative, a $1 billion private sector-focused infrastructure financing initiative, according to IsDB.
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Business
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Economy
9/6/2021 3:53:21 PM
Minister of Planning Hala El-Said also welcomed the inauguration of the IsDB Group’s office in Egypt, stating that Egypt is among the 11 IsDB Group’s member countries that have a branch of the group
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Business
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Economy
9/5/2021 5:39:12 PM
Planning Minister Hala El-Said noted that this approval reflects the IsDB’s positive outlook on Egypt’s position and the member countries’ trust in Egypt’s capabilities
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Business
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Economy
2/16/2021 8:16:34 PM
The agreement is expected to improve intra-group collaboration and create room for cooperation with other multilateral development banks and international financial institutions
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Business
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Economy
10/21/2019 1:39:57 PM
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