IsDB leads multilateral development banks group in $300-$400bn lending boost target

RIYADH: All airports in Saudi Arabia that received passengers’ complaints in March resolved them on time, according to the General Authority of Civil Aviation.  In its monthly classification for air transport service providers, GACA highlighted the performance of airlines and 13 airports based on traveler complaints filed during the third month of 2024.  As per the … Read more

IsDB approves $225m for infrastructure projects in Nigeria and Malaysia

RIYADH: New energy and infrastructure projects in Nigeria and Malaysia will receive a funding boost, following the approval of $225 million in financing by the Islamic Development Bank.  The developments, given the green light by IsDB President and Group Chairman Muhammad Al-Jasser, focus on socio-economic development and sustainability across key sectors. 

IsDB Institute begins developing Islamic Finance Knowledge Pavilion Marketplace

The Islamic Development Bank Institute has kicked off the development of the pioneering Islamic Finance Knowledge Pavilion Marketplace. The pavilion will provide a digital marketplace of validated solution providers (institutions, consultants, and experts) in Islamic finance and economic development, and offer a one-stop shop for listing opportunities and seamless digital experience in the matchmaking of … Read more

Indonesia to improve cancer care in Jakarta with IsDB support

Year in review: Too many crises to keep count of in Africa’s Sahel belt as 2023 comes to a close NOUAKCHOTT, Mauritania: With world attention riveted on the war raging in Gaza between Israel and the Palestinian militant group Hamas, conflicts elsewhere, particularly the violence in Sudan and instability across the Sahel, are in danger … Read more

IsDB approves $2.12bn to finance development projects in member countries   

N3XT Sports opens Riyadh office as Saudi Arabia continues its strides in sporting sector   RIYADH: Saudi Arabia’s efforts to emerge as a leading sports hub in the Middle East and North Africa region are prospering, with Barcelona-based N3XT Sports announcing the opening of its new office in Riyadh.  In an interview with Arab News on … Read more