Sunday 30 April 2017
 
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Takaud to take part in Bali forum

Bahrain-based Takaud, a specialist provider of savings, investment and pension solutions for the Mena region, will participate in the third Sovereign Investments Forum, organised by the Islamic Development Bank, in Bali, Indonesia, from April 10

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IDB to host major PPP forum in Riyadh

Senior government officials and key regional and international executives from the private sector will discuss the wide-ranging aspects of the public-private partnership at a forum in Riyadh later this month. The first IDB Public-

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IDB agrees $790m for new development projects

The Islamic Development Bank (IDB) has approved $790 million for new development projects in member countries as well as education and professional training for Muslim communities in non-member countries, a report said. The approv

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Bahrain group Asma buys into UAE utilities provider

Bahrain’s Asma Capital owned by sovereign institutions including Islamic Development Bank (IDB), has signed a deal valued at $147 million in equity and project finance with UAE-based Utico, a top private full service utilities provider.

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Bahrain group Asma buys into UAE utilities provider

Bahrain’s Asma Capital owned by sovereign institutions including Islamic Development Bank (IDB), has signed a deal valued at $147 million in equity and project finance with UAE-based Utico, a top private full service utilities provider.

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IDB approves $434m Mena development projects

Saudi-based Islamic Development Bank (IDB) has approved $434 million funding for development projects in the Middle East and North Africa (Mena) region, said a report. Of this, a $170-million funding will go towards the developmen

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IDB lists $1.25 billion sukuk on Nasdaq Dubai

The Islamic Development Bank (IDB) listed a $1.25 billion Sukuk today (December 8) on Nasdaq Dubai, the region’s international financial exchange.   It is the seventh Sukuk listing on the exchange by the IDB, making it

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ITFC plans to expand global reach

The Jeddah-based International Islamic Trade Finance Corp (ITFC) plans to strengthen its global network of offices in an effort to increase the use of sharia-compliant banking in merchandise trade. "We want to be closer to me

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IDB, World Bank produce report on Islamic Finance

The Islamic Development Bank (IDB) Group and the World Bank Group have jointly produced a global report on Islamic finance. Director General of the Islamic Research and Training Institute (IRTI), Prof Mohamed Azmi Omar, announced

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Turkey, IDB plan regional Islamic 'megabank'

Turkey will partner with the Islamic Development Bank to create a regional Islamic finance "megabank", Turkish Deputy Prime Minister Mehmet Simsek said on Wednesday, as part of a government drive to become a powerhouse in Islamic finan

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