Saudi Arabia

Country Code Alpha2
SA
Member Country
Kingdom of Saudi Arabia
Saudi Arabia

The Islamic Summit held in Makkah commends the new development model of the Islamic Development Bank and decides to increase its share capital to face development challenges in Member States

The Islamic Summit Conference commended, during its 14th ordinary session in Makkah, the important role of the Islamic Development Bank (IsDB) Group in promoting comprehensive development in OIC Member States, strengthening their cooperation, enhancing Islamic finance, developing infrastructure and promoting the private sector. The Conference called upon Member States to significantly increase the IsDB’s capital to enable it to meet the increasing needs of its Member States.
Saudi Arabia

Islamic Development Bank/IFRC to launch a new fund to combat cholera

H.E. Dr Bandar M. H. Hajjar, the President of the Islamic Development Bank (IsDB), and Elhadj As Sy, the Secretary General of the International Federation of Red Cross and Red Crescent Societies (IFRC), agreed on plans to create of a multi-million dollar fund to combat cholera and other diarrheal diseases in OIC countries.
H.E. Dr. Hamad Sulaiman Albazai

Saudi Arabia

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