EconomyEconomy
IDB’s capital raised to $150 billion
- Wednesday, 22 May 2013 14:31
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Dushanbe, Wednesday, 12 Rajab 1434/22 May 2013 (IINA) – The 38th Annual Meeting of the Board of Governors of the Islamic Development Bank Group (IDB), which concluded in Dushanbe, capital of Tajikistan, today has taken the landmark decision to increase the bank’s capital from $45 billion to $150 billion. Addressing a press conference at the end of the two-day meeting, IDB President Dr. Ahmed Muhammad Ali also said that the meeting decided to suspend the membership of Syria.
IDB Governors’ Meet kicks off in Dushanbe
- Tuesday, 21 May 2013 14:29
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Dushanbe, Tuesday, 11 Rajab 1434/21 May 2013 (IINA) – Tajikistan President Emomalii Rahmon opened the 38th Annual Meeting of the Board of Governors of the Islamic Development Bank Group (IDB) in Dushanbe, capital of Tajikistan, today. In his speech, Rahmon called on Muslim countries to strengthen cooperation to achieve their development goals and realize economic growth for their peoples. He said that Tajikistan was able to bring down percentage of poverty from 38 to 7.8, and realized a growth rate of 4.8 percent until last year.
IDB chief calls for cooperation between Central Asian states
- Monday, 20 May 2013 15:21
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Dushanbe, Monday, 10 Rajab 1434/20 May 2013 (IINA) – Dr. Ahmad Mohamed Ali, President of Islamic Development Bank (IDB), has called on the members of Central Asian Countries to work together for their economic development. Dr. Ali made the call while addressing the opening session of the 8th Global Forum on Islamic Finance in Dushanbe, the capital of Tajikistan, on Sunday.
IDB urged to establish Global Youth Development Conference
- Monday, 20 May 2013 15:20
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Dushanbe, Monday, 10 Rajab 1434/20 May 2013 (IINA) – The Former British Minister for International Development Shahid Malik has called on the Islamic Development Bank (IDB) to establish a Global Youth Development Conference in order to develop the capacity and employment opportunities of the youth in the Muslim world.
Dushanbe to host IDB Annual Meetings Tuesday
- Saturday, 18 May 2013 14:14
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Jeddah, Saturday, 08 Rajab 1434/18 May 2013 (IINA) – The 38th Annual Meeting of the Board of Governors of the Islamic Development Bank Group (IDB) will begin in Dushanbe, capital of Tajikistan, on Tuesday, May 21.
Job training, loans ease Arab youth unemployment
- Sunday, 12 May 2013 13:19
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Amman, Sunday, 02 Rajab 1434/12 May 2013 (IINA) – Just six months of learning to mend air conditioners changed Mohammed Nabouti’s life. Instead of drifting after high school like many of his jobless friends, the 21-year-old Jordanian works steadily, has taken a small loan to start his own business and recently got engaged.
