RIYADH: Saudi Arabia-based Islamic Development Bank has approved $1.12 billion for financing development projects for various sectors in nine member countries, according to a statement. It has also approved a grant worth $1.79 million for a number of other projects including market access readiness in Yemen and special assistance grants to Muslim communities in three
JEDDAH: Islamic Development Bank President Mohammed Al-Jasser met with Uzbekistan President Shavkat Mirziyoyev on August 18 to discuss strengthening cooperation between both parties, Saudi Press Agency reported. A letter of intent was signed during the meeting to provide a framework for facilitating cooperation, promoting rapid processing and approval of projects and