Tag: Islamic Development Bank

Morocco-Nigeria Gas Pipeline Project: Islamic Bank co-funds front-end engineering design study

December 22, 2021

The Islamic Development Bank (IsDB) has agreed to fund 50 pc of the Front-End Engineering Design (FEED) Study for the Nigeria-Morocco Gas Pipeline project expected ... Read More

Egypt in talks with five financial institutions to finance Aswan-Toshka railway project

December 21, 2021

Egypt is negotiating with five international financial institutions funding for planned Aswan-Toshka railway project linking the Arab republic to neighboring Sudan, reports say. The European ... Read More

IsDB, EIB to co-finance more projects in Africa, Southern Mediterranean Countries

February 2, 2019

The Islamic Development Bank (IsDB) and the European Investment Bank have discussed at meetings held in Luxembourg this week opportunities for co-financing new projects in ... Read More

Credit Agricole to Open Morocco’s First Islamic Bank

September 22, 2016

Moroccan state-owned bank Credit Agricole (CAM) received the approval of the Ministry of Finance to open an Islamic subsidiary with The Islamic Development Bank (IDB), ... Read More

Mauritania: first wind 30 MW energy plant inaugurated

November 26, 2015

Mauritanian President Ould Abdel Aziz inaugurated Tuesday the country’s first wind energy plant expected to produce about 30 megawatt, enough to cover 14% of energy ... Read More

European Bank outlines its priorities in Egypt

February 12, 2014

The European Bank for Reconstruction and Development (EBRD) has placed a great deal of interest in the Egyptian private sector and with a total budget ... Read More

Tunisia : a Major Boost to the Country’s Economy

February 10, 2014

In a move to restore its economy after the 2011 uprising, Tunisia plans to issue for the first time an Islamic bond or sukuk worth ... Read More

Egypt concludes deal for the Al Nouran Sugar Project

May 3, 2013

The Islamic Corporation for the Development of the Private Sector (ICD), the private sector arm of the Islamic Development Bank Group, and the Egyptian government ... Read More

Egyptian firm Wins $30 Mln Contract for Extension of Abidjan international airport

February 26, 2013

The Arab Contractors (AC), one of the leading construction companies in Egypt and the MENA region, has won a $30mln contract for the extension and ... Read More

Mauritania: financial assistance for health care

February 11, 2013

The Islamic republic of Mauritania has received a loan from the Islamic Development Bank to help the government support its health sector. The loan which ... Read More