Cooperation portfolio bet. Egypt, IsDB hits $20.72B

Sun, 04 Feb 2024 - 02:47 GMT

The collaboration encompasses various development areas, including industry, mining, energy, finance, trade, agriculture, education, health, water and sanitation, real estate, information technology, communications, transportation, and urban development.

Egyptian chief of state discusses with IsDB president frameworks of cooperation

Tue, 14 Feb 2023 - 10:44 GMT

President Abdel Fatah al-Sisi met Tuesday in Dubai, on the sidelines of the World Government Summit, President of the Islamic Development Bank (IsDB) Mohamed al-Jasser.

IsDB honors media team of Egypt’s Planning Ministry

Sat, 04 Jun 2022 - 06:43 GMT

This honor came as the media team represents the host country for the annual meetings of the Bank Group, which was held in Sharm El-Sheikh from 1-4 June under the auspices of President Abdel Fattah El-Sisi.

Egypt-ICF supports setting unified vision for green transition in Africa ahead of COP27: Minister

Sat, 04 Jun 2022 - 01:48 GMT

The 2nd edition of Egypt International Cooperation forum (Egypt-ICF) is planned to set a unified vision for the green transition ahead of the United Nations Climate change Conference (COP27) scheduled this November, Egyptian Minister of International Cooperation Rania el Mashat said Saturday.

Reforms enabled Egyptian economy to overcome coronavirus, crises: PM

Fri, 03 Jun 2022 - 09:52 GMT

Madbouli made the remarks during a speech at the annual meetings of the Islamic Development Bank (IsDB) Group in Sharm El-Sheikh.

Egypt’s PM urges IsDB to adopt cooperation formula among member states on food, energy amid Ukraine crisis

Thu, 02 Jun 2022 - 11:53 GMT

This comes especially if the bank allocated in the future a funding for programs that aim at dealing with the challenges posed by the Russia-Ukraine crisis, Madbouli said in a meeting with IsDB President Muhammad Al Jasser on Thursday, a statement by the Cabinet said.

Private Sector Forum kicks off on sidelines of IsDB meetings in Sharm El-Sheikh

Thu, 02 Jun 2022 - 06:00 GMT

The three-day forum will review the opportunities and challenges facing the business sector such as export credit.

IsDB opens its first regional headquarter in Egypt

Thu, 02 Jun 2022 - 03:25 GMT

The new headquarter joins a series of branches of the group spread in several countries around the world, which work to support the sustainable development goals because of its experience of more than forty-five years, touching the lives of 1 in 5 of the world’s population, according to a statement.

Egypt's cooperation portfolio with ISDB exceeds $17B

Thu, 02 Jun 2022 - 02:14 GMT

Egypt’s strategic development partnership with the Islamic development Bank (IsDB) exceeds $17 billion, including the implementation of about 367 projects in Egypt.

For 1st time in 30 years: Egypt to host annual meetings of IsDB on June 1-4

Wed, 18 May 2022 - 12:17 GMT

Egypt is hosting the annual meetings of the Islamic Development Bank Group (IsDB Group) in Sharm El Sheikh on June 1-4.

Funding portfolio of International Islamic Trade Finance Corporation with Egypt is $13.8B

Mon, 14 Mar 2022 - 03:12 GMT

Minister of Planning and Economic Development Hala al-Said stated Monday that the International Islamic Trade Finance Corporation has funded Egypt with $13.8 billion until present.

Egypt to host 2022 IsDB Group's annual meetings next June

Wed, 22 Dec 2021 - 11:18 GMT

The meetings are set to be held in the Red Sea resort city of Sharm el Sheikh.

IsDB’s financing portfolio in Egypt records $14B

Thu, 30 Sep 2021 - 04:53 GMT

According to the Ministry, the IsDB’s financing portfolio covers 344 projects across several sectors, including electricity, energy, agriculture, irrigation, education, health, industry, mining, information and communications.

Planning minister takes part in IsDB annual meetings in Uzbekistan

Thu, 02 Sep 2021 - 12:23 GMT

Planning and Economic Development Minister Hala el Saeed left for Tashkent, Uzbekistan, to take part in the 2021 Group Annual Meetings of the Islamic Development Bank (IsDB) that will run till September 4.

Egypt 3rd of top 10 beneficiaries from IsDB: Minister

Tue, 05 Jan 2021 - 01:30 GMT

The funds were received in the period between August 2018 and December 2020, said Planning Minister Hala el Saeid in a statement Tuesday.

Planning min.: IsDB provided total funding of $12.8B for Egypt

Sun, 12 Jul 2020 - 04:15 GMT

In a press statement, Saeed lauded measures taken by the bank to combat the novel coronavirus through providing urgent aid for member states and Muslim communities in non-member states.

Egypt, IsDB probe boosting cooperation

Thu, 23 Jan 2020 - 01:03 GMT

The cooperation between Egypt and the bank falls within the framework of a three-billion-dollar strategics partnership deal effective till 2021.

ICD invests $230M in various sectors in Egypt

Sun, 14 Apr 2019 - 12:03 GMT

These investments included up to $75 million in the food industry and $75 million in the renewable energy in Benban Power Station.

Two agreements with ISDB, IBRD referred to parl't committees

Sun, 15 Jul 2018 - 01:55 GMT

The first report recommends scrapping an agreement signed in 2013 between the government and the ISDB to purchase equipment for building Al Azhar Educational Hospital.

Islamic banks governors call for launching second stage of AfTIAS

Wed, 04 Apr 2018 - 12:11 GMT

Governors of the Islamic Development Bank Group underlined the importance of launching the second stage of the Aid for Trade Initiative for the Arab States.