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Abu Dhabi Fund for Development

Arab Coordination Group announces $50bn Africa investments

by Staff Writer Fri 10 Nov 2023Fri 10 Nov 2023

Arab development institutions announce major funding for African projects

Islamic Development Bank

Islamic Development Bank, WHO partner to scale up action on UN-backed SDGs

by Staff WriterThu 24 Nov 2022Thu 24 Nov 2022

The agreement was signed at the ‘Scoring for the Goals’ event on the sidelines of the FIFA World Cup in Doha

Arab Coordination Group

Arab Coordination Group to provide up to $24 billion financing by 2030 to address the global climate crisis

by Staff WriterThu 10 Nov 2022Thu 10 Nov 2022

The corpus, put together by regional and international development financial institutions, is to support the acceleration of energy transition, increased resilience of food, transport, water and urban systems in LCDs and small island developing states

Financing

Islamic Development Bank approves over $1 billion project development financing for nine countries

by Staff WriterSun 11 Sep 2022Sun 11 Sep 2022

Approved projects include key sectors such as food security, health, transport, energy, urban development, education, water and sanitation

Islamic Development Bank

Nasdaq Dubai welcomes listing of $2.5bn sustainability sukuk

by Staff writerMon 5 Apr 2021Wed 6 Oct 2021

Islamic Development Bank’s latest listing takes sukuk total on Nasdaq Dubai to over $17bn

Nasdaq Dubai has welcomed the listing of a $1.5 billion sukuk by Islamic Development Bank.

Banking & Finance

Islamic Development Bank lists $1.5bn sukuk on Nasdaq Dubai

by Sam BridgeMon 29 Apr 2019Thu 7 Oct 2021

Listing underlines Dubai’s role as the largest centre globally for sukuk listings by nominal value currently totaling $60.89bn

Dr Hayat Sindi, who is one of the first female members of the Consultative Assembly of Saudi Arabia, said that regional governments must inject more ‘creativity’ into school curricula.

creative minds

Top Saudi scientist calls for Gulf ‘innovation’ reform

by ITPSun 9 Dec 2018Wed 6 Oct 2021

Eminent doctor Hayat Sindi says region needs to encourage creativity and entrepreneurship

The first product in the pipeline is slated to be a real-time platform which facilitates transacting of real commodities and to solve inter-banking issues between conventional and Islamic bans in a Sharia-compliant manner.

Ayman Sejiny

Saudi Arabia’s ICD to introduce blockchain-based Islamic banking solutions

by Bernd Debusmann JrTue 4 Dec 2018Wed 6 Oct 2021

Islamic Corporation for the Development of the Private Sector’s agreement with Tunisia-based I-FinTech Solutions will focus on developing products designed to solve liquidity issues