Pakistan and Islamic Development Bank (IDB) have signed three framework agreements amounting to 180 million dollars for Mohmand Dam Hydropower Project. The agreements were signed in Islamabad on Monday. Minister for Economic Affairs Omar Ayub Khan and President of Islamic Development Bank ...

Secretary General of OIC Hissein Ibrahim Taha and President of Islamic Development Bank Dr Muhammad Sulaiman Al Jasser arrived in Islamabad on Monday morning to attend the 48th session of the Council of Foreign Ministers of the Organization of Islamic Cooperation beginning tomorrow. Both the ...

ISLAMABAD-World Bank, Asian Development Bank and the Asian Infrastructure Development Bank will provide financing worth 1.5 billion dollars to Pakistan to strengthen health system and mitigate socioeconomic impacts of the Covid-19 pandemic.  Prime Minister Imran Khan witnessed the signing ...

ISLAMABAD - Islamic Development Bank offers huge support to Pakistan in the testing times. President Islamic Development Bank, Dr. Bandar M.H. Hajjar, had a Video Call with Minister for Economic Affairs, Makhdoom Khusro Bakhtiar yesterday, April 22, 2020, to assure the bank’s support for ...

ISLAMABAD - Pakistan makes two important requests to the Islamic Development Bank President Bandar Hajjar. President of Islamic Development Bank Bandar Hajjar and Economic Affairs Minister Hamad Azhar held a meeting in Jeddah and discussed matters of mutual interests. The Minister suggested him ...

ISLAMABAD - President Islamic Development Bank Dr. Bandar Hajjar has said the Bank has provided a total financing of 12.43 billion dollars to Pakistan through development projects in past years. Addressing a news conference in Islamabad, he said Pakistan is the third largest beneficiary of IDB ...

*ISLAMABAD - In order to counter the plummeting foreign reserves, Pakistan is eyeing to borrow more than $4 billion from the Saudi-backed Islamic Development Bank (IsDB).* *Financial Times, *quoting anonymous sources, reported that the Jeddah-based bank has agreed to make a formal offer to lend ...

ISLAMABAD: Pakistan has planned to borrow more than $4bn from the Saudi-backed Islamic Development Bank (IDB) as part of its attempts to restore dangerously low stocks of foreign currency. According to the foreign media, the Jeddah-based bank has agreed to make a formal offer to lend Islamabad the ...

ISLAMABAD – Pakistan has planned to borrow more than $4bn from the Saudi-backed Islamic Development Bank (IDB) as part of its attempts to restore dangerously low stocks of foreign currency. According to the foreign media, the Jeddah-based bank has agreed to make a formal offer to lend Islamabad ...

ISLAMABAD - Pakistan plans to borrow more than $4bn from the Saudi-backed Islamic Development Bank as part of its attempts to restore dangerously low stocks of foreign currency, Financial Times has reported. Two officials have told the Financial Times that the Jeddah-based bank has agreed to ...