Financial and Banking News

AID FLOWS

IDB Approves $993mn in 1984/1985 

The Islamic Development Bank (IDB) approved in 1405 H (1984/1985) 97 project financing, foreign trade and special operations totaling IDl,005.22mn ($993.35mn) as compared to ID982.66mn in 1404 H. an increase of 2%. The total financing approved during 1405 H included $270.67mn for project financing and technincal assistance, $659.40mn for foreign trade financing operations and $63.33mn for special operations....