Islamic Development Bank
- Middle East
Islamic development bank elects Saudi nominee as new Prez
Jeddah, July 19 (IANS) The Islamic Development Bank (IsDB) said that Saudi Arabia’s nominee Muhammed Sulaiman Al Jasser has been elected as its new President for five years. The election was confirmed by…
- Pakistan
Cash-strapped Pakistan inks agreement with Saudi based bank to borrow USD 4.5 billion
Islamabad: A debt-ridden Pakistan has signed an agreement with Saudi Arabia-based Islamic Development Bank (IDB) to borrow USD 4.5 billion to alleviate oil and gas shortages that are crippling the economy and…
