Tagged: Ahmad Mohamed Ali

IDB approves USD789.4m for new Projects

IDB approves USD789.4m for new Projects

The Board of Executive Directors of the Islamic Development Bank (IDB) has approved US $789.4 million to finance development projects in eleven member countries as well as education projects for Muslim communities in non-member countries. The BED appro…

Islamic Development Bank partners with GAVI to save children’s lives with vaccines

Islamic Development Bank partners with GAVI to save children’s lives with vaccines

The GAVI Alliance and the Islamic Development Bank (IDB) today signed a Memorandum of Understanding (MoU) to help save children’s lives by accelerating the introduction of life-saving vaccines in IDB member countries. The MoU was signed by Dr Seth Berkley, GAVI Alliance CEO, and Dr Ahmad Mohamed Ali, Islamic Development Bank Group Chairman. By 2020, GAVI plans to vaccinate more than 400 million children in at least 29 member countries. An estimated US$ 7 billion will be required to reach this target. IDB will work closely with GAVI to help secure sufficient funds for immunisation.

IDB joins call for polio eradication

IDB joins call for polio eradication

IDB’s president, Mohamed Ali, have urged for global solidarity in fight against polio. The bank is working on new financial package for the government of Pakistan that should help to finance polio eradicatoin activities in the country. IDB intends to p…

IDB selects four NGOs for philanthropic programme

IDB selects four NGOs for philanthropic programme

Islamic Development Bank has selected the following four nongovernmental organisations to implement the $130 million (more than Tk 900 crore) Fael Khair programme for victims of Cyclone Sidr: Islami Bank Foundation, Muslim Aid, Voluntary Organisation f…

Saudi investors to boost Bosnia ties

Saudi investors to boost Bosnia ties

IDB Group President Ahmad Mohamed Ali has invited the business communities from IDB member countries to take part in the Sarajevo Business Forum 2011 in Sarajevo, Bosnia and Herzegovina.
The forum will offer businessmen an opportunity to network and es…