Tagged: Ahmad Mohamed Ali Al-Madani

IDB suspends Syrian membership, Syrian National Coalition received invitation for meeting in Amman

IDB suspends Syrian membership, Syrian National Coalition received invitation for meeting in Amman

The opposition Syrian National Coalition has received a last-minute invitation to Wednesday’s Friends of Syria meeting in Amman, which acting chief George Sabra will attend. The meeting is expected to focus on efforts spearheaded by the United States and Russia to organise a peace conference in Geneva next month. In the same time, Islamic Development Bank has temporarily suspended Syria’s membership, according to IDB President Ahmad Mohamed Ali Al Madani. Mr. Madani said the decision was taken by the bank’s Board of Governors, citing a Syria resolution by the Organisation of Islamic Cooperation that was discussed at the board’s recent meeting. He added the IDB was set to give Syrian refugees any kind of help, but stressed its humanitarian funds were strictly limited.

IDB hopes for closer ties with IFSB

IDB hopes for closer ties with IFSB

Islamic Development Bank (IDB) president Dr Ahmad Mohamed Ali Al Madani suggested four key areas for the Islamic Financial Services Board (IFSB) to focus on durich his keynote address at the 10th IFSB Summit in Kuala Lumpur. These include the creation …

Islamic Development Bank’s Dhaka office on anvil

Islamic Development Bank’s Dhaka office on anvil

The Islamic Development Bank (IDB) will set up its country office in Dhaka, Bangladesh soon, according to its President Ahmad Mohamed Ali Al-Madani. Foreign Minister of Bangladesh, Dipu Moni, expressed satisfaction at the progress made with the Member Country Partnership Strategy (MCPS) for 2013-16 covering a number of important infrastructural, agricultural and human development projects. She also hoped that IDB would support several projects in the country. The IDB President assured of growing cooperation in power generation, including rural electrification and renewable energy use. He also shared his optimism about Bangladesh’s development pursuits to become a middle income country by 2021.