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Islamic Development Bank Institute (IsDBI)
Source: Islamic Development Bank Institute (IsDBI) |

Bahrain Institute of Banking and Finance (BIBF) and Islamic Development Bank Institute (IsDBI) Deliver Training on Risk Management and Stress Testing for Islamic Financial Institutions

The virtual format enabled participants from across the Middle East and beyond to attend the program, further enhancing the diversity of perspectives and insights shared during the sessions

The Bahrain Institute of Banking and Finance (BIBF) and the Islamic Development Bank Institute (IsDBI) (www.IsDBInstitute.org) concluded a two-day virtual training program on "Risk Management and Stress Testing for Islamic Financial Institutions” from 3-4 July 2024. The program, attended by a diverse group of stakeholders including regulators and senior executives…

Elm

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    • Al-Ameen Al-Hazmi, Chief Integrated Solutions Officer at Elm, and Cheikh Bakhoum, Director General of the Sénégal Numérique (1)
    • Al-Ameen Al-Hazmi, Chief Integrated Solutions Officer at Elm, and Cheikh Bakhoum, Director General of the Sénégal Numérique (2)
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Source: Elm |

During its participation in GITEX AFRICA 2024, Elm signs Memorandum of Understanding (MoU) with Sénégal Numérique to explore collaboration opportunities

This MoU underlines the significance of the GITEX AFRICA 2024 as a leading platform that unites diverse institutions and companies in the digital technology sector

Elm (www.Elm.sa), a leading digital solutions provider, signed a Memorandum of Understanding (MoU) with Sénégal Numérique during its participation at GITEX AFRICA 2024, one of the region’s largest tech events. The event, which ran from May 29 to 31, 2024, in Marrakech, Morocco, was held under the supervision of the…

Ministry of Information, Eritrea
Source: Ministry of Information, Eritrea |

Eritrea: Diaspora Nationals Celebrate Independence Day Anniversary

In Saudi Arabia, nationals in Riyadh, Jeddah, Dammam, Khamis Mushait, and Al-Namas celebrated the 33rd Independence Day with various cultural and artistic performances

Nationals in Qatar, the Kingdom of Saudi Arabia, and Ethiopia enthusiastically celebrated the 33rd Independence Day anniversary under the theme “Peace Anchored on Resilience”. In Doha, the celebratory event was attended by numerous nationals, members of the diplomatic community, and invited guests. Eritrea’s Ambassador to Qatar, Mr. Ali Ibrahim, spoke…

World Health Organization - Regional Office for the Eastern Mediterranean

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    • World Health Organization (WHO) welcomes funding support from KSrelief for critical health response operations in Sudan, Syria, and Yemen
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Source: World Health Organization - Regional Office for the Eastern Mediterranean |

World Health Organization (WHO) welcomes funding support from the King Salman Humanitarian Aid and Relief Centre (KSrelief) for critical health response operations in Sudan, Syria, and Yemen

In Sudan, the generous contribution of USD 5 million will ensure the provision of life-saving dialysis treatment for individuals living with kidney failure in 77 renal dialysis centers across the country

The World Health Organization (WHO) today signed funding agreements with the King Salman Humanitarian Aid and Relief Centre (KSrelief) valued at USD 19.4 million to jointly address global health challenges including in emergency responses. The support will reinforce WHO operations and programmes in three countries namely Sudan, Syria, and Yemen.…

World Food Programme (WFP)
Source: World Food Programme (WFP) |

Saudi Arabia’s donation to boost World Food Programme (WFP) refugees response in Tanzania

The contribution of dates will enhance the nutritional value of WFP’s food assistance to vulnerable groups such as pregnant and breastfeeding women and hospital patients

The United Nations World Food Programme (WFP) is pleased to announce a donation of 25 metric tons of nutritious dates from the Kingdom of Saudi Arabia through the King Salman Humanitarian Aid and Relief Centre (KSrelief) to support 200,000 refugees in Tanzania. The contribution of dates will enhance the nutritional…

Islamic Corporation for the Insurance of Investment and Export Credit (ICIEC)
Source: Islamic Corporation for the Insurance of Investment and Export Credit (ICIEC) |

Strengthening Global Partnerships: Islamic Corporation for the Insurance of Investment and Export Credit (ICIEC) Seals 13 Agreements Worth US$689 Million Across Diverse Sectors at the 2024 Islamic Development Bank Group (IsDB) Annual Meetings

This included the ICIEC’s High-Level Panel Discussion that highlighted the transformative role of Saudi investments in fostering economic growth across ICIEC Member States, in alignment with their national development agendas

The Islamic Corporation for the Insurance of Investment and Export Credit (ICIEC) (http://ICIEC.IsDB.org), the Shariah-based multilateral insurer and member of the Islamic Development Bank (IsDB) Group, successfully concluded the 2024 Annual Meetings, having signed thirteen significant agreements and MoUs totaling US$ 689 million. These commitments with fifteen member countries and…

Islamic Development Bank Group Business Forum (THIQAH)
Source: Islamic Development Bank Group Business Forum (THIQAH) |

Islamic Development Bank Group Announces Winners of Private Sector Forum Awards 2024 Recognizing Excellence in Islamic Finance and Development Initiatives

The PSF 2024 Awards honors exceptional achievements, groundbreaking innovations and impactful initiatives by market practitioners driving positive change through Shariah compliant financial instruments

The Islamic Development Bank Group (IsDB) announces the winners of the Private Sector Forum (PSF) 2024 Awards, celebrating outstanding contributions to Islamic finance and development initiatives across 57 member countries. The IsDB Group, comprising the Islamic Corporation for the Insurance of Investment and Export Credit (ICIEC), the Islamic Corporation for…

Islamic Development Bank Institute (IsDBI)

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    • Islamic Development Bank Institute Fosters Islamic Finance Collaboration during 2024 Group Annual Meetings
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Source: Islamic Development Bank Institute (IsDBI) |

Islamic Development Bank Institute Fosters Islamic Finance Collaboration during 2024 Group Annual Meetings

Key areas for collaboration include promoting skills development, strengthening the legal and regulatory ecosystem, developing social safety nets, mainstreaming Islamic finance within the global financial architecture, and accelerating the achievement of SDGs

The Islamic Development Bank Institute (IsDBI) (https://IsDBInstitute.org) played an important role in supporting Islamic finance during the 2024 IsDB Group Annual Meetings and Golden Jubilee Celebration in Riyadh, Kingdom of Saudi Arabia. From April 27-30, IsDBI hosted 20 bilateral meetings with a diverse range of partners. This strong engagement underscores the…

Islamic Corporation for the Insurance of Investment and Export Credit (ICIEC)

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    • Mr. Oussama Kaissi, CEO of ICIEC, and Mr. Adel bin Abdullah Al-Jumaa, Chief Strategy Officer, Agricultural Development Fund
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Source: Islamic Corporation for the Insurance of Investment and Export Credit (ICIEC) |

Islamic Corporation for the Insurance of Investment and Export Credit (ICIEC) and Kingdom of Saudi Arabia's (KSA) Agricultural Development Fund Collaborate to Strengthen Agricultural Sector

The MoU, in addition to strengthening the Fund’s employees’ understanding of ICIEC’s business model and services, will also facilitate its affiliations with relevant unions or professional associations

The Islamic Corporation for the Insurance of Investment and Export Credit (ICIEC) (http://ICIEC.IsDB.org), a Shariah-based multilateral insurer and esteemed member of the Islamic Development Bank (IsDB) Group, is pleased to announce the signing of a Memorandum of Understanding (MoU) with the Agricultural Development Fund (Saudi Arabia). The signing took place…

Islamic Development Bank Institute (IsDBI)

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    • Dr. Sami Al-Suwailem during the session in Riyadh KSA, 30 April 2024
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Source: Islamic Development Bank Institute (IsDBI) |

Dr. Sami Al-Suwailem Highlights Islamic Development Bank's Pioneering Role in Islamic Finance

The Acting Director General listed many firsts by the IsDB, including pioneering Islamic financial transactions and instruments, as well as creating an ecosystem for Islamic finance to grow

The Islamic Development Bank (IsDB) (https://IsDBInstitute.org) played a pioneering role and made defining contributions to the growth and development of Islamic finance globally over the past 50 years, Acting Director General of IsDB Institute, Dr. Sami Al-Suwailem, has said. Dr. Al-Suwailem made these remarks while welcoming participants of a side event…