Islamic Development Bank shares plans to double financing within 5 years

Ranked News

📰 Azerbaijan

Islamic Development Bank shares plans to double financing within 5 years 18.06.2026

Trend News Agency

The Islamic Development Bank (IsDB) Group plans to significantly increase its financial support to member countries, aiming to double its financing over the next five years. IsDB Group Chairman Muhammad Sulaiman Al Jasser announced this goal during the 51st Annual Meeting, highlighting a substantial growth in approved financing from approximately $1.5 billion until 2001 to $6 billion by 2025. He expressed optimism about reaching double the latter figure within five years. Al Jasser also stressed the bank's commitment to enhancing collaboration with other multilateral development banks (MDBs), currently working with ten such institutions and actively involving the Arab Coordination Group, to foster sustainable economic development and expand the IsDB's influence.

Trend News Agency Full Article

📰 Top Stories

Trump confirms he asked Fifa to review Balogun ban 2h ago

BBC

Politieke tak Hamas geeft na twintig jaar het bestuur van de Gazastrook op 2h ago

NOS

Khamenei Funeral Procession Underway Amid Heavy Security, Airspace Curbs 5h ago

RFE Radio Liberty

‘There Is No Going Back’: The Inside Story of Europe’s Rupture With America | World News 1h ago

Hindustan Times

DIRECT. Guerre en Ukraine : Kiev affirme avoir frappé la raffinerie d'Omsk, à 2 500 kilomÚtres de la frontiÚre 9h ago

La Depeche

France awaits decision on whether Le Pen can run for president in judgment that could define country’s future 2h ago

The Independent

„Sie werden Hunderttausende von Dollar haben“: Trump verspricht Neugeborenen Startkapital an der Börse 1h ago

Tagesspiegel

'I ate ketchup and cheese,' says Venezuelan girl trapped under quake rubble for 32 hours 12h ago

BBC

Podcast De Dag: Het NAVO-wapen van omstreden techbedrijf Palantir 2h ago

NOS

White House report accuses Smithsonian leaders of 'extreme' activism 11h ago

USA Today

đŸ‡ș🇾 United States

Trump labels FIFA referee ‘very suspect’ as he reveals what he said about Balogun red card call to Infantino for Team USA 1h ago

The Independent

SpaceX president to donate company stock to Trump Accounts; Katie Miller does the '$325 million' math 3h ago

The Times of India

Trump hurled his tablet across the Oval Office when he couldn’t connect a call with Canada’s Prime Minister: report 3h ago

The Independent

US service sector growth dips in June; employment rebounds after months of contraction 3h ago

The Straits Times

Trump administration plans to repeal 702 federal regulations 13h ago

The Straits Times

Vance's hot summer positions him as Trump's heir — for now 8h ago

Axios

Venezuela nach dem Erdbeben Die Angst vor dem Einsturz 10h ago

Tagesschau

The pitfalls of institutionalising US military aid to Israel 3h ago

Aljazeera

Treasury to issue US currency featuring Donald Trump's signature 13h ago

The Straits Times

Accused Charlie Kirk assassin Tyler Robinson fights back as prosecutors' sprawling case comes into focus 13h ago

Fox News

🟠 Americas

Venezuelan leader marks Independence Day with message of ‘no social unrest’ 18h ago

Aljazeera

Trump posts over 100 times on Truth Social following July 4 event 17h ago

The Independent

New York Harbor whale strike sinks fire rescue boat after July 4 celebrations 5h ago

Fox News

How you can keep your child safe on social media as new study found ‘systemic issues’ with many features 2h ago

The Independent

Former CDC official says RFK Jr. has done ‘irreparable harm’ to his agency: ‘Really difficult to recover from’ 17h ago

The Independent

MAGA Supporter Claims 'Trump Derangement Syndrome' Caused DC Heatwave 04.07.2026

The Independent

One killed and six injured in Pensacola shooting during youth gathering 19h ago

The Independent

‘I’m not sure what would get me to go back’: The growing number of Americans moving abroad 2h ago

The Independent

Democratic rising star Mallory McMorrow unexpectedly drops out of key Michigan Senate race 20h ago

The Independent

Experts warn of professional squatters using fraud to take over Los Angeles homes 05.07.2026

Fox News