Quotes: MENA   Enter Symbol: NewsLetter: Search: advanced

UAE well positioned to serve IDB's goals: Shaikh Hamdan  Join our daily free Newsletter

MENAFN - Khaleej Times - 01/07/2014
No. of Ratings : 0
Add to Mixx!



(MENAFN - Khaleej Times) Shaikh hamdan bin rashid al maktoum deputy ruler of dubai and uae minister of finance has said the uae was keen on becoming an effective founder of the islamic development bank (idb) since its inception in 197

shaikh hamdan addressing the idb meeting in jeddah. — wam Addressing a ceremony held in jeddah to mark idb’s 40th anniversary and the start of its council of governors annual meeting shaikh hamdan said as the capital of islamic banking the uae is well positioned to further contribute in the development of the idb and realisation of its goals in supporting economic and social development in the member countries.Shaikh hamdan who is heading the uae delegation at the idb governors annual meeting in saudi arabia has witnessed the signing of a partnership renewal agreement between the uae and the idb in jeddah.Dr rashid ahmed bin fahad minister of environment and water who was representing the dubai-based international centre for bio-saline agriculture signed the agreement with dr ahmad mohamed ali al madani president of the idb.The signing of the five-year agreement means the jeddah-based bank and the icba will continue in their partnership and cooperation in bio-saline land cultivation and research in the field of agriculture.Idb financingMeanwhile the 298th meeting of the board of executive directors of theank that convened at the idb headquarters approved 447.6 million towards financing several new development projects in a number of member countries.
The meeting also approved three grants under the idb waqf fund for educational projects for muslim communities in kenya lesotho and trinidad and tobago. the major part of the financing 304 million went to the energy sector with 220 million for a power grid extension project in bangladesh and 83.75 million for the 132kv mirama-kable transmission line and distribution project in uganda.Other approvals of the board included: 87.5 million for improvement of wastewater management and sanitary services in al ghadir drainage basin lebanon; an additional 25 million for the second phase of queen alia airport expansion project jordan raising the idb financing for the queen alia airport expansion to 125 million; 15 million for primary healthcare services expansion project in chad; and 15 million for support to the development of technical and vocational schools project in guinea.Also a 450000 technical assistant grant was provided under the idb waqf fund towards capacity development of laboratory technicians (micro biology) in seven west african countries - burkina faso benin guinea malli niger senegal and togo. it is expected that such capacity building measures would help fight tb aids and malaria.— with inputs from wam

 


Khaleej Times




  MENA News Headlines
 Feb 14 2016 - Custodian of the Two Holy Mosques to patronize 1st Urban ForumSaudi Press Agency
(MENAFN - Saudi Press Agency) Under the patronage of the Custodian of the Two Holy Mosques King Salman bin Abdulaziz Al Saud, the Ministry of Municipal and Rural Affairs will organize the 1st Urban ...

 Feb 14 2016 - Saudi- Governor of Technical and Vocational Training Corporation meets Ireland's AmbassadorSaudi Press Agency
(MENAFN - Saudi Press Agency) The Governor of Technical and Vocational Training Corporation Dr. Ahmed bin Fahd Al-Fuhaid met here today with Irish Ambassador to the Kingdom Tony Cotter.During the ...

 Feb 14 2016 - Custodian of the Two Holy Mosques receives Switzerland's Foreign MinisterSaudi Press Agency
(MENAFN - Saudi Press Agency) The Custodian of the Two Holy Mosques King Salman bin Abdulaziz Al Saud received at Al-Yamamah Palace here today Swiss Foreign Minister Didier Burkhalter and his ...

 Feb 14 2016 - Custodian of the Two Holy Mosques Receives Secretary General of International Telecommunication UnionSaudi Press Agency
(MENAFN - Saudi Press Agency) The Custodian of the Two Holy Mosques King Salman bin Abdulaziz Al Saud received at Al-Yamamah palace here today the Secretary General of International Telecommunication ...

 Feb 14 2016 - Saudi- Dr. Al-Turki receives a Cambodian officialSaudi Press Agency
(MENAFN - Saudi Press Agency) The Secretary General of Muslim World League Dr. Abdullah bin Abdulmohsen Al-Turki received here today Cambodian Minister to the Premiership, Deputy Minister of labor ...

 Feb 14 2016 - "Ra'ad Al-Shamal", Largest Military Maneuver in Region's History Led by Kingdom of Saudi ArabiaSaudi Press Agency
(MENAFN - Saudi Press Agency) The Kingdom of Saudi Arabia is witnessing, during the next few hours, the arrival of troops participating in the largest and most important military maneuver in the ...

 Feb 14 2016 - Qatar- Kashiwa Reysol claim victory against 10-man AspireGulf Times
(MENAFN - Gulf Times) Kashiwa Reysol cruised to a comfortable 4-2 victory over ten-man Aspire Academy in the first game on Day 8 of Al Kass International Cup 2016.The match got underway amid blustery ...

 Feb 14 2016 - Doha RFC back on track with Bahrain blankoutGulf Times
(MENAFN - Gulf Times) Two weeks after they were handed their first defeat this season, Doha RFC 1st XV blanked out Bahrain RFC 32-0 to get their West Asia Championship campaign back on track at home ...

 Feb 14 2016 - Qatar- Cav claims second title Kristoff misses out againGulf Times
(MENAFN - Gulf Times) Last year, Alexander Kristoff won three stages but failed to emerge as the champion. History repeated itself this year, as Kristoff, despite winning three stages again, failed ...

 Feb 14 2016 - Sheikh Salman says FIFA to stay in ZurichGulf Times
(MENAFN - Gulf Times) FIFA presidential candidate Sheikh Salman bin Ebrahim al-Khalifa plans to keep the world soccer body's headquarters in Zurich and retain the name "FIFA" if he wins the race for ...

more...


 






Google

Click to Apply

 
 

Middle East North Africa - Financial Network

MENAFN News Market Data Countries Tools Section  
 

Middle East North Africa - Financial Network
Arabic MENAFN

Main News
News By Industry
News By Country

Islamic Finance News
Private Equity News

How-To Guides
Technology Section

Travel Section

Search News

Market Indices
Quotes & Charts

Global Indices
Arab Indices

Commodoties

Oil & Energy

Currencies Cross Rates
Currencies Updates
Currency Converter

USA Stocks
Arab Stocks
 

Algeria 
Bahrain 
Egypt 
Iraq
Jordan 
Kuwait 
Lebanon
Morocco 
Oman 
Palestine
Qatar 
Saudi Arabia 
Syria
Tunisia 
UAE 
Yemen

Weather
Economic Calendar
Financial Glossary


Financial Calculators

RSS Feeds [XML]

Corporate Monitor

Events

Real Estate
Submit Your Property

Arab Research
Buy a Research

Press Releases
Submit your PR

Join Newsletters


 
© 2014 menafn.com All Rights Reserved.  Terms of Service | Privacy Policy | Contact Us | Advertise | About MENAFN | Career Opportunities | Feedback | Help