Tag Archives | Islamic Development Bank

Iraq launches Solidarity Program to Empower Civil Society

By John Lee. Iraq's Department of Non-Governmental Organizations, in cooperation with the United Nations Development Program (UNDP), has launched a project to empower civil society organizations in partnership with the Central Bank of Iraq (CBI), the Islamic Development Bank and the Islamic Solidarity Fund. The project aims to empower organizations and improve the social and […]

REFAATO, UNDP providing Safe Water to Iraqis

The United Nations Development Programme (UNDP) in Iraq has signed an agreement with Government of Iraq's Reconstruction Fund for Areas Affected by Terroristic Operations (REFAATO) to provide residents in Ishaqi, Salah-Al Din with access to safe reliable drinking water. Approximately $1.25 million, generously provided to REFAATO by the Islamic Development Bank, will be used to […]

World Bank Approves $335m Road Fund

From The World Bank. A new project will reduce traffic fatalities by nearly 25 percent on two transport corridors connecting Iraq to its northern, southern and western neighbors and beyond. The US$355 million Iraq Transport Corridors Project, approved by the World Bank Board of Directors on Thursday, will improve road quality and safety and promote […]

New UK Boost for Arab Businesses

Businesses across the Middle East and North Africa will get a £4.5 million boost from the UK, Prime Minister David Cameron announced at the World Islamic Economic Forum on Tuesday. The UK’s funding to the Nomou business fund will be matched by the Shell Foundation to support ‘missing middle’ businesses - those too large for […]

Iraq Applies to Join ECO

Iraq has applied to join the Economic Cooperation Organization, or ECO, Turkey's President Abdullah Gul has reported, according to an article at the weekend from World Bulletin. Leaders of ECO-member countries gathered in Istanbul for a one-day summit meeting during which Turkey assumed the rotating term presidency from Iran. Iraq, as well as Qatar and […]