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November 6, 2006

Islamic Development Bank unveils success of initial Infrastructure Development Fund

Bahrain: Monday, November 06 - 2006 at 12:18 PRESS RELEASE

The Islamic Development Bank (IDB), the Muslim world's premier multilateral financial institution, has unveiled an ambitious range of private funding initiatives to address developmental challenges among Member countries.

Speaking during a press conference at the 2nd World Islamic Economic Forum in Islamabad, Pakistan, IDB's President, His Excellency Dr Ahmed Mohamed Ali, also announced the latest results from the bank's pioneering US$730 million IDB Infrastructure Fund, established in 2001, and managed by Emerging Markets Partnership (Bahrain) B.S.C. (c).

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Posted by pichu at November 6, 2006 2:12 PM