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The International Islamic Trade Finance Corporation (ITFC) (http://www.ITFC-idb.org), a member of the Islamic Development Bank Group has published its 2025 Annual Report, revealing US$9.35 billion in trade finance approvals, US$7.79 billion in intra-OIC trade financing and US$6.35 billion mobilised from partner institutions in 2025, underscoring its role in financing trade, energy and food security across […]
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The Islamic Corporation for the Insurance of Investment and Export Credit (ICIEC) (https://ICIEC.IsDB.org), a Shariah-based multilateral credit and political risk insurer and member of the Islamic Development Bank Group, and the Arab Trade Financing Program (ATFP) have signed a Bank Master Policy under a Comprehensive Islamic Finance framework, further strengthening their longstanding partnership to facilitate […]
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The Islamic Development Bank (IsDB) Group (www.IsDB.org) successfully concluded the 5th IsDB Group Startups&Innovation Pitch Competition 2026 during the IsDB Group Annual Meetings and Private Sector Forum held in Baku, Azerbaijan. Organized under the theme “Empowering Innovation, AI, Finance, Trade, and Entrepreneurship Across OIC Markets”, the competition brought together entrepreneurs, innovators, investors, policymakers, and development […]
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The Islamic Development Bank Group (IsDBG) (www.IsDB.org) affiliated institutions organized the 14th Private Sector Forum from June 16 to 19, 2026, at Baku Convention Center in Baku (Republic of Azerbaijan). The forum was convened on the sidelines of the Group’s annual meetings, under the high patronage of His Excellency Ilham Aliyev, President of the Republic […]
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A United Nations Office for the Coordination of Humanitarian Affairs (OCHA) delegation led by Ms. Eden Wosornu, Director of the Response Division, met and held talks on 18 and 19 June with senior Government officials focusing on mutual cooperation and development programs. The delegation, accompanied by Ms. Nahla Valji, Resident Coordinator of UN offices in […]
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The International Islamic Trade Finance Corporation (ITFC) (www.ITFC-IDB.org), a member of the Islamic Development Bank (IsDB) Group, has signed a US$1 billion Framework Agreement with the Government of Burkina Faso to support trade finance activities over the next five years across agriculture, energy, health, and private sector development. The agreement was signed on the sidelines […]
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UNHCR, the UN Refugee Agency, is deeply concerned by the accelerating spread of Bundibugyo Ebola virus disease in the eastern Democratic Republic of the Congo (DRC) and the growing risks it poses to displaced communities across the region. As of 17 June, 896 confirmed cases and 232 deaths had been reported across 31 health zones […]
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The International Islamic Trade Finance Corporation (ITFC) (www.ITFC-IDB.org), a member of the Islamic Development Bank Group, concluded its participation at the 2026 IsDB Group Annual Meetings in Baku with a final day capped off with signings for member countries, private sector partners and regional trade promotion, bringing the total agreements signed to US$2.9 billion, demonstrating […]
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The International Islamic Trade Finance Corporation (ITFC) (www.ITFC-IDB.org), a member of the Islamic Development Bank (IsDB) Group, has signed a US$750 million Framework Agreement with the Republic of Djibouti to guide trade finance cooperation between the two parties from 2026 to 2029. The agreement was signed on the sidelines of the IsDB Group Annual Meetings […]
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The International Islamic Trade Finance Corporation (ITFC) (www.ITFC-IDB.org), a member of the Islamic Development Bank (IsDB) Group, continued to translate strategic dialogue into concrete partnerships on Day 3 of the 2026 IsDB Group Annual Meetings in Baku, highlighted by the signing of a US$750 million Framework Agreement with the Republic of Côte d’Ivoire. Following the […]
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