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Asharq Al-Awsat

Business

Sharm El Sheikh - Sabri Najeh

DARK SECRETS: Islamic development bank targets green infrastructure projects human capital development | Vintage Vibes

Board of Directors Poverty

Dr. Muhammad bin Sulaiman Al-Jasser and Hala Al-Saeed during a press conference in Sharm El-Sheikh on Thursday. (Asharq Al-Awsat)

Dr. Muhammad bin Sulaiman Al-Jasser, Chairman of the Board of Directors of the Islamic Development Bank (IsDB), said that the group was currently focusing on green infrastructure projects and human capital development, especially in light of climate challenges.

In a press conference held on Thursday to launch the three-day activities of the IsDB in Sharm El-Sheikh, Al-Jasser said the group, which has so far provided funds amounting to USD 162 billion to 57 member countries, will pump the sixth increase in its capital by about USD 7.5 billion, bringing its capital to USD 77.5 billion.

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