IDB aims to triple size of infrastructure fund to $2 bln
 

27-06-14 06:13 AM

The Islamic Development Bank (IDB) has relaunched its infrastructure fund with backing from Saudi Arabia, Bahrain and Brunei, aiming to raise $2 billion - almost triple the size of the original fund. Jeddah-based IDB, a multilateral lender that promotes economic development in Muslim countries and communities, has ramped up its development efforts after it more than tripled its authorised ...

Source...