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Multilateral development financing institution located in Jeddah, Saudi Arabia
The Islamic Development Bank is a multilateral development finance institution that is focused on Islamic finance for infrastructure development and located in Jeddah, Saudi Arabia. There are 57 shareholding member states with the largest single shareholder being Saudi Arabia.
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Pakistan and the Islamic Development Bank (IsDB) have reaffirmed their commitment to a results-oriented partnership focused on development financing, strategic investments and effective project implementation. The commitment emerged during a meeting between Minister for Economic Affairs Ahad Khan Cheema and IsDB…