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updated Thu. May 3, 2018

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IDB Invest, a member of the Inter-American Development Bank (IDB) Group, is a multilateral development bank committed to supporting the private sector in Latin America and the Caribbean. It finances sustainable enterprises and projects to achieve financial results that maximize economic, social and ...
The Inter-American Investment Corporation (IIC) is a member of the IDB Group. It is the only multilateral institution that has an exclusive focus on providing direct and indirect financing to small and medium-sized enterprises in Latin America and the Caribbean. Virgin Group founder, Sir Richard Branson, the ...

The loans are part of a broader strategy to leapfrog the country's development through digital transformation, thereby improving the lives of the people of Jamaica. President of the IDB Group, Mr. Luis Alberto Moreno and the Honourable Audley Shaw, Jamaica's Minister of Finance and the Public Service, ...
The Islamic Corporation for the Development of the Private Sector (ICD) (www.ICD-PS.org), the private sector arm of IsDB Group (www.IsDB-pilot.org), the International Association of Islamic Business (IAIB) and Sberbank of Russia, in close cooperation with the IsDB Group Business Forum (THIQAH) (www.
Mr. Oleg V Ganeev added, “SBERBANK considers strong and long term relations with IDB group of companies. There is constantly growing demand in the market for Islamic financing services. We are planning to cooperate with ICD on SME projects in regions of Russian Federation”. Distributed by APO ...
Meanwhile, the ICD, the private sector arm of IDB Group, the International Association of Islamic Business (IAIB) and Sberbank of Russia, in close cooperation with the IsDB Group Business Forum (THIQAH) and KPMG have organized the 1st Russian Islamic Economy Forum which was held on Tuesday in ...

NASSAU, The Bahamas – Deputy Prime Minister, Minister of Finance and IDB Governor, the Hon. K. Peter Turnquest led a Bahamas delegation to the Inter-American Development Bank's (IDB) 7th Annual Consultation of the Governors of the Caribbean Country Department, February 26-27, 2018 in ...
In presenting its 2017 report, IDB Group Activities in the Central American isthmus and the Dominican Republic, Bank officials highlighted the approval of 28 new loans for a total of $1.8 billion and $97 million in grant financing for investment and technical assistance. Available balances of operations ...
Among the highest-profile probes was that of Nochi Danker, who had controlled the IDB group, then Israel's biggest holding group. An ISA investigation into share manipulation ended in Dankner's conviction in 2016 and a two-year prison sentence. “Every decision to open a criminal investigation is a ...
IDB Invest, a member of the Inter-American Development Bank (IDB) Group, has issued a new 1.5bn peso (US$81mn) three-year bond in the Mexican capital markets. The bond will allow IDB Invest to finance its growing pipeline of operations in Mexico. As noted in the announcement, this is IDB Invest's ...
Saleh Jelassi, the IDB Group's regional director in Turkey, said the two initiatives will help member countries overcome development challenges while promoting the use of science, technology, and innovation (STI). Turkey distinguishes itself among all Islamic Development Bank member countries and is ...
Pursuit of the remaining fragments of Eurocom Group has been shifting into high gear in recent weeks with the addition of IDB Group and its controlling shareholder, Eduardo Elsztain, to the race. Even the Antitrust Authority's announcement that it would not allow IDB Group to compete unless it first sold ...
Eduardo Elsztain, the Argentine property magnate who controls the IDB Group, has shown no signs he will back down from the fight for control of Eurocom. Elsztain's bid, made through IDB's Discount Investment Corporation unit, is for 1.08 billion shekels. However, Elsztain has run into difficulties with the ...
The other two bids are from Eduardo Elsztain's IDB Group and from brothers Chen and Tzahi Neuman through their closely held Alon Group. The winner will get control of Bezeq, Israel's biggest telecommunications company, which Eurocom controls through a string of intermediary companies.
Turkey's Borsa Istanbul up at openSaleh Jelassi, the IDB Group's regional director in Turkey, said the two initiatives will help member countries overcome development challenges while promoting the use of science, technology, and innovation (STI).Turkey distinguishes itself among all Islamic Development ...
JEDDAH — The Board of Directors of the Islamic Corporation for the Development of the Private Sector (ICD) (www.ICD-PS.org) named Mohammed Al Ammari as Acting CEO & General Manager, succeeding Khaled Al Aboodi, who has recently been appointed to lead the government-owned Saudi ...
JEDDAH — Kashif and Imran Azam of Zultrack cracked tons in a record partnership of 246 for the first wicket as Aftab, Abu Dawood Trading, Nestle Milo, Zultrack, Timex Lothers, UCC, Al Hamrani Fuchs and IDB Group won their respective matches in the 3rd and 4th week ties of the WPCA Premier Division.

Saleh Jelassi, the IDB Group's regional director in Turkey, said the two initiatives will help member countries overcome development challenges while promoting the use of science, technology, and innovation (STI). Turkey distinguishes itself among all Islamic Development Bank member countries and is ...
Pursuit of the remaining fragments of Eurocom Group has been shifting into high gear in recent weeks with the addition of IDB Group and its controlling shareholder, Eduardo Elsztain, to the race. Even the Antitrust Authority's announcement that it would not allow IDB Group to compete unless it first sold ...
Eduardo Elsztain, the Argentine property magnate who controls the IDB Group, has shown no signs he will back down from the fight for control of Eurocom. Elsztain's bid, made through IDB's Discount Investment Corporation unit, is for 1.08 billion shekels. However, Elsztain has run into difficulties with the ...
The other two bids are from Eduardo Elsztain's IDB Group and from brothers Chen and Tzahi Neuman through their closely held Alon Group. The winner will get control of Bezeq, Israel's biggest telecommunications company, which Eurocom controls through a string of intermediary companies.
The ITFC is a member of the Islamic Development Bank (IDB) Group. In November, Sonbol said ... the Islamic world. Commencing operations in 2008, the corporation has consolidated all trade finance businesses that used to be handled by various windows within the IDB Group, according to ITFC website.
The struggle for control of Bezeq, Israel's dominant telecommunications company, got underway Tuesday as three contenders submitted offers to bail out Bezeq's parent company, the closely held Eurocom Group. The bids are from Argentine real estate mogul Eduardo Elsztain, who acquired the IDB group ...
The Islamic Corporation for the Development of the Private Sector (ICD) (www.ICD-ps.org), the private sector arm of Islamic Development Bank (IDB) Group (www.IsDB-pilot.org), signs today a Memorandum of Understanding (MoU) with JANA Bena'a Productive Families (www.JANA-SA.org) of Saudi ...
Nochi Dankner, who once lorded over the IDB group, has been replaced by Eduardo Elsztain. Lev Leviev, of Africa Israel Investments, is due to be replaced by Moti Ben-Moshe, who has already taken over the Alon Blue Square group, once controlled by Shraga Biran. Naty Saidoff is looking to replace ...
A vision of providing demonstrable development impact through private sector intervention in, the much needed, infrastructure sector in Africa, which is in line with ICD and IDB Group strategy. This fund leverages on ICD's current direct financing and investment strategy in this sector for a multiplier effect ...
The deal was a culmination of 2-year DNB/IIC partnership and marks the first B-bond issued in connection with an IIC A loan, and the second such structure deployed by the IDB Group. It also received a green bond certification from DNV-GL, making it the first certified green project bond in Uruguay.
BANJUL, Gambia — The International Islamic Trade Finance Corporation (ITFC), a member of the Islamic Development Bank (IDB) Group, signed a $210 million Framework Agreement with government of Gambia for financing over a 3-year period. The signing ceremony took place in Banjul on Tuesday, ...
Elsztain, who entered the Israeli business scene when he won control of the IDB group through a debt bailout, made known his interest in Bezeq through a stock-market announcement issued by IDB's Discount Investment Corp., which controls Cellcom Israel – a Bezeq rival. In the brief statement, Discount ...
Key local contractor Vevakanand Dalip Enterprise and its principal Vevakanand Dalip have been barred from Inter-American Development Bank (IDB) contracts for 13 years for alleged fraudulent and collusive practices. The banning is reported on the IDB's website and runs from December 29, 2017 to ...
The financing package is comprised of a USD-300-million A loan from the IDB Group, as well a USD-50-million co-loan from the IDB Invest-administered China Co-Financing Fund for Latin America and the Caribbean. It also includes a USD-650-million B loan from international commercial banks and ...
The financing package involves a $300m A loan from the IDB Group, as well a $50m co-loan from the IDB Invest-administered China Co-Financing Fund for Latin America and the Caribbean. It also comprises a $650m B loan from international commercial banks and institutional investors including CDPQ, ...
Tel Aviv, Israel-based blockchain technology firm and digital, localized currencies wallet app creator Colu has raised $14.5 million from Israel's prominent business group, IDB Group, as an investment in the company and its CLN (Colu Local Network) token presale launched a month ago, according to an ...
But the audit was told Dankner declared a 15-million-shekel loan from his cousin Nochi Dankner, owner of the IDB group that owed Bank Hapoalim around 10 billion shekels all told and was its biggest borrower. The bank credit committee didn't ask for information on Dankner's creditworthiness, but the ...
The initial $300 million USD “A” loan will come from the IDB Group with a 12-year tenor. Another $650 million USD, with a 12-year and 8-year tranche, will come from a group of international banks and investors, including BBVA, Banco Santander, BNP Paribas, KFW IPEX, Sumitomo Mitsui Banking ...
The International Islamic Trade Finance Corporation (ITFC), a member of the Islamic Development Bank (IDB) Group, has signed a €100 million ($118 million) syndicated agreement with Cameroon's government to support over 300,000 cotton farmers. Economy Minister Louis Paul Motaze, who is also IDB ...
The International Islamic Trade Finance Corporation (ITFC) (www.ITFC-IDB.org), a member of the Islamic Development Bank (IDB) Group (www.IsDB.org), signed a EUR 100 million syndicated agreement with the Government of Cameroon and Sodecoton as the Executing Agency for the export of cotton ...
IDB Group, which is involved in the finance and insurance sectors, is Israel's largest holding company. Amos Meiri, Colu's co-founder and CEO said the investment into his startup was “a vote of confidence in cryptocurrencies and the role they could play in the retail market.” “This strategic partnership with a ...
The Islamic Development Bank (IDB) Group is committed to further strengthening the mechanisms of economic and trade cooperation, expanding and deepening partnerships among member countries in the fields of trade, investment and finance, as well as mobilizing the necessary resources to meet ...
BUENOS AIRES — The Islamic Development Bank (IDB) Group has affirmed its commitment to further strengthen the mechanisms of economic and trade cooperation, expand and deepen partnerships among member countries in the fields of trade, investment and finance, as well as mobilize the necessary ...
Colu cofounder and CEO Amos Meiri said, "Partnering with IDB group is a vote of confidence in cryptocurrencies and the role they could play in the retail market. This strategic partnership with a group that has an avid commitment to the community, like we do, represents a big step towards expansion in ...
PARIS – The Inter-American Development Bank Group (IDB Group) announced its support for the newly formed Caribbean Climate-Smart Coalition, a public-private initiative aimed at funding an $8 billion investment plan to transform the region into the world's first “climate-smart” zone and benefit an ...
The Islamic Development Bank (IDB) Group has granted Cameroon a loan of F CFA 44.6 billion, to finance crude oil imports from the National Refining Company (SONARA), going by a presidential decree. In operation since 1981, this “simple” industrial unit markets imported and refined products such as ...
El Al offered to buy Israir from current owners IDB group for $25 million, in a bid to strengthen its offerings in the wake of the many new low-cost carriers that are now flying to Eilat – and the even greater competition expected when the new Ilan Ramon International Airport north of Eilat opens next year.
The antitrust ruling is not only a setback for El Al, whose shares ended down 3.5% at 1.42 shekels Wednesday, but also for the IDB group, the conglomerate controlled by Argentinean investor Eduardo Elsztain. El Al shares have fallen 60% since their peak in October 2016 as the company struggles despite ...
BRUNEI Darussalam reached yet another milestone with the country attaining a spot among the top 10 performing Islamic finance markets in the ICD-Thomson Reuters Islamic Finance Development Report 2017, published recently. With a score of 47 in the Islamic Finance Development Indicator (IFDI), ...
The media last week reported that former IDB Group controlling shareholder Nochi Dankner had sold his luxury home in Herzliya Pituah for NIS 47 million. Dankner was forced to sell the property as part of his debt settlement with the banks, to which he owes hundreds of millions of shekels. It has now been ...
ICD and BSIC Niger Cooperate to Finance SMEs in Niger. The Islamic Corporation for the Development of the Private Sector (ICD), the private sector arm of IDB Group, and BSIC Niger have entered into an agreement to finance SMEs in Niger. M ...
... general, UNWTO; Mr Luis Almagro, secretary general of the Organization of American States; Ms Cecile Fruman, global director, trade and competitiveness global practice, the World Bank Group; and Mr Alexandre Meira da Rosa, vice-president for countries, IDB Group are attending the conference.
... in order to accommodate IDB group's pyramidal structure to the Israeli Promotion of Competition and the Mitigation of Concentration Law, ...


 

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