Islamic Development Bank Holds Council Meeting in Jeddah

Meeting of the 206th session of the council of the Islamic Bank for Development, IBD executive directors was held in Jeddah in order to consider financing several developmental projects of several IBD member states.

A statement by the IBD said that the council discussed a report on the political status of the " al-Awqaf Fund" of the IBD and another report on the basic structure which has al- Manama as headquarters.

The IBD council also deliberated on several technical and administrative reports which deal with work progress in projects the bank finances in the member states.