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Islamic Development Bank Signs Agreement with Indonesia - ASHARQ AL-AWSAT English Archive
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Jeddah, Asharq Al-Awsat – the Islamic development bank signed an agreement to provide Indonesia with a loan of 15 million US dollars for reconstruction of the Simiolo Island according to a report by the Saudi Press Agency.

The agreement was signed by bank’s acting president Dr. Sayyid Jaafar Adnan and Indonesian minister of finance and the bank’s governor on behalf of Indonesia dr. Sri Mulyani Indraweti.

The minister also signed an agreement to found Islamic corporation for trade finance of the organization of Islamic conference with a capital of 3 billion Dollars.

Asharq Al-Awsat

Asharq Al-Awsat

Asharq Al-Awsat is the world’s premier pan-Arab daily newspaper, printed simultaneously each day on four continents in 14 cities. Launched in London in 1978, Asharq Al-Awsat has established itself as the decisive publication on pan-Arab and international affairs, offering its readers in-depth analysis and exclusive editorials, as well as the most comprehensive coverage of the entire Arab world.

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