The Islamic Development Bank (IDB) (Arabic: البنك الإسلامي للتنمية ) is a multilateral development financing institution located in Jeddah, Saudi Arabia. It was founded in 1973 by the Finance Ministers at the first Organisation of the Islamic Conference (now called the Organisation of Islamic Cooperation) with the support of the king of Saudi Arabia at the time (Faisal), and began its activities on 20 October 1975.[2] There are 56 shareholding member states.[3]
I'll admit, some of it flew past me, some of it confused me, but, then there's this:
The Middle East and North Africa (MENA) Investment Initiative in Syria and Iraq, funded by USAID, and the United Nations, World Bank Group, and Islamic Development Bank Group’s recently announced investment initiative to help countries in conflict, recovering from conflict, or hosting refugees, both include a strong emphasis on economic and social inclusion. But we don’t know how the current European refugee crisis will play out. Nor can we anticipate when or where the next such crisis will take place. What we do know is that building sustainable economies is a mission for development professionals energized by a new surge of creative thinking, and also a job for investors able to recognize opportunity where others might see only ruin. We also know that effective new tools are available to those who seek to tackle economic issues from the ground up. We hope that they are used.
view the rest of the comments →
argosciv ago
Habitat III
Islamic Development Bank
Connect the dots.
argosciv ago
@Dressage2 @Vindicator @alphabravo @The_Savant @Wisconsin_Is_Corrupt ^
Wisconsin_Is_Corrupt ago
Take a look at this article -
https://ssir.org/articles/entry/refugee_crisis_capitalism_to_the_rescue
argosciv ago
Lotta double-speak there... some good some bad...
I'll admit, some of it flew past me, some of it confused me, but, then there's this: