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The Islamic Development Bank approved over $592 million in financing for new development projects in several member countries and Muslim communities in non-member countries. The major approvals included $105 million for an energy project in Saudi Arabia, $338.5 million for a high-speed train project in Turkey, and $74 million for a road project in Afghanistan. The Board also approved $775,000 in grants for educational projects benefiting Muslim communities in Ethiopia, Ghana, Malawi and Sri Lanka.

Author

Sajid Iqbal

Language

EN