Islamic Development Bank provides $1bn loan for ERL expansion as the Prime Minister engages in major financing talks for Bangladesh.

The entities involved

• Islamic Development Bank →

  multilateral development financing institution located in Jeddah, Saudi Arabia

  • Azerbaijan hosts the Islamic Development Bank Annual Meetings in Baku.Mon 10:11
  • Deepening cooperation between Kazakhstan and the Islamic Development Bank on finance, infrastructure, and technology, including a proposal for an IsDB office expansion in Astana.Sat 12:06
• Bangladesh →

  country in South Asia

  • US diplomatic pressure and WFP humanitarian aid are deployed in Bangladesh regarding the Rohingya crisis.Mon 10:47
  • The Russia-Ukraine war is cited as a cause for commodity price disruptions, with Bangladesh being involved in the context.Mon 09:50
• Tarique Rahman →

  11th Prime Minister of Bangladesh since 2026

  • Nahid criticized the Prime Minister's speech at the UN General Assembly on September 28, 2026.Mon 13:52
  • Tarique Rahman was recognized for his outstanding contribution to local children's education.Mon 10:19

Related events

• IsDB provides 20-year financing to Cameroon.Sep 11
• The Islamic Development Bank funded five hospital vessels that operate in coastal areas and river islands of Bangladesh.Aug 31
• Karmasangsthan Bank hosted an inaugural ceremony for its financing fund in Bangladesh.Sep 7
• The Islamic Development Bank (IsDB) announced support for water infrastructure projects in Kazakhstan.Sat 12:06
• Beeline and Square Group are expanding into Bangladesh by establishing a joint venture and gaining central bank approval for a digital bank license.Fri 12:27