Cairo – Mubasher: The investment portfolio of the Islamic Development Bank (IDB) amounts to $2.3 billion, adding to purchasing oil products worth $3 billion, according to a press release.
Egypt's minister of international cooperation, Sahar Nasr, met a number of IDB's officials on Friday 12 August to discuss priorities and areas of future bilateral cooperation.
The meeting tackled designing a new cooperation strategy, giving a top priority to Sinai Peninsula.
"The strategy gives top priority to Sinai development and social housing, Discussions are underway to finance greenhouses within the 1.5 million fedden project, besides preparations for establishing a regional office for IDB in Cairo," Nasr said.