| The Islamic Development Bank has allocated 21 million euros for construction of a silo in the city of Garmsar, east of Tehran, Deputy Finance and Economic Affairs Minister Behrouz Alishiri said, ILNA News Agency reported. | |
|
Islamic Development Bank is a multilateral development financing institution located in Jeddah, Saudi Arabia. It was founded by the first conference of Finance Ministers of the Organization of the Islamic Conference (OIC), convened 18 December 1973. The bank officially began its activities on 15 Shawwal 1395H (20 October 1975). There are 54 shareholding member states. According to the Bank's official website Iran is the third main shareholder of the bank on the basis of paid-up capital with 9.32 percent of the total capital. |
...