The Board of Executive Directors of the Islamic Development Bank (IDB), which held a meeting here yesterday under the chairmanship of its President Dr Ahmed Mohammad Ali, approved an amount of $ 775.4 million to help finance foreign trade transactions in member countries. The Board also endorsed allocation of $ 50 Million for an experimental project to reduce malaria-infection in member countries in addition to $600,000 to conduct a distinctive and academic feasibility study in the sphere of scientific accomplishments in member states in cooperation with local, regional and international institutions, both public and private.
