site. With the ever expanding demand for its innovative products and services, IDB has now evolved from a single entity to a full-fledged Group comprising five entities, namely; the Islamic Development Bank (IDB), the Islamic Research and Training Institute (IRTI), the Islamic Corporation for the Development of the Private Sector (ICD), the Islamic Corporation for the Insurance of Investment and Export Credit (ICIEC), and the International Islamic Trade Finance Corporation (ITFC). “About one third of the IDB's financing has gone into education and health sectors, followed by agriculture (19.1 percent), transportation (15.1 percent), industry and mining (8 percent), energy (7.5 percent), and water, sanitation and urban services (7.9 percent). The remaining 15.3 percent of assistance has gone to other sectors”, said the IDB Group President. Prior to Dr. Ahmad Mohamed Ali's speech, a video footage on IDB Group's achievements and programs was also shown to the participants of the honoring ceremony.
