News
13 March 2026

ICD to arrange up to $900m Islamic financing for Mauritania iron ore project

In:
Metals and Mining
Region:
Middle East & Africa

The Islamic Corporation for the Development of the Private Sector (ICD) will arrange up to $900 million of Shariah-compliant financing for Mauritania Saudi Mining and Steel Company (Takamul) to develop the Atomai iron ore project. ICD, the private sector arm of the Islamic Development Bank,...

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