Day: October 22, 2025

Tragic Shipwreck Off Tunisia Leaves 40 Migrants Dead, Including Infants

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A boat carrying approximately 70 irregular migrants sank off the Tunisian coast early Wednesday, in a tragic incident that resulted in the deaths of 40 people, including infants, judicial sources confirmed. According to Walid Shatbari, spokesperson for the Mahdia Court, 30 other individuals were rescued after the iron vessel, which was carrying migrants from sub-Saharan African countries aiming to reach Europe, foundered. In the wake of the disaster, the public prosecutor’s office in Mahdia has launched a criminal investigation. The probe is focusing on suspicions that an organized smuggling network…

IsDB Group Chairman Opens Market at London Stock Exchange to Celebrate €500 Million Green Sukuk Listing

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Chairman of the Islamic Development Bank (IsDB) Group, Dr. Muhammad Al Jasser, opened the market at the London Stock Exchange (LSE) this morning to celebrate the listing of IsDB’s €500 million Green Sukuk, issued under its enhanced 2025 Sustainable Finance Framework. The ceremony was attended by senior executives from IsDB, LSE Group, and global banking partners. The occasion marked IsDB’s second Green Sukuk and reaffirmed IsDB’s role as a trusted development partner connecting sustainable capital with global development priorities. In his remarks, Dr. Al Jasser underlined the significance of the…

Inaugural Children’s Theater Festival Launches to Foster Artistic and Social Development

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The “Children’s Theater Festival—First Foundational Edition,” organized by We Impact (Mouathiroun) Association, will run from October 22nd to 28th, 2025, under the banner #Impact_Kids. In response to profound cultural and social shifts and a growing need to reinvent artistic discourse around core humanistic values, the We Impact (Mouathiroun) Association has announced the inaugural Children’s Theater Festival. Scheduled for October 22-28, 2025, this groundbreaking event is designed as a radiant artistic and educational initiative for all children across the region, with a dedicated focus on inclusive access for those in cities,…

Global Sukuk Summit 2025 Explores Pathways to Accelerate Sustainable Finance and Expand Islamic Capital Markets

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The Islamic Development Bank (IsDB), in partnership with the Financial Times (FT) Group, brought together leading global investors, policymakers, and financial institutions for the Global Sukuk Summit 2025, held in London under the theme “Capitalizing on Sukuk Beyond Traditional Markets.” In his opening remarks, Dr. Muhammad Al Jasser, Chairman of the IsDB Group, emphasized that Sukuk have evolved from a niche product into a globally recognized and trusted asset class that effectively links finance with tangible development outcomes. “Sukuk represents capital with purpose, channeling financing into infrastructure, renewable energy, healthcare,…