Madinah: The Islamic University of Madinah signed yesterday a memorandum of understanding (MoU) with the Islamic Development Bank (IsDB) Group to enhance cooperation in areas of common specialization, support and develop knowledge, entrepreneurship, economics, and Islamic finance.

The two sides were represented in the MoU by Prince Dr Mamdouh bin Thunayan bin Saud, President of the Islamic University of Madinah, and the IsDB President, Dr Muhammad Sulaiman Al-Jasser.