Saudi Arabia, Oct. 29 -- The Islamic Development Bank (IsDB) and the Inter-American Development Bank Group (IDB Group) renewed their strategic partnership, pledging $1 billion over the next five years to support development in Suriname and Guyana and signing a memorandum of understanding (MoU).The renewed collaboration will focus on advancing inclusive and sustainable development in both countries, with investments focused on key sectors, such as transportation, energy, urban development, education, rural development, health, and resilience. Beyond Suriname and Guyana, the partnership supports broader collaboration in common member countries and IDB member countries with significant Muslim populations.The MoU also aims to deepen cooperation...