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Thursday, May 30, 2024


    The Islamic Development Bank Group has its annual meeting to ‘avert crisis.’

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    The annual meeting of the Islamic Development Bank Group (IsDB) began on Wednesday in the Saudi port city of Jeddah under the subject “Partnerships to Avoid Crises.”

    The four-day meeting brought together delegates from 57 member countries as well as Islamic banks and financial institutions.

    During the event’s over 30 sessions, more than 100 speakers will explore a variety of themes including sustainable finance, resilience, poverty alleviation, and Islamic banking.

    The IsDB Group will present an integration report for Arab countries on the first day of the summit to assess the extent and progress of economic integration among member countries.

    The gathering will also showcase some agreements and projects, including as member-country partnership strategies and humanitarian trust fund projects for Afghanistan.

    The bank’s annual conference was held in Egypt’s Red Sea resort city of Sharm el-Sheikh last year.

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