(MENAFN) The annual meeting of the Islamic Development Bank (IsDB) Group has commenced in the Saudi port city of Jeddah under the main theme of "Partnerships to Fend off Crises." The four-day meeting has brought together officials from 57 member countries and representatives of Islamic banks and financial institutions. The event will feature over 30 sessions, with more than 100 speakers discussing several topics, such as sustainable finance, resilience, combating poverty, and Islamic finance.
On the first day of the meeting, the IsDB Group will launch an integration report for Arab countries aimed at measuring the level and progress of economic integration among member countries. The report is expected to provide valuable insights into the economic landscape of the region, helping policymakers and investors to identify opportunities for growth and development.
In addition to the integration report, the IsDB Group will also unveil several agreements and projects during the event. These include partnership strategies for member countries and humanitarian trust fund projects for Afghanistan. The agreements and projects highlight the IsDB Group's commitment to promoting economic growth and development across its member countries, particularly in the face of the many challenges posed by crises such as the COVID-19 pandemic and other geopolitical tensions.
The IsDB Group's annual meeting is an important platform for discussing key issues related to economic development and financial stability. The event provides an opportunity for policymakers, investors, and other stakeholders from around the world to exchange ideas, share best practices, and collaborate on initiatives aimed at promoting sustainable economic growth and development. Last year, the bank's annual meeting was held in Egypt's Red Sea resort city of Sharm el-Sheikh, and this year's event promises to be just as informative and insightful.
Overall, the IsDB Group's annual meeting underscores the importance of partnerships in overcoming crises and promoting economic growth and development. The event provides a valuable forum for stakeholders to come together, share knowledge and experiences, and work collaboratively towards a more prosperous future for all. As the world continues to face numerous economic and social challenges,
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