Saudi Arabia Hosts Islamic Development Bank's 50th Anniversary Meetings in Riyadh: Theme of
The Islamic Development Bank Group's annual meetings and golden jubilee celebrations will be held in Riyadh, Saudi Arabia, from April 27 to 30, under the patronage of King Salman.
The theme of this year's meetings is "Taking Pride in Our Past and Shaping Our Future: Authenticity, Solidarity and Prosperity." The Saudi Press Agency reported that the bank, which has been promoting social and economic growth among its members for 50 years, describes itself as a key platform for development dialogue.
As a leading multilateral development bank, the event is expected to draw significant international and regional attention.
The annual gathering of the Islamic Development Bank (IDB) will bring together economic, planning, and finance ministers from its 57 member countries, as well as representatives from international and regional financial agencies, Islamic banks, the private sector, development finance institutions, NGOs, and chambers of commerce and industry.
The event serves as a crucial platform for strengthening economic relationships and cooperation among participants.
Key agenda items include forums, seminars, and meetings on various topics, with notable events being the Governors’ Round Table, the 18th IDB Global Forum on Islamic Finance, and the IDB Group Private Sector Forum.
The text discusses the role of small and medium enterprises (SMEs) in Saudi Arabia's Vision 2030 development plan, which aims to reduce the economy's dependence on oil and achieve sustainable growth.
SMEs are seen as key contributors to this agenda due to their potential for job creation and innovation.
Strategies for financing efforts to achieve the Sustainable Development Goals (SDGs) will also be discussed, with a focus on sustainable financing mechanisms.
Islamic finance is identified as a potential solution for funding resilient infrastructure projects, which are essential for achieving the SDGs and building a more sustainable economy.
The text also mentions the establishment of the Arab Coordination Group Forum, which will bring together experts from various fields to discuss and collaborate on development issues in the Arab region.
The Future Vision Symposium and the General Assembly of the Union of Consultants in Islamic Countries will also take place during the event.
Overall, the text highlights the importance of collaboration and innovation in achieving sustainable development and economic diversification in Saudi Arabia and the Arab region.
As a leading multilateral development bank, the event is expected to draw significant international and regional attention.
The annual gathering of the Islamic Development Bank (IDB) will bring together economic, planning, and finance ministers from its 57 member countries, as well as representatives from international and regional financial agencies, Islamic banks, the private sector, development finance institutions, NGOs, and chambers of commerce and industry.
The event serves as a crucial platform for strengthening economic relationships and cooperation among participants.
Key agenda items include forums, seminars, and meetings on various topics, with notable events being the Governors’ Round Table, the 18th IDB Global Forum on Islamic Finance, and the IDB Group Private Sector Forum.
The text discusses the role of small and medium enterprises (SMEs) in Saudi Arabia's Vision 2030 development plan, which aims to reduce the economy's dependence on oil and achieve sustainable growth.
SMEs are seen as key contributors to this agenda due to their potential for job creation and innovation.
Strategies for financing efforts to achieve the Sustainable Development Goals (SDGs) will also be discussed, with a focus on sustainable financing mechanisms.
Islamic finance is identified as a potential solution for funding resilient infrastructure projects, which are essential for achieving the SDGs and building a more sustainable economy.
The text also mentions the establishment of the Arab Coordination Group Forum, which will bring together experts from various fields to discuss and collaborate on development issues in the Arab region.
The Future Vision Symposium and the General Assembly of the Union of Consultants in Islamic Countries will also take place during the event.
Overall, the text highlights the importance of collaboration and innovation in achieving sustainable development and economic diversification in Saudi Arabia and the Arab region.
Translation:
Translated by AI
