Saudi Press

Saudi Arabia and the world
Friday, Nov 14, 2025

Saudi king to patronize Islamic Development Bank Group’s annual meetings in Jeddah in May

Saudi king to patronize Islamic Development Bank Group’s annual meetings in Jeddah in May

The Islamic Development Bank Group will hold its annual meetings between May 10 and 13 in Jeddah, with the theme “Partnerships to Fend off Crises,” the Saudi Press Agency reported on Tuesday.
During the gathering, to be held under the patronage of King Salman, the organization’s member states will discuss the importance of cooperation in efforts to address the challenges they face.

The annual meetings of the group serve as an important platform where global leaders, policymakers, development bodies and other stakeholders can come together and discuss critical development issues.

This year’s gathering will also include a Private Sector Forum, hosted by the Islamic Development Bank Group entities the Islamic Corporation for the Insurance of Investment and Export Credit, the International Islamic Trade Finance Corporation, and the Islamic Corporation for the Development of the Private Sector.

The aim of the Private Sector Forum is to provide a unique platform for communication and trade relations, and to explore investment and trade opportunities for member countries.

The main four-day group event will include high-level plenary meetings, interactive panel discussions, technical sessions and side events covering a wide range of topics, including the alleviation of poverty, infrastructure development, health, education, food security, climate change and innovation.

The annual meetings also offer opportunities for networking, sharing knowledge, and engaging with global leaders and experts in the field of development.

The Islamic Development Bank Group, the headquarters of which is in Jeddah, will also host a dedicated exhibition space showcasing its innovative projects and initiatives, as well as the achievements and success stories of member countries.

Rated AAA by major rating agencies, the group is a multilateral development bank that has been working for more than 49 years to improve the lives of the communities it serves. The bank, which has regional hubs and a center of excellence in 11 of its member countries, brings together 57 nations across four continents, touching the lives of one in five of the world’s population.

It says that it aims to equip people to drive their own economic and social progress by putting the required infrastructure in place that can enable individuals to fulfill their potential.

Over the years, the bank has evolved from a single organization into a group comprising five entities: The the bank itself, the Islamic Development Bank Institute, which is tasked with research and training, the Islamic Corporation for the Insurance of Investment and Export Credit, the International Islamic Trade Finance Corporation, and the Islamic Corporation for the Development of the Private Sector.
Newsletter

Related Articles

Saudi Press
0:00
0:00
Close
Cristiano Ronaldo Embraces Saudi Arabia’s 2034 World Cup Vision with Key Role
Saudi Arabia’s Execution Campaign Escalates as Crown Prince Readies U.S. Visit
Trump Unveils Middle East Reset: Syria Re-engaged, Saudi Ties Amplified
Saudi Arabia to Build Future Cities Designed with Tourists in Mind, Says Tourism Minister
Saudi Arabia Advances Regulated Stablecoin Plans with Global Crypto Exchange Support
Saudi Arabia Maintains Palestinian State Condition Ahead of Possible Israel Ties
Chinese Steel Exports Surge 41% to Saudi Arabia as Mills Pivot Amid Global Trade Curbs
Saudi Arabia’s Biban Forum 2025 Secures Over US$10 Billion in Deals Amid Global SME Drive
Saudi Arabia Sets Pre-Conditions for Israel Normalisation Ahead of Trump Visit
MrBeast’s ‘Beast Land’ Arrives in Riyadh as Part of Riyadh Season 2025
Cristiano Ronaldo Asserts Saudi Pro League Outperforms Ligue 1 Amid Scoring Feats
AI Researchers Claim Human-Level General Intelligence Is Already Here
Saudi Arabia Pauses Major Stretch of ‘The Line’ Megacity Amid Budget Re-Prioritisation
Saudi Arabia Launches Instant e-Visa Platform for Over 60 Countries
Dick Cheney, Former U.S. Vice President, Dies at 84
Saudi Crown Prince to Visit Trump at White House on November Eighteenth
Trump Predicts Saudi Arabia Will Normalise with Israel Ahead of 18 November Riyadh Visit
Entrepreneurial Momentum in Saudi Arabia Shines at Riyadh Forward 2025 Summit
Saudi Arabia to Host First-Ever International WrestleMania in 2027
Saudi Arabia to Host New ATP Masters Tournament from 2028
Trump Doubts Saudi Demand for Palestinian State Before Israel Normalisation
Viral ‘Sky Stadium’ for Saudi Arabia’s 2034 World Cup Debunked as AI-Generated
Deal Between Saudi Arabia and Israel ‘Virtually Impossible’ This Year, Kingdom Insider Says
Saudi Crown Prince to Visit Washington While Israel Recognition Remains Off-Table
Saudi Arabia Poised to Channel Billions into Syria’s Reconstruction as U.S. Sanctions Linger
Smotrich’s ‘Camels’ Remark Tests Saudi–Israel Normalisation Efforts
Saudi Arabia and Qatar Gain Structural Edge in Asian World Cup Qualification
Israeli Energy Minister Delays $35 Billion Gas Export Agreement with Egypt
Fincantieri and Saudi Arabia Agree to Build Advanced Maritime Ecosystem in Kingdom
Saudi Arabia’s HUMAIN Accelerates AI Ambitions Through Major Partnerships and Infrastructure Push
IOC and Saudi Arabia End Ambitious 12-Year Esports Games Partnership
CSL Seqirus Signs Saudi Arabia Pact to Provide Cell-Based Flu Vaccines and Build Local Production
Qualcomm and Saudi Arabia’s HUMAIN Team Up to Deploy 200 MW AI Infrastructure
Saudi Arabia’s Economy Expands Five Percent in Third Quarter Amid Oil Output Surge
China’s Vice President Han Zheng Meets Saudi Crown Prince as Trade Concerns Loom
Saudi Arabia Unveils Vision for First-Ever "Sky Stadium" Suspended Over Desert Floor
Francis Ford Coppola Auctions Luxury Watches After Self-Financed Film Flop
US and Qatar Warn EU of Trade and Energy Risks from Tough Climate Regulation
‘No Kings’ Protests Inflate Numbers — But History Shows Nations Collapse Without Strong Executive Power
Ofcom Rules BBC’s Gaza Documentary ‘Materially Misleading’ Over Narrator’s Hamas Ties
"The Tsunami Is Coming, and It’s Massive": The World’s Richest Man Unveils a New AI Vision
Yachts, Private Jets, and a Picasso Painting: Exposed as 'One of the Largest Frauds in History'
AI and Cybersecurity at Forefront as GITEX Global 2025 Kicks Off in Dubai
EU Deploys New Biometric Entry/Exit System: What Non-EU Travelers Must Know
Ex-Microsoft Engineer Confirms Famous Windows XP Key Was Leaked Corporate License, Not a Hack
China’s lesson for the US: it takes more than chips to win the AI race
Israel and Hamas Agree to First Phase of Trump-Brokered Gaza Truce, Hostages to Be Freed
The Davos Set in Decline: Why the World Economic Forum’s Power Must Be Challenged
Wave of Complaints Against Apple Over iPhone 17 Pro’s Scratch Sensitivity
Syria Holds First Elections Since Fall of Assad
×