Economy
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Baku to host the 2026 Islamic Development Bank Group Annual Meetings
Baku (UNA) – As preparations progress in Baku to host the 2026 Annual Meetings of the Islamic Development Bank Group, the Minister of Economy of the Republic of Azerbaijan and Chairman of the Board of Governors of the Islamic Development Bank…
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The General Council for Islamic Banks and the Arbitration Center of the Organization of Islamic Cooperation sign a memorandum of understanding.
Istanbul (UNA) – The General Council for Islamic Banks and Financial Institutions signed a memorandum of understanding with the Arbitration Centre of the Organization of Islamic Cooperation (OIC), aimed at raising awareness of alternative dispute resolution mechanisms and preventing disputes, and supporting…
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Islamic Development Bank institutions host the 14th Private Sector Forum in Azerbaijan
Baku (UNA) – The institutions affiliated with the Islamic Development Bank Group – represented by the Islamic Corporation for the Insurance of Investment and Export Credit, the Islamic Corporation for the Development of the Private Sector, and the International Islamic Trade Finance Corporation – are hosting, in cooperation with…
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Baku to host the 13th World Urban Forum
Baku (UNA/AZERTAC) – The World Urban Forum, in its 13th session scheduled to be held in Baku from May 17 to 22, has launched a new component: the Business Hub…
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Islamic Development Bank Group institutions conclude “Private Sector Promotion Tour” in Baku
Baku (UNA) – The institutions of the Islamic Development Bank Group, namely: the Islamic Corporation for the Insurance of Investment and Export Credit (ICIEC), the Islamic Corporation for the Development of the Private Sector (ICD), and the International Islamic Trade Finance Corporation (ITFC), organized…
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Saudi Arabia, Russia, Iraq, Kuwait, Kazakhstan, Algeria, and Oman adjust production and reaffirm their commitment to oil market stability.
Riyadh (UNA/SPA) – The seven member states of the OPEC+ group, comprising Saudi Arabia, Russia, Iraq, Kuwait, Kazakhstan, Algeria, and Oman, which had previously announced voluntary adjustments…
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The Islamic Corporation for the Insurance of Investment and Free Zones (ICIIN) is hosting a high-level panel discussion in Baku.
Jeddah (UNA) – The Islamic Corporation for the Insurance of Investment and Export Credit is hosting a high-level panel discussion as part of the Private Sector Forum held on the sidelines of the 2026 Annual Meetings of the Islamic Development Bank Group…
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Saudi Arabia ranks second globally in the attractiveness of data center markets.
Riyadh (UNA/SPA) – The Kingdom of Saudi Arabia has achieved second place globally, after the United States, among the most attractive markets for data centers, an achievement that reflects its growing prominence in digital infrastructure and its rapid development…
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The Chairman of the Board of Directors of the Islamic Development Bank Group launches the “Solidarity 2.0” program.
Jeddah (UNA) – The Chairman of the Board of Directors of the Islamic Development Bank Group, Dr. Mohammed Al-Jasser, launched the “Solidarity 2.0 – Seeds of Solidarity” program on Tuesday, April 28, 2026. This is the second phase of…
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The General Council for Islamic Banks and Financial Institutions and the Bahrain Institute of Banking and Finance are organizing a seminar on enhancing the resilience of banks.
Manama (UNA) – The General Council for Islamic Banks and Financial Institutions, in cooperation with the Bahrain Institute of Banking and Finance (BIBF), held a virtual seminar entitled: “Enhancing the Resilience of Islamic Banks in the Face of External Shocks…”
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