Azerbaijan’s Minister of Economy Mikayil Jabbarov has been appointed Chairman of the Board of Governors of the Islamic Development Bank Group, with the 2026 Annual Meeting set to take place in Azerbaijan.
Azerbaijan has been selected to host the 2026 Annual Meeting of the Islamic Development Bank (IsDB) Group, following the appointment of Mikayil Jabbarov, the country’s Minister of Economy, as Chairman of the Bank’s Board of Governors.
The decision was formally marked at a host country handover ceremony held in Algeria. During the event, Jabbarov expressed Azerbaijan’s appreciation for the confidence shown by the IsDB Group and reiterated the country’s commitment to fostering deeper cooperation with Islamic financial institutions.
Reflecting on Azerbaijan’s successful hosting of the 35th Annual Meeting of the IsDB Group in 2010, the minister highlighted the positive impact such events have on strengthening economic partnerships and attracting new investment. He noted that the upcoming meeting will further support Azerbaijan’s goals for sustainable economic development.
A Memorandum of Understanding was also signed during the ceremony, outlining the facilities and commitments Azerbaijan will provide to ensure the successful organization of the 2026 gathering.
The IsDB Annual Meeting serves as a key platform for dialogue on development financing and collaboration among member countries, and its return to Azerbaijan underscores the country's growing role in the global Islamic finance ecosystem.
As the 13th edition of the World Urban Forum ended, Azerbaijan's Pavilion ...
A Turkish court has effectively removed the main opposition leader, Özgür Özel, in a ruling that has deepened political tensions and...
Disputes over control of the Strait of Hormuz and uranium enrichment continue to hin...
The Great Pyramid of Giza has survived for more than 4,600 years, outlasting empires, invasions and natural disasters. Now, researchers believe the...
Serbian President Aleksandar Vučić said he was pessimistic that an agreement would be reached before Friday&r...
As the 13th edition of the World Urban Forum ended, Azerbaijan's Pavilion showcased reconstruction efforts in its liberated territories and foregrounded the importance of mine removal in resettlement efforts.
A Turkish court has effectively removed the main opposition leader, Özgür Özel, in a ruling that has deepened political tensions and rattled financial markets.
Disputes over control of the Strait of Hormuz and uranium enrichment continue to hinder peace talks between the U.S. and Iran, as Pakistan stepped up mediation efforts during meetings in Tehran on Friday.
The Great Pyramid of Giza has survived for more than 4,600 years, outlasting empires, invasions and natural disasters. Now, researchers believe they have identified one of the key reasons why the ancient structure has endured for so long.
Asian stocks surged on Thursday as some vessels resumed passage through the Strait of Hormuz, while forecast-beating results at Nvidia and a suspended workers' strike at Samsung Electronics lifted shares of chipmakers.
Belarusian President Alexander Lukashenko has said Belarus will not be dragged into the war in Ukraine, while also stressing that Minsk and Moscow would jointly respond to any aggression against them.
The penultimate day of the World Urban Forum 13 in Baku will see Azerbaijan's Pavilion highlight post-construction efforts in Garabagh and East Zangezur, as well as host events on the future of Baku and architectural education.
NATO fighter jets were activated on Thursday (21 May) after at least one drone entered Latvian airspace, according to Latvia’s armed forces, marking the latest in a series of security incidents across the Baltic region linked to the war in Ukraine.
A French appeals court has found Airbus and Air France guilty of corporate manslaughter over the 2009 Rio–Paris crash, marking a major development in a case that has stretched on for 17 years.
A Turkish court has effectively removed the main opposition leader, Özgür Özel, in a ruling that has deepened political tensions and rattled financial markets.
A 13-year-old boy was killed in northern Gaza on Thursday (21 May) after an Israeli drone strike hit the town of Beit Lahiya, according to local health officials, as residents reported a renewed increase in Israeli evacuation warnings ahead of attacks.
Azerbaijan is stepping up efforts to strengthen its position as a regional hub for investment and connectivity ahead of the second Azerbaijan International Investment Forum in Baku this September.
Iran and Pakistan discussed developments in stalled Iran-U.S. negotiations during a visit to Tehran by Pakistani Interior Minister Mohsen Raza Naqvi, amid Islamabad’s ongoing mediation efforts.
President of Azerbaijan Ilham Aliyev held a telephone conversation with French President Emmanuel Macron on Thursday (21 May), with both leaders discussing bilateral ties, regional developments and ongoing peace efforts in the South Caucasus.
You can download the AnewZ application from Play Store and the App Store.
What is your opinion on this topic?
Leave the first comment