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.
Russian Prime Minister Mikhail Mishustin has said that cooperation between Moscow and Beijing is deepening despite turbulence in global politics and t...
Brazil opens three weeks of events linked to the COP30 climate summit, hoping to showcase a world still determined to tackle global warming....
Key elections in New Jersey, Virginia, and New York City are entering their final stretch, with the latest polls showing competitive contests that hav...
German President Frank-Walter Steinmeier has announced that Germany will provide Ghana with €65 million (approximately $69 million) in development a...
Alphabet Inc., the parent company of Google, is entering the U.S. dollar and euro debt markets with a multi-tranche senior unsecured notes issue....
Russian Prime Minister Mikhail Mishustin has said that cooperation between Moscow and Beijing is deepening despite turbulence in global politics and the world economy.
Key elections in New Jersey, Virginia, and New York City are entering their final stretch, with the latest polls showing competitive contests that have attracted national attention.
German President Frank-Walter Steinmeier has announced that Germany will provide Ghana with €65 million (approximately $69 million) in development assistance.
Alphabet Inc., the parent company of Google, is entering the U.S. dollar and euro debt markets with a multi-tranche senior unsecured notes issue.
Russia said on Monday that its troops had advanced in the eastern Ukrainian city of Pokrovsk, a transport and logistics hub that they have been trying to capture for over a year, but Ukraine said its forces were holding on.
Ukraine’s top military commander has confirmed that troops are facing “difficult conditions” defending the strategic eastern town of Pokrovsk against a multi-thousand Russian force.
Russia has launched its new nuclear-powered submarine, the Khabarovsk, at the Sevmash shipyard in Severodvinsk, the Defence Ministry said Saturday.
At least 37 people have died and five are missing after devastating floods and landslides hit central Vietnam, officials said Monday, as a new typhoon threatens to worsen the disaster.
U.S. President Donald Trump said he does not believe the United States is going to war with Venezuela despite growing tensions, though he suggested President Nicolás Maduro’s time in power may be nearing its end.
Since 8 August, Armenia and Azerbaijan have been making targeted efforts to consolidate progress and deepen dialogue, Armenian National Security Council Secretary Armen Grigoryan said at a conference in Brussels.
German President Frank-Walter Steinmeier has announced that Germany will provide Ghana with €65 million (approximately $69 million) in development assistance.
Bella Culley, a pregnant British teenager jailed in Georgia for smuggling marijuana and hashish from Thailand, was freed on Monday (November 3) under a plea agreement.
Ayatollah Ali Khamenei says that Tehran will not cooperate with Washington as it continues to support Israel, maintain military bases and interfere in the Middle East Region.
A conference marking the 80th anniversary of the Azerbaijan National Academy of Sciences was held on 3 November, where President Ilham Aliyev highlighted Azerbaijan’s growing investment in science, and the country’s technological and geopolitical vision.
You can download the AnewZ application from Play Store and the App Store.
What is your opinion on this topic?
Leave the first comment