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.
U.S. Secretary of Defense Pete Hegseth met Singapore’s Defence Minister Chan Chun Sing on Tuesday to discuss military cooperation and security in th...
Ecuadorian authorities have seized more than $313 million in real estate assets from the armed group Comandos de la Frontera, or “Border Command,”...
The 80th session of the UN General Assembly opened on Tuesday, with incoming President Annalena Baerbock calling on member states to unite and act in ...
U.S. President Donald Trump said on Tuesday that the United States and India are continuing negotiations to address trade barriers between the two cou...
Elizabeth Tsurkov, an Israeli-Russian citizen and Princeton graduate student, has been released in Iraq after being held captive since March 2023 by t...
U.S. Secretary of Defense Pete Hegseth met Singapore’s Defence Minister Chan Chun Sing on Tuesday to discuss military cooperation and security in the Asia-Pacific region.
Ecuadorian authorities have seized more than $313 million in real estate assets from the armed group Comandos de la Frontera, or “Border Command,” in a large-scale police operation, the Interior Ministry said on Tuesday.
The 80th session of the UN General Assembly opened on Tuesday, with incoming President Annalena Baerbock calling on member states to unite and act in response to global crises.
U.S. President Donald Trump said on Tuesday that the United States and India are continuing negotiations to address trade barriers between the two countries.
AnewZ has learned that India has once again blocked Azerbaijan’s application for full membership in the Shanghai Cooperation Organisation, while Pakistan’s recent decision to consider diplomatic relations with Armenia has been coordinated with Baku as part of Azerbaijan’s peace agenda.
A day of mourning has been declared in Portugal to pay respect to victims who lost their lives in the Lisbon Funicular crash which happened on Wednesday evening.
The UK is gearing up for Exercise Pegasus 2025, its largest pandemic readiness test since COVID-19. Running from September to November, this full-scale simulation will challenge the country's response to a fast-moving respiratory outbreak.
A Polish Air Force pilot was killed on Thursday when an F-16 fighter jet crashed during a training flight ahead of the 2025 Radom International Air Show.
Israel’s airstrike on Hamas officials in Doha drew global condemnation on Tuesday, with Qatar calling it a violation of its sovereignty and the UN urging restraint.
A Russian airstrike has killed more than 20 civilians who were collecting their pensions in a village in eastern Ukraine, President Volodymyr Zelenskyy said on Tuesday.
Construction of the Zangezur Corridor in Azerbaijan is set to be completed next year, marking a major step in enhancing regional transport and trade flows, officials said.
A special session of the Milli Majlis is underway on 9 September, focusing on “The Washington Agreements: A Triumph of Peace Diplomacy and Wise Leadership.”
Azerbaijani President Ilham Aliyev addressed participants of the 13th Meeting of CICA Think Tank Forum themed “Resonance of Development and Security: Regional Cooperation and Governance in the Institutional Transformation of CICA”.
You can download the AnewZ application from Play Store and the App Store.
What is your opinion on this topic?
Leave the first comment