Azerbaijan has been selected to host the 2026 Annual Meeting of the Islamic Development Bank (IsDB) Group, following a formal handover ceremony held in Algeria.
During the event, Azerbaijan’s Minister of Economy Mikayil Jabbarov was appointed as the Chairman of the IsDB Board of Governors.
In his remarks at the ceremony, Jabbarov expressed gratitude to the IsDB for entrusting Azerbaijan with the responsibility of hosting one of the bank’s most significant gatherings. He highlighted that this would mark the second time Azerbaijan hosts the event, recalling the successful organization of the 35th Annual Meeting in 2010.
Jabbarov noted that hosting the 2026 meeting would serve to strengthen Azerbaijan’s ties with Islamic financial institutions, attract new investment opportunities, and support the country’s ambitions for sustainable economic development.
A Memorandum of Understanding was signed during the ceremony, outlining the facilities and logistical support Azerbaijan will provide for the upcoming meeting.
The IsDB Annual Meeting is a key platform for high-level discussions on development policy, investment, and cooperation among member countries. Hosting the event is expected to elevate Azerbaijan's visibility in international development circles and underscore its growing role in the Islamic financial community.
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In June 2025, Iran and Israel entered direct war for the first time, ending years of covert hostilities. The three-day conflict reshaped regional dynamics and left lasting military, civilian, and diplomatic consequences.
On 15 June, President of the Republic of Azerbaijan Ilham Aliyev received the credentials of Ahmed Metani, the newly appointed Ambassador Extraordinary and Plenipotentiary of the State of Palestine.
On June 15, President of the Republic of Azerbaijan Ilham Aliyev received the credentials of Kang Kymgu, the newly appointed Ambassador Extraordinary and Plenipotentiary of the Republic of Korea. Following the formal presentation of credentials, President Aliyev held a meeting with Ambassador Kymgu.
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On Day 3 of the escalating conflict, a new wave of ballistic missiles was launched from Iran towards Israel, striking fear across the region as explosions were reported in Tel Aviv and Jerusalem.
Scientists at the South China University of Technology have engineered a new ceramic material that pushes the boundaries of heat resistance, a development with major implications for hypersonic flight, rocket engines, and energy production.
Amid the threat of civil war and national collapse, Azerbaijan turned to its most experienced statesman, Heydar Aliyev, whose return to power on June 15, 1993, marked the beginning of the country's political revival.
In June 2025, Iran and Israel entered direct war for the first time, ending years of covert hostilities. The three-day conflict reshaped regional dynamics and left lasting military, civilian, and diplomatic consequences.
The Trump administration is preparing to dramatically widen its immigration crackdown, with plans to ban entry to citizens from 36 more countries unless security and cooperation standards are met within 60 days, according to an internal State Department cable.
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