Saudi Arabia will host the annual meetings and golden jubilee celebrations of the Islamic Development Bank Group

Under the auspices of King Salman, Saudi Arabia will host the annual meetings and golden jubilee festivities of the Islamic Development Bank Group in Riyadh from April 27 to 30. The Saudi Press Agency stated that the subject of this year's sessions is "Taking Pride in Our Past and Shaping Our Future: Authenticity, Solidarity and Prosperity." 

The bank said it is commemorating 50 years of encouraging social and economic growth among its members and considers itself as a crucial forum for development debate. It stated that it anticipates the event would garner a great deal of regional and global interest in its capacity as a premier multilateral development bank.

Along with representatives of Islamic banks, the private sector, development finance institutions, chambers of commerce and industry, international and regional financial agencies and organizations, and nongovernmental organizations, participants will include the ministers of finance, planning, and economics from each of the bank's 57 member nations. 

The yearly conference, according to its organizers, provides an essential platform for participants to expand their cooperation and strengthen their commercial links. A number of events are scheduled on its program, including meetings, seminars, and forums covering a variety of subjects. Of special note are the Governors' Round Table, the 18th IDB Global Forum on Islamic Finance, and the IDB Group Private Sector Forum.

The role that SME's play in Saudi Arabia's Vision 2030 development and diversification agenda, methods for funding SDG initiatives, utilizing Islamic finance to build resilient infrastructure, and the creation of the Arab Coordination Group Forum are just a few of the subjects that will be covered during the discussion. 

There will also be a Future Vision Symposium and the Union of Consultants in Islamic Countries General Assembly during the event.