Thursday, October 31, 2013


Prince Charles, IDB President Discuss Stronger Cooperation 


London, UK - The Prince of Wales, the first in-line to the throne in the United Kingdom, Prince Charles, held talks with the President of the Islamic Development Bank (IDB), Dr. Ahmad Mohamed Ali, to foster stronger cooperation between the Prince’s Trust (a leading charity organization supported by Prince Charles) and the IDB. 


The World cannot be at Peace When a Third of it is Poor, Says IDB President 


London, United Kingdom - The President of the Islamic Development Bank (IDB), Dr. Ahmad Mohamed Ali has said the world cannot be at peace when a third of its population is poor. He was speaking at the opening ceremony of the World Islamic Economic Forum in London, the first to be held outside a Muslim majority country. 
 
“The world, certainly cannot be at peace with itself, when about one-third of us are poor, without proper food and shelter, with high unemployment particularly among the youth and women, or at war”, Dr. Ali told the delegates at the conference taking place from 29-31 October 2013. He called for the reform of the global economy in order to rescue the world from the current and future economic turmoil. 
 
According to Dr. Ali, for the world to make progress economically, three key factors must be considered, namely, reducing the economic gap, building trust, and promoting the role of the private sector for development. The IDB President suggested that, as a framework for reforming the global financial system and ensuring stability, Islamic finance would be an alternative.
 

Wednesday, September 25, 2013

G8 Deauville Partnership Investment Conference London (16/09/2013)

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The UK Presidency of the G8, in association with the Islamic Development Bank Group and the European Bank for Reconstruction and Development, will hold a G8 Deauville Partnership Investment Conference on 16 September 2013 in London. The conference aims to bring together senior government Ministers and high-level businesses representatives from across the G8, the Arab Countries in transition and Deauville regional partners (Saudi Arabia, Qatar, Kuwait, UAE and Turkey) along with leaders of the International Financial Institutions (IFIs).

The main objectives of the conference is to provide a platform for Arab transition country governments in the Middle East and North Africa to showcase foreign direct investment opportunities in their countries and highlight steps they are taking to attract investment and to facilitate investment networking opportunities between companies from these countries and those from across the G8 and Deauville regional partners (Saudi Arabia, Qatar, Kuwait and UAE and Turkey), including those considering but not currently operating in the transition countries. It will also promote dialogue between investors, governments and the International Financial Institutions about challenges and policy barriers to attracting greater investment.

Please click below to visit the website

http://www.idbgbf.org/portal/event.aspx?id=29

Tuesday, September 17, 2013

IDB Group Business Forum-THIQAH's photostream

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The Islamic Development Bank Group hopes to improve sustainable development indicators in member countries whose private sector is a key factor that complements the role of governments and helps lighten their development burden, thereby allowing them to carry out their prime missions.