The 12th private sector forum organized by the Islamic Development Bank Group has concluded in Riyadh. With more than 2,000 participants representing business groups and government officials from 83 countries, the forum served as an important platform to promote investment and trade opportunities.
A total of 53 contracts worth $6.486 billion were signed during the four-day event. This agreement includes various sectors aimed at promoting the economic development of member countries and cooperation in the Arab region. The deal includes sponsoring an Arab summit for emerging companies.
The main objective of the forum is to inform the business community about the huge investment and trade prospects in the member countries. More than 2,000 participants, including government officials, CEOs, and heads of local and international companies, attended the meeting to explore potential investment opportunities and strengthen partnerships.
In his speech, Chairman of Islamic Development Bank Group, Dr. Mohammed Al Jasser, emphasized the importance of public-private cooperation in promoting economic and social development among member countries. He praised the success of convening the forum and emphasized its role in paving the way for mutually beneficial public-private cooperation, calling them important for the economic and social development of member countries.
The participation of delegates from 83 countries shows the global interest in developing economic relations within the Islamic Development Bank Group.
