l’Algérie au cœur de l’économie islamique mondiale
Summary of the 2025 Annual Meetings of the Islamic Development Bank in Algeria
The upcoming Annual Meetings of the Islamic Development Bank (IDB) in Algeria, scheduled from May 19 to 22, 2025, will serve as a pivotal opportunity for the country to position itself at the center of the global Islamic economy. These meetings will be held under the high patronage of President Abdelmadjid Tebboune at the Abdelatif Rahal International Conference Center in Algiers.
These assemblies represent a chance for Algeria to enhance its presence in the Islamic finance market by showcasing its achievements in developing Islamic banking and innovative financing instruments that adhere to Sharia principles. In addition to promoting its economic reforms, Algeria aims to highlight its investment potential, particularly in renewable energy, transformational industries, sustainable agriculture, and modern technologies.
Since gaining independence, Algeria has established its diplomatic and economic vision on the principles of multilateral cooperation, which focuses on solidarity, development, and shared prosperity. This vision has led to the formation of strong partnerships with leading international institutions, including the IDB. The collaboration with the IDB has significantly contributed to Algeria’s social and economic transformation over the decades, involving financing for large structural projects as well as technical support that has bolstered the national economy.
In light of the increasing challenges faced by the global economy, Algeria is now looking to develop a new collaborative framework with the IDB, concentrating on innovative strategies that support innovation, foster economic diversification, and empower SMEs as a driver of sustainable growth.
Algeria’s selection to host the annual meetings for the third time—following successful sessions in 1990 and 2001—demonstrates renewed confidence in the country and the strength of its bilateral relations with the IDB. The theme for this year’s meetings is "Economic Diversification: Enriching Lives," as Algeria prepares to ensure optimal conditions for welcoming participants while also showcasing its rich cultural heritage and economic diversity.
In conclusion, these upcoming assemblies not only highlight Algeria’s past and ongoing partnership with the IDB but also symbolize the country’s commitment to economic development through innovative financing and sustainable practices.
