UAE renews agreement with Islamic Development Bank

Jeddah: Shaikh Hamdan Bin Rashid Al Maktoum, Deputy Ruler of Dubai, UAE Minister of Finance and the Head of the UAE delegation to the Islamic Development Bank governors annual meeting in Saudi Arabia, has witnessed the signing of a partnership renewal agreement between the UAE and the Islamic Development Bank in Jeddah.

Dr. Rashid Ahmad Bin Fahd, Minister of Environment and Water, who was representing the Dubai based International Centre for Bio-Saline Agriculture, signed the agreement with Dr. Ahmad Mohamad Ali Al Madani, President of the Islamic Development Bank.

The signing of the five-year agreement means the Jeddah-based bank and the ICBA will continue in their partnership and cooperation in bio-saline land cultivation and research in the field of agriculture.