Islamic Development Bank Group Participates in Forum in

Jeddah, March 12, SPA--The Islamic Development Bank Group has
participated in the 2nd Economic Astana Forum recently held in
Kazakhstan.

The delegation has been headed by President of Islamic Development
Bank Dr. Ahmed Mohammed Ali, who delivered a speech at the Forum's
opening session titled "Islamic Banking As a Way of Financing under
the Global Financial Crisis".
Dr. Ali pointed out that in light of the financial
crisis, the world is facing three challenges including the
restoration of financial and economic stability and mitigation of the
impact of economic insecurity as well as the development of more
responsive solutions to the global risk system.
Saudi Minister of Economy and Planning Khalid Al-Gosaibi
participated in the Forum's inaugural session.
--SPA