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Tuesday, June 23, 2026
Baku's second IsDB summit and a very long to-do list that stretches from Karabakh to Africa

Baku's second IsDB summit and a very long to-do list that stretches from Karabakh to Africa

The Islamic Development Bank's 51st Annual Meeting closed in Baku with a record-breaking pipeline of signed agreements, a $2.8bn single-session approval round, and a set of bilateral meetings that brought the finance ministers of Saudi Arabia and Kuwait, and the heads of seven major Arab development institutions, into direct conversation with Azerbaijan's leadership. The transactions deserve closer examination than the headline figures suggest.

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