The President of the Islamic Development Bank, Dr. Ahmad Mohamed Ali, will participate in the meetings of Finance Ministers and Heads of International Financial Institutions in Marseille, France on Saturday 10th of September 2011.
The meeting will follow up on the decisions taken by the G8 Summit, 26-27 May 2010 in Deauville, France, to support those countries which undergoing socioeconomic changes in the Middle East and North Africa.
A MoU between IDB and the European Bank for Reconstruction and Development (EBRD) will be inked, on the sidelines of the meetings, to step up cooperation between the two institutions in areas of economic development and syndicated finance in Arab countries.