UAE renews agreement with Islamic Development Bank

JEDDAH: H.H. Sheikh Hamdan bin Rashid Al Maktoum, Deputy Ruler of Dubai, U.A.E. Minister of Finance and the Head of the U.A.E. delegation to the Islamic Development Bank governors annual meeting in Saudi Arabia, has witnessed the signing of a partnership renewal agreement between the U.A.E. and the Islamic Development Bank in Jeddah.

Dr. Rashid Ahmed bin Fahad, Minister of Environment and Water, who was representing the Dubai based International Centre for Bio-Saline Agriculture, signed the agreement with Dr. Ahmad Mohamed 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.