Arab and Muslim leaders condemned Israeli forces' "barbaric" actions in Gaza but declined to approve punitive economic and political steps against the country over its war against Hamas. The joint summit in the Saudi capital of the Arab League and the Organization of Islamic Cooperation highlighted regional divisions over how...
ITFC collaborates with Turk Eximbank for providing joint loan of US$277m
JEDDAH, SAUDI ARABIA - The International Islamic Trade Finance Corporation (ITFC), which is a member of the Islamic Development Bank, has collaborated with Turk Eximbank to provide a joint loan worth $277 million. This loan includes murabaha facilities, an Islamic finance and investment instrument. This collaboration aims to enhance trade...
OIC calls for measures to prevent Quran burning incidents
The Saudi Arabia-based Organization of Islamic Cooperation called for collective measures to avoid future Quran burnings, days after a copy was torched outside a Stockholm mosque. OIC met at its Jeddah headquarters to respond to Wednesday's incident in which an Iraqi citizen living in Sweden stomped on the holy book...Iran-Saudi relations ‘are based on mutual respect’
"Efforts are underway to reopen diplomatic and consular missions between Saudi Arabia and Iran, including the reopening of Iran's embassy in Riyadh and consulate in Jeddah," highlights Prince Faisal, adding that the Kingdom's embassy in Tehran will also reopen soon.
Saudi minister calls for road map to enhance OIC “media action”
Riyadh, Saudi Arabia— Saudi Media Minister Majid Al-Qasabi has called for developing a trust-based road map with clear mechanisms to advance joint Islamic action. The minister was speaking at the 12th session of the Islamic Conference of Information Ministers of the Organization of Islamic Cooperation in Istanbul on Saturday. He...
OIC new mechanism to settle investment disputes
The OIC, a 57 member body, has been working on a mechanism for the investment dispute redressal among member states for years now.OIC Secretary General meets US Ambassador-at-large for religious freedom
The two discussed ties between OIC and the United States in view of the strategic dialogue meetings which took place in Washington last May were reviewed.
Iran says diplomats in Saudi for Organization of Islamic Cooperation posts
Iranian diplomats are in Saudi Arabia to start work at a global organization representing Muslims, a first since the two rivals cut ties in 2016, Iran's foreign ministry announced on Monday. "The delegation is now in Jeddah to start its work at the Organization of Islamic Cooperation," Saeed Khatibzadeh said...
OIC says Afghanistan needs full support of member states
The OIC has said its members as well as non-members need to organize and implement an immediate humanitarian assistance plan for Afghanistan.
OIC panel urges cooperation in post-Covid affairs
Member states urged to work alongside regional and international stakeholders to devise people-centered policies.
