Jeddah: Saudi Fund for Development (SFD) CEO Sultan Al-Marshad participated in a roundtable meeting with the Arab Coordination Group (ACG) to discuss development initiatives in the Republic of Azerbaijan.

According to Saudi Press Agency, the meeting was attended by Azerbaijan’s Minister of Economy Mikayil Jabbarov. The discussions centered on aligning development funding with Azerbaijan’s strategic priorities and exploring avenues for future collaboration. The meeting culminated in the ACG signing a declaration of intent with Azerbaijan aimed at strengthening development cooperation through studying opportunities and sharing expertise.

On the sidelines of the roundtable, Al-Marshad held meetings with Azerbaijan’s President Ilham Aliyev and Prime Minister Ali Asadov. These discussions focused on further enhancing development cooperation with the SFD.