This action follows a trilateral agreement reached by Iran, Saudi Arabia, and China
Organisation of Islamic Cooperation
Latest in Organisation of Islamic Cooperation
halal
OIC member states records $63bn trade deficit for halal economy products in 2021
Increased imports of food, fashion, pharmaceuticals and cosmetics led to deficits
Arab Coalition
UAE, OIC condemn Houthi attempt to target civilian facilities, economic installations in Saudi Arabia
The UAE Ministry of Foreign Affairs and International Cooperation called for urgent action to stop to the Houthi’s recurrent acts that threaten the security and safety of civilians, as well as the security of global energy supplies and economic stability
fintech ecosystem
Islamic fintech is on the rise in Saudi Arabia, UAE and globally
Fintech transaction volume among OIC countries estimated at $49bn in 2020; Saudi Arabia and UAE lead
Benjamin Netanyahu
Saudi Arabia says Netanyahu annexation pledge a ‘dangerous escalation’
Saudi Arabia also called for an ’emergency meeting’ of the foreign ministers of the 57 member states of the Organisation of Islamic Cooperation