The Islamic Development Bank (IsDB) Group concluded its "IsDB Group Day in Libya," held on 23 September 2025 in Tripoli, in cooperation with the Libyan Ministry of Finance. The event was attended by senior Libyan government officials, with broad participation of ministers, senior policymakers, and representatives of local and regional financial institutions and companies. The program included a panel discussion on Libya’s development priorities and the role of the IsDB Group, aimed at formulating practical avenues of cooperation and forging strategic partnerships to support Libya’s path towards sustainable and inclusive development.

The event witnessed the signing of an insurance project agreement—an initiative to strengthen household economic empowerment and expand access to microfinance in Libya. A cooperation agreement was also signed between the Islamic Corporation for the Insurance of Investment and Export Credit (ICIEC) and Takaful Libya to enhance export insurance in the country.

In his opening remarks, the Minister of Finance of the Government of National Unity expressed his pride in hosting the event, stating: "Organizing this event in Tripoli reflects the Government of National Unity's commitment to strengthening its partnership with the Islamic Development Bank Group and benefitting from its expertise and pioneering programs in economic and social development. This event is not just an ordinary meeting, but a major milestone towards building effective and sustainable strategic partnerships that meet the aspirations of our people for development and prosperity."

For his part, Mr. Anasse Aissami, Director General of Country Programs at the Islamic Development Bank, emphasized the importance of the partnership with Libya, remarking: "Libya's hosting of the Islamic Development Bank Group's introductory day highlights the strategic importance the country attaches to the Group. It also reflects its commitment to listening to national partners, responding to their priorities, and working to expand its activities in line with Libya’s aspirations for comprehensive and sustainable development."

The event also highlighted the activities, services, and initiatives of the Group's institutions, including the Islamic Corporation for the Insurance of Investment and Export Credit (ICIEC), the Islamic Corporation for the Development of the Private Sector (ICD), the International Islamic Trade Finance Corporation (ITFC), the Islamic Development Bank Institute (IsDBI), and the Islamic Development Bank Group Business Forum (THIQAH).

A series of bilateral (B2B and B2G) meetings were also held between representatives of the IsDB Group, business leaders, investors, and financial institutions to explore opportunities for cooperation and partnerships with the Islamic Development Bank Group.

It is worth noting that four inspiring success stories implemented in Libya in partnership with local entrepreneurs as well as local and international institutions were presented. These stories reflect the Islamic Development Bank's solidarity and support for humanitarian projects in Libya, underscoring the Group's developmental and leadership role even in times of crisis.

The day concluded with a reaffirmation of the Islamic Development Bank Group's commitment to continue working with the Libyan government and the private sector to build strategic partnerships, expand investment opportunities, and enhance the business environment, thereby contributing to the achievement of sustainable development in Libya.