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Dr. Ziad Khalaf Abd was honored at the United Nations for his effective contribution to supporting innovations that enhance sustainable development in the Arab region.
During a United Nations headquarters conference on the challenges of achieving sustainable development goals, Dr. Ziad Khalaf Abd, Chairman of the Board of Directors of the International Development Bank and Member of the Board of Directors of the Union of Arab Banks, was recognized. He stressed the importance of supporting of innovations that advance sustainable development in the Arab region, emphasizing the need for improved financial infrastructure and enhanced economic and investment innovation.
Dr. Ziad delivered a speech at the opening session of the “Challenges of Achieving the Sustainable Development Goals” conference, organized by the Union of Arab Banks at the United Nations headquarters in Geneva. He highlighted the critical role of financial infrastructure and investment innovation in supporting sustainable development.
Prominent among the participants were high-ranking financial and banking officials from international organizations, including Dr. Wissam Fattouh, Secretary-General of the Union of Arab Banks; Dr. Rola Dashti, Executive Secretary of the Economic and Social Commission for Western Asia (ESCWA); and Mrs. Marion Hoenicke, Head of Financial Inclusion, EU Enlargement & Neighborhood Department at the European Investment Bank. Representatives from UNIDO, UNCTAD, the International Monetary Fund, and ESCWA were also in attendance.
During the two-day conference, Dr. Ziad Khalaf Abd was presented with an honorary shield by Dr. Wissam Fattouh, Secretary-General of the Union of Arab Banks, in appreciation for his significant contribution towards the cause of sustainable development.
Addressing the audience, Dr. Ziad Khalaf discussed the concept of money as a catalyst for growth and highlighted the power of teamwork in driving economic development in a region long affected by instability and conflict. He called for cooperation to build a better future for present and future generations.
Dr. Ziad Khalaf Abd emphasized the necessity for economic growth in the Arab region, which he described as possessing all the essential elements for success. He stated that a market system is the backbone of our civilization, and there is no way to navigate the transformative phases of our world without it.
He noted that in our region, the business environment has significantly improved and become a major component of our governments’ plans; economic development and investment are top priorities. He cited Iraq’s development process as a model of cross-border investments, promoting financial and economic integration. He also highlighted the promising future of the development road project linking Iraq, Turkey, the United Arab Emirates, and the State of Qatar, aimed at enhancing trade and investment, establishing free trade agreements, and connecting the Gulf to Europe.
According to Dr. Ziad, the path to achieving sustainable development goals in the Middle East is faced with multiple challenges. The Geneva SDGs conference provided an opportunity to asses regional development, addressing issues such as climate change, peacebuilding, and poverty alleviation. He emphasized that economic growth stems from empowering entrepreneurs, fostering partnerships, investing in research and development, and developing human resources. Dr. Ziad highlighted the need for innovation in banking services and effective partnerships to ensure economic growth, advocating for funds and investments directed towards projects with a positive societal and environmental impacts.
In conclusion, Dr. Ziad emphasized that the banking sector in Arab nations should lead in innovation and implementation of financial technologies and ultimately in achieving their desired financial goals. Hence, the sector needs to assume a proactive role in promoting sustainable development and envisioning a better future in collaboration with the financial sector.
Arina Iraq draws its strength from a long legacy dating back to the establishment of the Electricity Distribution Company in 1924, which has expanded to include leadership in wind farm development.
At Arina Iraq, we offer innovative solutions for clean energy, relying on our vast experience, technical expertise, and business acumen. as we have been empowering Iraq’s residential and industrial sectors to embrace a sustainable future.
Our integrated solutions include photovoltaic solar systems, wind energy, energy management, efficiency systems, and electric vehicle charging stations. We stand out by delivering projects that meet the highest standards of safety and innovation, with a strong commitment to environmental responsibility.
Based in Iraq, Abraj Holding leads efforts in shaping the future of the economy through a diversified investment portfolio spanning real estate, construction, finance, and energy. Through its strategic investments and commitment to excellence, the company actively contributes to the socio-economic development of Iraq, making it a key partner in creating opportunities and fostering prosperity in the region.
Doma Steel has become a leader in manufacturing insulated metal panels (sandwich panels) in Iraq, the Middle East, and North Africa. Doma Steel’s products are known for their ease of use and high transportability and installation capabilities. We have become the preferred choice for building homes, halls, caravans, cold storage facilities, and more.
Today, Doma Steel is distinguished by offering fire-resistant metal panels that comply with international standards. With advanced production lines, the company’s daily production capacity is 6,000 square meters per shift, and its annual production capacity reaches two million square meters, making it a frontrunner in the industry.
Established in Baghdad, Pure Diamond serves as the primary marketing arm for ZK Holding. It plays a pivotal role in driving the company’s marketing activities, with a qualified and professional team spread across Iraq’s various provinces. The team works across diverse sectors, including sales, agency management, auditing, and data entry, ensuring the delivery of integrated and specialized services that support the company’s goals.
Al-Tanmiya Company was founded with a capital of 150 million Iraqi dinars. It has grown to become a key player in providing financial brokerage services for buying and selling securities (stocks and bonds) on the Iraq Stock Exchange. The company operates in accordance with the guidelines set by the Securities Commission.
Al-Tanmiya offers a wide range of services. These include opening trading accounts, depositing stock ownership certificates, and assisting investors in buying and selling stocks and bonds. The company’s comprehensive financial brokerage services strengthen investor confidence and contribute to the growth of the financial market.
Dari Real Estate offers integrated real estate marketing solutions, alongside property development and investment services. The company boasts a team of highly qualified local and international experts, enabling it to establish a strong presence in Iraq’s real estate market and build a wide network of prestigious clients.
Dari ensures the highest levels of comfort and security in its projects and offers competitively priced real estate solutions of superior quality. Given that real estate marketing is a key element in this sector, Dari focuses on providing innovative solutions that guarantee fast execution and delivery, positioning it at the forefront of leading companies in the field.
Established in Baghdad, Zeyad Al Khair Travel & Tourism is one of the leading Iraqi companies in bookings and ticket issuance. With a professional team of experienced employees, the company excels in offering a wide range of services in the travel and tourism sectors.
The company provides a variety of tourism programs worldwide, as well as organizing both domestic and international trips. Additionally, it offers flexible Hajj and Umrah plans, ensuring a smooth and comfortable travel experience for its clients.
Al-Sharq Insurance Company was established as part of a strategy to complement the success led by ZK Holding, providing advanced and comprehensive insurance solutions.
The International Development Bank (IDB) is a key strategic sector within the ZK Holding portfolio and the largest private bank in Iraq. It is the only bank licensed by the UAE Central Bank, offering a comprehensive range of financial services to citizens, residents, and investors.
The bank focuses on promoting financial inclusion through innovative banking solutions tailored to meet the needs of individuals, SMEs, and large corporations. By combining advanced technology with human relations, IDB achieves the highest levels of efficiency.
With its Dubai branch, IDB aims to strengthen economic relations between Iraq and the UAE, support trade between the two countries, and provide innovative financial solutions to help companies achieve their goals in the region.
