According to SHADA, during the Al-Ula Conference for Emerging Market Economies—jointly hosted by the Saudi Ministry of Finance and the International Monetary Fund (IMF)—both sides reviewed the history of cooperation between Iran and the OPEC Fund and discussed strengthening financing for development projects, particularly in infrastructure, energy, and joint investment sectors in developing countries. The expansion of Iran’s engagement with the OPEC Fund within the framework of the country’s economic policies was also emphasized.

The Al-Ula Emerging Market Economies Summit brings together finance ministers, central bank governors, and senior economic officials from various countries, serving as an international platform for dialogue on global macroeconomic issues, common challenges facing emerging economies, and strategies to promote sustainable growth and economic resilience. The summit also focuses on multilateral cooperation, the role of international financial institutions, and coordination of economic policies in response to global developments.