Jeddah, Sha'ban 21, 1437, May 28, 2016, SPA -- Islamic Development Bank (IDP) on Friday signed a number of memorandums of understanding with Bank of Russia (the Russian central bank) and a number of Russian banks, on the sidelines of the opening of the meetings of the Group of Startegic Vision "Russia-Islamic World," at the city of Kazan, capital of the Republic of Tatarstan. The memorandums of understanding were signed by President of Islamic Development Bank Dr Ahmad Mohamed Ali, Governor of the Bank of Russia (the centeral bank) Elvira Nabiullina and a number of heads of Russian banks. --SPA 01:55 LOCAL TIME 22:55 GMT www.spa.gov.sa/w