OPEC Fund commits $2bn to boost Africa’s development
VIENNA, December 25, 2025: The OPEC Fund for International Development announced a new co-financing commitment of up to US$2 billion with the African Development Fund (ADF) for the...
Tag : sustainable development
Low income countries get $85 billion in MDB climate funds
Multilateral development banks delivered a record $137 billion in climate finance in 2024, according to a new joint report released on Wednesday. The figure represents...
Grynspan calls for people-first AI governance
Artificial Intelligence (AI) is poised to become a major driver of economic transformation, with its market value projected to reach $4.8 trillion by 2033, according...
OPEC Fund co-finances Africa’s largest onshore wind power project
The OPEC Fund for International Development (OPEC Fund) has announced its contribution of $30 million to co-finance Africa’s largest onshore wind power project. This initiative...
India to fully power Andaman and Nicobar Islands with renewable energy
India has announced plans to fully power its Andaman and Nicobar Islands and Lakshadweep with 100 percent renewable energy. This initiative, driven by solar panels...
Global population reaches 8.156 billion in 2024, reports show
The global population has reached approximately 8.156 billion in 2024, reflecting an increase of about 82 million people compared to last year’s total of 8.083...
OPEC Fund signs €50 million loan agreement with Montenegro
The OPEC Fund for International Development (OPEC Fund) has formalized its first collaboration with Montenegro, signing a €50 million loan agreement to bolster the nation’s...
Britain’s climate efforts boost ranking to third in global index
MENA Newswire News Desk: The United Kingdom has ascended to third place in the global Climate Change Performance Index (CCPI), a notable rise from last...
UAE allocates $100 million to combat hunger at G20 summit
MENA Newswire News Desk: Representing UAE President Sheikh Mohamed bin Zayed Al Nahyan, Sheikh Khaled bin Mohamed bin Zayed Al Nahyan, Crown Prince of Abu...
Sheikh Abdullah bin Zayed meets India’s external affairs minister in Abu Dhabi
MENA Newswire News Desk: Sheikh Abdullah bin Zayed Al Nahyan, Deputy Prime Minister and Minister of Foreign Affairs, met with Dr. Subrahmanyam Jaishankar, Minister of...