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
UAE and Korea strengthen cooperation in energy and advanced industry
SEOUL, December 19, 2025: The United Arab Emirates and the Republic of Korea have reaffirmed their commitment to strengthening cooperation in energy, industry, and advanced technology...
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...
Mukhtar Babayev emphasizes unity at COP29’s opening session in Baku
MENA Newswire News Desk: Mukhtar Babayev, Azerbaijan's Minister of Ecology and Natural Resources and President of COP29, has reaffirmed his commitment to advancing the implementation...
Azizi to invest AED1 billion in 12 new factories at KEZAD Al Ma’mourah
MENA Newswire News Desk: Khalifa Economic Zones Abu Dhabi (KEZAD) and UAE-based developer Azizi Developments have signed a 50-year land lease agreement to construct 12...
New policy to triple India’s bio economy by 2030
Under the new BioE3 policy, India aims to triple its bio economy to $300 billion by 2030, building on a decade of unprecedented growth. Science...
PM Modi stresses Global South priorities at G7 Summit in Italy
At the recent G7 Outreach Summit in Apulia, Italy, Indian Prime Minister Narendra Modi emphasized the critical needs and perspectives of the Global South, particularly...