Tag : sustainable development

Business

OPEC Fund commits $2bn to boost Africa’s development

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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 period 2026 to 2030, reaffirming its ongoing financial support for...
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UAE and Korea strengthen cooperation in energy and advanced industry

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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 during an official visit by Dr. Sultan Ahmed Al Jaber,...
OPEC Fund co-finances Africa’s largest onshore wind power project
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OPEC Fund co-finances Africa’s largest onshore wind power project

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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 involves the construction of two wind farms, each with a...
India to fully power Andaman and Nicobar Islands with renewable energy
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India to fully power Andaman and Nicobar Islands with renewable energy

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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 and windmills, marks a significant milestone in the country’s transition...
Global population reaches 8.156 billion in 2024, reports show
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Global population reaches 8.156 billion in 2024, reports show

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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 billion, according to data released by the German Foundation for...
OPEC Fund signs €50 million loan agreement with Montenegro
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OPEC Fund signs €50 million loan agreement with Montenegro

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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 fiscal stability and green transition. The agreement, announced on December...
Britain’s climate efforts boost ranking to third in global index
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Britain’s climate efforts boost ranking to third in global index

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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 year’s eighth position. The ranking places the UK behind only...
UAE allocates $100 million to combat hunger at G20 summit
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UAE allocates $100 million to combat hunger at G20 summit

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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 Dhabi, delivered the UAE’s address at the opening session of...
Sheikh Abdullah bin Zayed meets India’s external affairs minister in Abu Dhabi
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Sheikh Abdullah bin Zayed meets India’s external affairs minister in Abu Dhabi

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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 External Affairs of the Republic of India, in Abu Dhabi...
New policy to triple India's bio economy by 2030
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New policy to triple India’s bio economy by 2030

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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 and Technology Minister Jitendra Singh announced the ambitious target, highlighting...