ข่าวประชาสัมพันธ์ the OPEC Fund

OPEC Fund Development Forum concludes with commitments to progress sustainable development

The second OPEC Fund Development Forum in Vienna concluded with solid outcomes and financing commitments from development partners who came together to promote responses to global challenges such as availability of financing, food security and climate change. OPEC Fund Director-General Dr. Alkhalifa said: "In its second year the OPEC Fund Development Forum again provided a platform for increased collaboration and decisive action from our partners. We have demonstrated that we are ambitious and

Envision Powers Central Asia's Largest Wind Development - 1 GW Bash & Dzhankeldy

Envision Energy, a world-leading renewable energy company, is proud to announce its pivotal role as turbine supplier for the 1 GW Bash & Dzhankeldy wind projects in Uzbekistan. ACWA Power, a renowned Saudi Arabian...

OPEC Fund approves over US$500 million in new global development support

Setting a new record, the OPEC Fund for International Development has approved more than US$500 million in new financing at the most recent meeting of its Governing Board and in the final quarter of 2022. The 15 new projects...

First OPEC Fund Development Forum commits to mobilize funds to address global challenges

Development partners attending the OPEC Fund's Development Forum in Vienna this week demonstrated their resolve to address urgent global challenges by entering new commitments for financial support and signing...

OPEC Fund Assigned Inaugural Credit Rating of AA+ From Fitch Ratings

The OPEC Fund for International Development (the OPEC Fund) has been assigned an inaugural credit rating of AA+, with stable outlook from Fitch Ratings. Fitch cited the OPEC Fund's excellent capitalization, liquidity levels and...

The OPEC Fund boosts renewable energy and access to finance in Nepal

The OPEC Fund for International Development (the OPEC Fund) has signed a US$15 million loan in favor of NMB Bank Limited in Nepal for the purpose of financing micro-, small- and medium-sized enterprises (MSMEs) and renewable energy...

OPEC Fund marks 45 years of driving development, as member countries commit to further contribution

The OPEC Fund for International Development (the OPEC Fund) marks its 45th anniversary today. Since inception, the multilateral development finance institution has approved more than US$25 billion in...

OPEC FUND AND UNAIDS SIGN GLOBAL INITIATIVE TO FIGHT AIDS

Bangkok--May 7--Weber Shandwick (Thailand) The heads of the OPEC Fund for International Development and the Joint United Nations Programme on HIV/AIDS (UNAIDS) signed a Global Initiative on HIV/AIDS today to scale up the AIDS response in...