Kuwait cabinet has appointed a new finance and a new foreign minister in a limited cabinet reshuffle, reported the state news agency Kuna. Dr Yaqoub Al Sayed Yousef Al Refaei takes over the finance portfolio, while Jarrah Jaber Al Ahmad Al Sabah is the new foreign minister.
ADQ, an Abu Dhabi-based active sovereign investor focused on critical infrastructure and global supply chains, has announced the successful closing of its debut five-year syndicated term financing deal in the Greater China region worth $5 billion.
Abu Dhabi National Oil Company has signed a $2 billion green financing deal backed by Korea Trade Insurance Corporation (K-Sure) to fund lower carbon projects across its operations. This marks its first green financing facility backed by a Korean agency.
Adipec 2025 emphasised the urgent need for global financiers and policymakers to accelerate energy investment. With $3.3 trillion projected for 2025, the event aimed to foster strategic partnerships and financial innovation in response to rising energy demand.
Dubai Chambers has signed a memorandum of understanding (MoU) with Abu Dhabi Islamic Bank (ADIB) to strengthen banking support for the business community, with a particular focus on empowering small and medium-sized enterprises (SMEs).
Sustainability Forum Middle East (SFME) concluded on a successful note in Bahrain following two days of high-level talks on energy transition, sustainable finance and long-term competitiveness with global experts reflecting the kingdom’s growing role in shaping the regional climate and sustainability agenda.
Sustainability Forum Middle East (SFME) concluded its fourth edition on a successful note in Bahrain following two days of high-level dialogue on energy transition, sustainable finance, and long-term competitiveness and climate transformation featuring more than 650 regional and global leaders.