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Saudi Minister of Foreign Affairs Prince Faisal bin Farhan bin Abdullah has met with Prince Abdulaziz bin Talal bin Abdulaziz, the Arab Gulf Program for Development (AGFUND) President of the Board of Directors. During the meeting in Riyadh on Thursday, a memorandum of cooperation (MoC) was signed between the Foreign Ministry and AGFUND.
Yemeni Prime Minister Maeen Abdulmalik attended in Aden the closing ceremony of the Using Renewable Energy to Improve Quality of Life Project, which was implemented with a trilateral partnership of the Saudi Development and Reconstruction Program for Yemen (SDRPY), Arab Gulf Program for Development (AGFUND), and Selah Foundation for Development, SPA said on Wednesday. The project has benefited 62,000 people in five Yemeni governorates of Hadhramaut, Abyan, Lahij, Taiz and Al-Hudaydah.
The Arab Coordination Group will allocate $10 billion through 2030 to facilitate the energy transition, the group said on Tuesday during the COP28 meeting
It agreed to give priority to implementing the joint framework for addressing debts, in a way that highlights interest in enhancing international cooperation in various fields and reaching tangible solutions to support the global economy.
The Arab Coordination Group (ACG), increasing its support for African partner countries ahead of the crucial COP28 Climate Change Conference, announced that it aims to allocate up to US$50 billion to help build resilient infrastructure and inclusive societies in the African continent