12 Hrs
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الاقتصادية
Abu Dhabi Fund and World Bank plan project financing
The Abu Dhabi Development Fund and the World Bank Group signed a Memorandum of Understanding to enhance cooperation in funding sustainable development projects across five sectors: energy, water security, agriculture, food security, and digital infrastructure, in addition to the responsible use of artificial intelligence technologies. The agreement aims to facilitate knowledge exchange, capacity building, and project development, with a focus on achieving tangible and sustainable results aligned with the priorities of partner countries—especially concerning water security in preparation for Abu Dhabi's hosting of the United Nations Water Conference in December 2026. This collaboration combines the expertise in financing and development of both parties to strengthen the capacity to address development challenges and generate long-term impact.
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