OPEC Fund Quarterly - 2024 Q1

EVENTS

Hatem Dowidar, CEO, Etisalat

In addition to a series of interviews with leading international and regional media organizations such as Dubai TV, Asharq Bloomberg, CNBC Arabia and the United Arab Emirates’ news agency WAM, the OPEC Fund head also engaged in formal and semi-formal bilateral meetings, including with World Bank President Banga. In his media engagements the President reiterated the OPEC Fund’s long term commitment to the Sustainable Development Goals (SDGs). Meanwhile, Vice President Sherlala spoke on a panel exploring the world after 2030. Recent assessments have warned that the delivery of the Sustainable Development Agenda is

Tareq Alnassar, OPEC Fund Vice President, Private Sector, and Khalid Khadduri, Director, Business Development, in discussion with Hussain Al Nowais, Chairman, AMEA Power

seriously behind schedule, with only 12 percent of the SDGs currently on track. Mr. Sherlala advocated evolving thinking about the SDGs as public goods and mobilizing “the huge productive power of the private sector” for their delivery. Private sector engagement also played an important role in the activities of the OPEC Fund delegation at the Summit. President Alkhalifa met with Mohamed Jameel Al Ramahi, CEO of the

renewable energy company Masdar, and Hatem Dowidar, CEO of the telecoms firm Etisalat. In addition, Vice President Alnassar spoke with Hussain Al Nowais, Chairman of the clean energy provider AMEA Power. “We had really good and substantive meetings and we very much hope to build on this when we mark our 25th anniversary of private sector and trade finance operations later this year,” Vice President Alnassar said.

The panel discusses economic development prospects for Africa

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