VIENNA / WAM The Opec Fund for International Development (the Opec Fund) is co-financing Colombia’s “Climate Action Policy and Energy Transition Programme” with a $150 million policy-based loan. The programme aims to foster economic opportunities based on the sustainable use of natural resources, develop circular economy models and promote the energy transition. Opec Fund Director-General Abdulhamid Alkhalifa said, “We are ...

ABU DHABI / GULF TIME H.E. Raja Al Mazrouei, CEO of Etihad Credit Insurance (ECI), the UAE’s Federal export credit company, praised the success of the 13th Ministerial Conference of the World Trade Organisation (WTO), which took place in Abu Dhabi from 26 February to 1 March 2024. H.E. Raja Al Mazrouei said: “Hosting this event in the UAE is ...

TOKYO / WAM The Nikkei stock index surpassed the 40,000 threshold for the first time Monday morning on robust technology issues, reaching the milestone just over a week after hitting an all-time high for the first time in 34 years. According to Kyodo News, the 225-issue Nikkei Stock Average topped the 40,000 line soon after the market opening and hit ...