VIENNA, Sept 22 (Bernama-GLOBE NEWSWIRE) — The OPEC Fund for International Development (the OPEC Fund) announced the approval of more than US$1 billion in new development financing during the 193rd meeting of its Governing Board and throughout the third quarter of 2025. In a landmark move to further strengthen its development mandate, the institution also successfully issued its first-ever Euro-denominated benchmark bond, raising €500 million on international capital markets.
OPEC Fund President Abdulhamid Alkhalifa said: “The new approvals, alongside our inaugural Euro benchmark bond, are a clear demonstration of our commitment to delivering more for our partner countries. We are deepening our support for resilience, inclusive growth and climate action, while laying the groundwork for long-term opportunities. As we approach our 50th anniversary in 2026, these twin milestones highlight our ability to innovate, grow and drive transformational impact for decades to come.”