The UAE has reaffirmed its commitment to global partnerships and sustainable development goals during a meeting of the board of governors of the Asian Infrastructure Investment Bank (AIIB) in Beijing.
Dr Sultan Al Jaber, Minister of Industry and Advanced Technology and the UAE governor to the AIIB, participated in the high-level roundtable held on the sidelines of the bank’s annual meeting of the board of governors from June 24 to 26.
Dr Al Jaber commended AIIB’s achievements and its critical role in financing transformative infrastructure projects across member countries.
The UAE’s support for this strategic partnership aligns with the directives of its leadership, who prioritise multilateral co-operation, economic development and bridge-building among nations, he added.
During his meeting with Zou Jiayi, the new president of AIIB, Dr Al Jaber also reaffirmed the UAE’s continued support for AIIB’s efforts to expand its global impact and noted the bank’s success in improving living standards in many countries through developmental support.
Based in Beijing, AIIB has 110 members, with the UAE joining as a founding and permanent member in 2015. The UAE also hosts the bank’s first operational office outside of China, which was opened at ADGM in 2023.
The bank, with $100 billion in total capital, has approved financing exceeding $60 billion to support 318 projects in the past decade. According to its 2024 annual report, the bank approved 51 new projects in 19 member countries, amounting to $8.4 billion in financing.
AIIB also made significant progress in climate financing, allocating 67 per cent of its total $5.6 billion in funding to sustainable projects, exceeding its 2025 target of 50 per cent, according to the statement.
Among these initiatives were renewable energy projects with a combined capacity of more than 21 gigawatts, contributing to the annual avoidance of approximately 28 million tonnes of CO₂ emissions.
Mohamed Al Suwaidi, director general of the Abu Dhabi Fund for Development and alternate governor for the UAE at AIIB said the bank’s office at ADGM has proven to be successful in expanding lender's operations.
Silent Hill f
Publisher: Konami
Platforms: PlayStation 5, Xbox Series X/S, PC
Rating: 4.5/5
Lexus LX700h specs
Engine: 3.4-litre twin-turbo V6 plus supplementary electric motor
Power: 464hp at 5,200rpm
Torque: 790Nm from 2,000-3,600rpm
Transmission: 10-speed auto
Fuel consumption: 11.7L/100km
On sale: Now
Price: From Dh590,000
RESULT
Al Hilal 4 Persepolis 0
Khribin (31', 54', 89'), Al Shahrani 40'
Red card: Otayf (Al Hilal, 49')
Diriyah%20project%20at%20a%20glance
%3Cp%3E-%20Diriyah%E2%80%99s%201.9km%20King%20Salman%20Boulevard%2C%20a%20Parisian%20Champs-Elysees-inspired%20avenue%2C%20is%20scheduled%20for%20completion%20in%202028%3Cbr%3E-%20The%20Royal%20Diriyah%20Opera%20House%20is%20expected%20to%20be%20completed%20in%20four%20years%3Cbr%3E-%20Diriyah%E2%80%99s%20first%20of%2042%20hotels%2C%20the%20Bab%20Samhan%20hotel%2C%20will%20open%20in%20the%20first%20quarter%20of%202024%3Cbr%3E-%20On%20completion%20in%202030%2C%20the%20Diriyah%20project%20is%20forecast%20to%20accommodate%20more%20than%20100%2C000%20people%3Cbr%3E-%20The%20%2463.2%20billion%20Diriyah%20project%20will%20contribute%20%247.2%20billion%20to%20the%20kingdom%E2%80%99s%20GDP%3Cbr%3E-%20It%20will%20create%20more%20than%20178%2C000%20jobs%20and%20aims%20to%20attract%20more%20than%2050%20million%20visits%20a%20year%3Cbr%3E-%20About%202%2C000%20people%20work%20for%20the%20Diriyah%20Company%2C%20with%20more%20than%2086%20per%20cent%20being%20Saudi%20citizens%3Cbr%3E%3C%2Fp%3E%0A
The specs
Engine: 4.0-litre V8 twin-turbocharged and three electric motors
Power: Combined output 920hp
Torque: 730Nm at 4,000-7,000rpm
Transmission: 8-speed dual-clutch automatic
Fuel consumption: 11.2L/100km
On sale: Now, deliveries expected later in 2025
Price: expected to start at Dh1,432,000
The biog
Name: Ayisha Abdulrahman Gareb
Age: 57
From: Kalba
Occupation: Mukrema, though she washes bodies without charge
Favourite things to do: Visiting patients at the hospital and give them the support they need.
Role model: Sheikha Fatima bint Mubarak, Chairwoman of the General Women's Union, Supreme Chairwoman of the Family Development Foundation and President of the Supreme Council for Motherhood and Childhood.
Veil (Object Lessons)
Rafia Zakaria
Bloomsbury Academic
European arms
Known EU weapons transfers to Ukraine since the war began: Germany 1,000 anti-tank weapons and 500 Stinger surface-to-air missiles. Luxembourg 100 NLAW anti-tank weapons, jeeps and 15 military tents as well as air transport capacity. Belgium 2,000 machine guns, 3,800 tons of fuel. Netherlands 200 Stinger missiles. Poland 100 mortars, 8 drones, Javelin anti-tank weapons, Grot assault rifles, munitions. Slovakia 12,000 pieces of artillery ammunition, 10 million litres of fuel, 2.4 million litres of aviation fuel and 2 Bozena de-mining systems. Estonia Javelin anti-tank weapons. Latvia Stinger surface to air missiles. Czech Republic machine guns, assault rifles, other light weapons and ammunition worth $8.57 million.
The specs: 2017 Dodge Ram 1500 Laramie Longhorn
Price, base / as tested: Dhxxx
Engine: 5.7L V8
Transmission: Eight-speed automatic
Power: 395hp @ 5,600rpm
Torque: 556Nm @ 3,950rpm
Fuel economy, combined: 12.7L / 100km
