ADFD and LLF Organize a ‘Adaptive Results Based Management' Workshop - Middle East Business News and Information
The initiative underscores ADFD's commitment to advancing operational excellence and institutional effectiveness through modern methodologies and strategic frameworks that elevate project performance and Adaptive national leadership and technical experts to deliver high-impact development outcomes. During the workshop, experts from ADFD and LLF explored practical tools and flexible approaches that enhance every stage of the project lifecycle, from planning and implementation to monitoring and results-driven evaluation. Case studies of projects executed using this approach were also presented, illustrating how applying the aRBM framework leads to better-informed decisions and measurable impact on the ground.
Regarding this workshop, Adel Abdullah Al Hosani, Executive Director of Operations Sector at ADFD, stated: 'Sharing our extensive experience with partners and engaging with international best practices is a cornerstone of the Fund's strategy to strengthen institutional frameworks and ensure the sustainability of development impact across our projects.'
Al Hosani added, 'This workshop reflects ADFD's ongoing commitment to fostering a culture of continuous improvement and enhancing the Fund's agility in responding to global developments. It underscores our role as a reliable partner in supporting development goals and advancing economic and social prosperity worldwide.'
Dr. Bandar Alhoweish, Head of the Lives and Livelihoods Fund, noted, ' This workshop emphasizes our strategic partnership with ADFD, serving as a valuable platform to advance our shared goals. It supports high-impact development initiatives and enhances community well-being by driving economic activity and fostering the growth of key sectors in the least developed member countries of the Islamic Development Bank (IsDB).
Dr. Alhoweish further added, ' The workshop's outcomes will deliver tangible results by enabling knowledge exchange and integrating institutional expertise. This would also ensure effective program implementation and reinforce long-term sustainable development impacts, in line with IsDB's vision of fostering inclusive growth and resilience in member countries.'
The Lives and Livelihoods Fund, a US$2.5 billion development initiative launched in 2016, represents a collaborative development vision of the ADFD, Islamic Development Bank, Gates Foundation, Islamic Solidarity Fund for Development, King Salman Humanitarian Aid and Relief Centre, and Qatar Fund for Development. As the largest initiative of its kind in the Middle East, the LLF is dedicated to enabling low-income countries to access the financial resources required to support their development priorities, build resilient futures, and elevate the well-being of their populations.
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Mid East Info
a day ago
- Mid East Info
ADFD and LLF Organize a ‘Adaptive Results Based Management' Workshop - Middle East Business News and Information
Abu Dhabi, United Arab Emirates – August, 2025 – In line with its continued efforts to foster knowledge exchange and adopt global best practices, Abu Dhabi Fund for Development ADFD, in collaboration with its strategic partner, the Lives and Livelihoods Fund LLF, organized a joint specialized workshop on the 'Adaptive Results Based Management aRBM'. The initiative underscores ADFD's commitment to advancing operational excellence and institutional effectiveness through modern methodologies and strategic frameworks that elevate project performance and Adaptive national leadership and technical experts to deliver high-impact development outcomes. During the workshop, experts from ADFD and LLF explored practical tools and flexible approaches that enhance every stage of the project lifecycle, from planning and implementation to monitoring and results-driven evaluation. Case studies of projects executed using this approach were also presented, illustrating how applying the aRBM framework leads to better-informed decisions and measurable impact on the ground. Regarding this workshop, Adel Abdullah Al Hosani, Executive Director of Operations Sector at ADFD, stated: 'Sharing our extensive experience with partners and engaging with international best practices is a cornerstone of the Fund's strategy to strengthen institutional frameworks and ensure the sustainability of development impact across our projects.' Al Hosani added, 'This workshop reflects ADFD's ongoing commitment to fostering a culture of continuous improvement and enhancing the Fund's agility in responding to global developments. It underscores our role as a reliable partner in supporting development goals and advancing economic and social prosperity worldwide.' Dr. Bandar Alhoweish, Head of the Lives and Livelihoods Fund, noted, ' This workshop emphasizes our strategic partnership with ADFD, serving as a valuable platform to advance our shared goals. It supports high-impact development initiatives and enhances community well-being by driving economic activity and fostering the growth of key sectors in the least developed member countries of the Islamic Development Bank (IsDB). Dr. Alhoweish further added, ' The workshop's outcomes will deliver tangible results by enabling knowledge exchange and integrating institutional expertise. This would also ensure effective program implementation and reinforce long-term sustainable development impacts, in line with IsDB's vision of fostering inclusive growth and resilience in member countries.' The Lives and Livelihoods Fund, a US$2.5 billion development initiative launched in 2016, represents a collaborative development vision of the ADFD, Islamic Development Bank, Gates Foundation, Islamic Solidarity Fund for Development, King Salman Humanitarian Aid and Relief Centre, and Qatar Fund for Development. As the largest initiative of its kind in the Middle East, the LLF is dedicated to enabling low-income countries to access the financial resources required to support their development priorities, build resilient futures, and elevate the well-being of their populations.
Mid East Info
a day ago
- Mid East Info
UAE Minister of Foreign Trade HE Al Zeyoudi Engages with Philippines Business Council to Strengthen Bilateral Trade and Investment Ties
HE Al Zeyoudi: ' The Philippines is a key trading partner for the UAE. Our discussions today aimed to explore private sector opportunities, identify areas for greater collaboration, and address any challenges faced by businesses operating in both markets.' Abu Dhabi, UAE –August, 2025: His Excellency Dr. Thani bin Ahmed Al Zeyoudi, UAE Minister of Foreign Trade, held a meeting with the Philippines Business Council in the UAE to explore expanding private sector relations between the two nations. This meeting follows the agreement of a bilateral Comprehensive Economic Partnership Agreement (CEPA) last July, aimed at enhancing trade cooperation and investment opportunities. The meeting touched on ways to build and expand partnerships between the business communities and the private sector on both sides. During the meeting, HE Al Zeyoudi highlighted the growing economic partnership between the UAE and the Philippines, noting that the total volume of non-oil trade reached approximately US$940 million in 2024. Growth has continued in 2025, with non-oil trade reaching US$257.7 million in Q1. The UAE is the Philippines' top export market among Arab and African countries as well as its 17th largest globally, demonstrating the strong foundation on which both nations can further expand collaboration. 'The Philippines is a key trading partner for the UAE in the growing ASEAN region, and we are committed to fostering stronger ties at all levels,' HE Dr. Al Zeyoudi stated. ' Our discussions today aim to explore private sector opportunities, identify areas for greater collaboration, and address any challenges faced by Philippines businesses operating in the UAE or by their Emirati counterparts operating in the Philippine market.' The Philippines is one of the fastest-growing economies in the ASEAN bloc of countries and a key logistics and manufacturing hub. In 2024, the economy grew by 5.6%, the second-fastest growing economy in the ASEAN region, which the world's fourth-largest economic bloc, boasting a combined GDP of US$4.13 trillion. With a significant Filipino diaspora residing in the UAE, working primarily in sectors such as construction, healthcare, and hospitality, the meeting also aimed to explore how these communities can further contribute to mutual prosperity from the growing economic ties. The Comprehensive Economic Partnership Agreement, which was agreed earlier this year, is expected to mitigate trade barriers, boost investment flows, and open new avenues for trade, investment and collaboration in key sectors including agriculture, financial services, and electrical equipment. The UAE-Philippines CEPA represents a significant addition to the UAE's global trade program. The CEPA is forecast to increase the UAE's GDP by US$2.4bn and increase exports to the Philippines to US$7.62 billion by 2032.
Egypt Independent
4 days ago
- Egypt Independent
The world's largest sovereign wealth fund withdraws its investments from Israel
Norway's sovereign wealth fund, the world's largest with total assets exceeding US$ 1.6 trillion, announced the divestment of several Israeli companies, an unprecedented move that reflects a shift in the fund's policies toward Israel. According to the fund's official website, an interactive map shows its investments in each country, and until recently, the fund's investments in Israel were substantial, with data revealing that it had pumped more than 16.2 billion Norwegian kroner (approximately $1.6 billion) into the Israeli market, compared to only 973 million Norwegian kroner (approximately $96 million) into Egypt. Eleven Israeli companies have been directly impacted by the Norwegian sovereign wealth fund's decision, particularly Bet Shemesh Engines Holdings, a company operating in the aerospace and defense sector and listed on the Tel Aviv Stock Exchange. Despite the announcement of the withdrawal, the company's stock closed up +3.40 percent, according to Market Screener, indicating that the market has yet to fully absorb the impact of the decision, or that local investors have rushed to fill the void. Other prominent companies impacted by the Norwegian Wealth Fund's decision include: Elbit Systems, a defense industry and technology company. Ashtrom Group, a construction and real estate development company. Delek Group, one of Israel's largest energy companies. Shuversal, Israel's largest retail chain. Veronique International (Electra), an infrastructure and contracting company. Mounting European pressure on Israel Israel has been facing significant European pressure recently, with France and Britain threatening to announce their recognition of a Palestinian state during the upcoming UN meetings in September. Meanwhile, Germany announced a halt towards invest in any Israeli companies involved in the war on the Gaza Strip.
