The Arab Coordination Group (ACG), a coalition of 10 Arab-backed development finance institutions, said it provided $25.7 billion in financing for nearly 735 projects across more than 97 countries in 2025, underscoring the growing role of Gulf and Arab lenders in global development financing.
The figures were disclosed during the group’s 21st Meeting of Heads of Institutions held in Vienna at the headquarters of the OPEC Fund for International Development, which hosted the gathering as part of its 50th anniversary celebrations.
Leaders of the ACG used the meeting to reaffirm commitments to joint financing initiatives and closer institutional cooperation as developing economies face mounting pressure from debt burdens, climate vulnerabilities and infrastructure financing gaps.
The group said its member institutions have collectively committed more than $331.5 billion in development financing since the alliance was established in 1975, supporting over 13,000 projects across more than 160 countries.
Discussions during the Vienna meeting focused on expanding collaboration among member institutions and improving coordination in response to changing global development priorities, according to a statement released after the talks.
On the sidelines of the meeting, ACG leaders held separate roundtable discussions with representatives from the Government of Barbados, the Climate Vulnerable Forum and V20 Finance Ministers, the African Development Bank, the Inter-American Development Bank and CAF – Development Bank of Latin America and the Caribbean.
The meetings highlighted growing efforts among multilateral lenders to strengthen cooperation on climate finance, infrastructure development and support for vulnerable economies.
The Arab Coordination Group is considered the world’s second-largest alliance of development finance institutions. Its members include the Abu Dhabi Fund for Development, the Arab Bank for Economic Development in Africa, the Arab Fund for Economic and Social Development, the Arab Gulf Programme for Development, the Arab Monetary Fund, the Islamic Development Bank, the Kuwait Fund for Arab Economic Development, the OPEC Fund for International Development, the Qatar Fund for Development and the Saudi Fund for Development.
The group said its long-term strategy remains focused on supporting economic growth, infrastructure expansion, social development and sustainable financing initiatives in developing countries.
