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Corporate Banking remains the cornerstone of The Arab Energy Fund’s mandate.
In 2025, the Fund continued to support
energy security and sustainability by financing large-scale infrastructure and facilitating energy trade across the full value chain. Its mandate remains unchanged, reflecting continuity of purpose and clarity of positioning within the Fund’s multilateral role, while adapting to the transformation of clients’ requirements.
Operating across project and asset base finance, trade and structured commodity finance, and financial advisory, the Fund delivers tailored conventional and Shariah-compliant solutions to corporate and institutional clients. As the Fund marks fifty years, our Corporate Banking activity reflects both institutional maturity and expanding capability.
In 2025, the Corporate Banking portfolio reached a new high of USD 5.982 billion,
representing approximately 45%
of the Fund’s total assets. Growth was achieved despite sell-downs executed for balance sheet optimization, reflecting strong origination momentum and disciplined asset rotation.
The Gulf region remained the most dynamic market during the year. From an economic sector perspective, utilities recorded the highest transaction volumes, while the hydrocarbon sector secured highly sophisticated structuring mandates. Project Finance continued to be the primary product driver, underscoring the Fund’s core expertise in structuring complex, long-tenor infrastructure transactions.
In 2025, the Fund financed projects across the full energy ecosystem and ancillary sectors.
Financing the Entire Energy Value Chain
Activities spanned upstream oil & gas, pipelines, water and power utilities, renewables, cogeneration, midstream assets, terminals, and emerging energy transition projects.
We also maintained a strong presence in Trade and Structured Commodity Finance, facilitating cross-border energy flows and structured working capital solutions that underpin regional energy trade.
Structured mandates, combining advisory, lending, and syndication, were completed or awarded across multiple jurisdictions. This structuring capability is an integrated offering that enhances both Project Finance and Trade Finance execution.
Geographic
Expansion
In 2025, through Corporate Banking, the Fund expanded into new markets and deepened activity in existing ones.
Beyond MENA, the Fund expanded into the United Kingdom, while deepening its presence in the United States and Azerbaijan.
This geographic expansion reinforces the Fund’s role as a cross-border multilateral platform connecting regional capital with global energy opportunities.
Core Presence
New markets in 2025
Expanded Presence
Key Lending Transactions in 2025
During the year, numerous transactions were closed across Project Finance and Trade & Commodity Finance categories.
The total number of transactions approved during 2025 amounted to 45, representing approximately USD 5.6B, spanning:
Project Finance
(Primary)
Trade Finance
(Term Loans, Revolving Facilities,
Unfunded and Secured Structures)
Shipping Finance
Reserve-Based Lending
(RBL)
Corporate Facilities
(Equity bridge Loans)
Key structuring
mandates
during 2025
included:
United Energy Group
(UEG) (Project Finance – Hydrocarbon)
Yellow Door Energy
(YDE) (Project Finance – Decarbonization)
Scatec EBL – Obelisk
(Project Finance – Utilities)
Metito Utilities Limited
(Project Finance)
These priorities reinforce the Fund’s commitment to disciplined growth, expanding reach while maintaining governance rigor.
Growth and Impact
Expanding Impact Across the Energy Value Chain
