has underpinned The Arab Energy Fund's institutional strength and credibility.

The financial statements provide a transparent view of the Fund's financial position and performance for the year ended 31 December 2025, reflecting prudent risk management and robust governance.

Prepared in accordance with International Financial Reporting Standards (IFRS), the statements provide a clear account of the Fund's financial performance and demonstrate the resilience of its balance sheet, the strength of its credit profile, and its continued ability to deploy capital responsibly in support of energy security, sustainable development, and long-term value creation across the MENA region.