Water security conference identifies solutions & concerns ahead of COP28

A high-level panel discussed actionable strategies to position water in the climate agenda at COP28.
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Updated 20 November 2023
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Water security conference identifies solutions & concerns ahead of COP28

Outcomes from Georgetown University in Qatar’s “Sustaining the Oasis” Hiwaraat conference are poised to be a catalyst for shaping new dialogues, collaboration, and research partnerships around water security and climate change, both within the region and around the globe.

Held from Nov. 12-13, the conference was a collaboration between GU-Q and the Earth Commons Institute at Georgetown University in Washington, DC. 

Connecting policy with science, and new technology with circular and nature-based solutions, discussions shed light on the role of water as a force to achieve greater regional cooperation and stability, while driving climate change adaptation and mitigation. 

“One of the greatest values of dialogues like Hiwaraat is to kick-start important agendas for the future, to bring together people who care about common issues,” said Dean of GU-Q Dr. Safwan Masri, in his closing remarks.  “This (conference) is just the beginning of a conversation between (our campuses) and how we build an environmental presence here, in an area that is just so critical,” said Dr. Peter Marra, dean of the Earth Commons Institute.

In a keynote that resonated over the two days, Malcolm Gladwell, New York Times bestselling author and journalist, stressed the need for urgency and taking greater social risks. Speakers from more than 35 organizations, including the UN Food and Agriculture Organization, echoed this outlook, exploring how to accelerate inclusive, sustainable solutions as climate stressors, freshwater scarcity, and regional conflicts compound water challenges. 

Qatar’s water strategy was the focus of a high-level panel with the Ministry of Environment and Climate Change and representatives from Qatar Foundation’s environmental research centers. The country’s efforts to honor its international commitments have seen challenges evolve into opportunities for the region, speakers noted, making solutions and technologies more accessible and affordable. 

The role of Gulf countries in defining a water-secure world was the focus of another panel. Speakers pointed to achievements driven by the region’s high adaptability, investments in non-conventional water sources, and wastewater reuse. 

And although open access to water in the region has helped to drive development in the Gulf region, more sustainable consumption is needed. Roula Majdalani, senior climate change adviser, International Center for Agricultural Research in the Dry Areas, said: “The agriculture sector is where you can achieve better demand management (as) more countries in the region oscillate toward food sovereignty.” She then outlined promising water-wise solutions in agriculture including circularity, technology, precision agriculture, and heat-tolerant crops.

Bridging regional water needs and global climate goals, a high-level panel discussed actionable strategies to position water in the climate agenda at COP28.

“As the negotiations become more and more complex, we focus on solutions,” said Henk Ovink, former Dutch special envoy for international water affairs. “Water, with its interlinkages with food security, energy security, and biodiversity, will play a key role in showing that, if we want to change course in the context of climate change, water is the best driver,” he added.

“With COP28 just weeks away, (ours) is an incredibly timely dialogue and the high-level findings from this conference will be shared with the COP28 Presidency team in support of water-related efforts,” said Dr. Raha Hakimdavar, senior adviser to the Dean of GU-Q and Dean of the Earth Commons Institute.


GIB Capital strengthens regional leadership with $2.1bn ICM transactions

Updated 15 December 2025
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GIB Capital strengthens regional leadership with $2.1bn ICM transactions

GIB Capital, one of the region’s leading financial and investment banking advisers, has announced the successful execution of three major international capital markets transactions in November, underscoring the firm’s growing influence and distribution strength across global debt markets.

In a single month, GIB Capital acted in joint lead manager roles across three landmark issuances — supporting clients in the banking, aviation and government sectors — and attracting an aggregate of more than $4.6 billion in investor demand from the Middle East, Europe, Asia, the UK and the US. These transactions, which collectively raised over $2.1 billion, further demonstrate the confidence international investors place in GCC issuers and the strategic value GIB Capital brings to each mandate.

The firm began the month by serving as joint global coordinator, joint lead manager and bookrunner on the inaugural ICM issuance for GIB — Saudi Arabia. The $500 million perpetual non-call 5.5-year additional Tier 1 instrument was priced on Nov. 5 and generated an impressive $1.3 billion in orders, achieving a 2.6-times oversubscribed orderbook. The strong participation from regional, UK, Asian and European investors reflect the bank’s robust credit fundamentals and GIB Capital’s ability to deliver global reach for its clients.

On the same day, GIB Capital also acted as joint lead manager and bookrunner for AviLease’s first-ever ICM transaction — an $850 million bond offering that attracted exceptionally strong interest, closing in at over 3.7 times oversubscribed orderbook. The transaction drew participation from a diverse pool of regional, US, UK, European and Asian investors, highlighting the appeal to Saudi Arabia’s fastest-growing aviation leasing company. 

Further reinforcing its leadership in Islamic finance, GIB Capital concluded the month as joint lead manager and bookrunner on the government of Sharjah’s $750 million sukuk issuance, priced on Nov. 18. The transaction secured $2 billion in orders, representing a 2.6-times oversubscribed orderbook, with interest coming primarily from regional, UK and European accounts. This issuance marked government of Sharjah’s first US dollar public issuance in 2025 and benefited from strong investor confidence toward Sharjah’s credit story and in GIB Capital’s advisory expertise.

Commenting on the milestone month, Osamah Mohammed Shaker, CEO of GIB Capital, said: “These three successful issuances reflect the depth of trust our clients place in GIB Capital and the strength of our distribution network across global markets. The robust oversubscriptions and high-quality investor participation are clear indicators of the continued confidence in GCC credit stories and the resilience of the region’s economic outlook. We remain committed to delivering best-in-class execution, innovative structuring, and strategic advisory that enable our clients to access international liquidity efficiently and competitively.”

With a growing portfolio of successful mandates, GIB Capital continues to expand its presence as a leading provider of debt capital markets solutions, capital markets advisory, mergers and acquisitions, debt advisory, asset management and brokerage services. Combining deep regional insight with global investor connectivity, the firm remains committed to supporting clients across sectors with innovative, tailored, and high-impact financial solutions.