Alhunaif took office in September 2025. In February 2026, the Arab Fund signed an agreement for approximately $189 million to finance the electricity-supply component of Jordan’s National Water Carrier Project, while helping the country’s national grid accommodate more renewable power. In July 2026, it also provided a $1 million grant to rehabilitate water infrastructure in Syria’s Idlib governorate, targeting about 79,000 beneficiaries. In 2025, the fund extended a $25 million loan to Capital Bank of Jordan to expand lending to SMEs and climate-friendly projects.