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The Saudi Fund for Development (SFD) (Arabic: الصندوق السعودي للتنمية) is a Saudi Arabian government agency that provides assistance to developing countries by financing social and infrastructure projects. The fund's development programme seeks to support the economies of recipient countries by enhancing economic growth and ...
By 1979, the fund accounted for about 30 percent of the kingdom's foreign economic aid. [5] In 2019, Saudi Arabia, through the Saudi Fund for Development, has become the 3rd largest donor to UNRWA at it donated $800 million since 1994. Moreover, in 2019, the fund provided support to maintain Palestinian refugee camps in different countries. [6]
The National Development Fund (Saudi Arabia) (Arabic:صندوق التنمية الوطني) is a sovereign wealth fund of Saudi Arabia that was established in October 4, 2017. The fund aims to advance the performance of development funds and banks in Saudi Arabia as well as empower development funds and banks to better fulfill development ...
NDF oversees different Saudi development funds and banks, supervises their performance and efficiency, and ensures that each entity contributes effectively to Saudi Vision 2030. Under his leadership, NDF spearheaded the development of a number of new funds, including the National Infrastructure Fund [21] through a partnership with BlackRock. [22]
Republic of China (Taiwan) - International Cooperation and Development Fund(ICDF) [34] Romania - Assistance for Development [35] (AOD) Russia - Federal Agency for the Commonwealth of Independent States, Compatriots Living Abroad and International Humanitarian Cooperation [36] (Rossotrudnichestvo) Saudi Arabia - Saudi Fund for Development (SFD)
The Public Investment Fund was started in 1971, and has recently taken a more prominent role in Vision 2030: Saudi Arabia and Crown Prince Mohammed bin Salman’s push to diversify the country’s ...
At Catalyze Saudi, a 2022 event sponsored by a fund subsidiary, Suarez addressed the crowd in front of a large screen that introduced him as both the Miami mayor and an attorney for the firm.
In addition to being finance minister, Ibrahim was a member of the board of directors of Saudi Aramco from 1996 [7] and the chairman of the Saudi Fund for Development and a member of the Public Investment Fund board. In July 2017, Al-Assaf led the Saudi delegation in the G20 meeting in Hamburg, Germany.