Saudi Fund for Development

Overview

The Saudi Fund for Development (SFD) is a government institution established by the Kingdom of Saudi Arabia in 1974 to support the development of countries and communities in need around the world. Its primary purpose is to provide financial assistance for development projects in various sectors, including infrastructure, healthcare, education, agriculture, and industry. SFD aims to contribute to the economic development of recipient countries by financing sustainable projects that foster long-term growth. It also provides aid in areas that require immediate attention, such as disaster relief, health emergencies, and humanitarian crises. The Fund works in cooperation with international organizations, governments, and local entities to implement its programs effectively.

Comments off 2nd February 2025

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