Arab News Headlines

CEO of SFD Participates in the 92nd Regular Meeting of the Arab Coordination Group


Riyadh: The CEO of the Saudi Fund for Development (SFD), Sultan Abdulrahman Al-Marshad, participated today with the Director-General of the Arab Bank for Economic Development in Africa (BADEA), Dr. Sidi Ould Tah, in the opening of the 92nd regular meeting of operations directors of the Arab Coordination Group (ACG) institutions. The event, hosted by BADEA, was attended by officials and representatives of the member institutions and funds in the ACG.

The SFD was represented at the meeting by the Deputy CEO overseeing Operations at SFD, Eng. Faisal bin Mohammed Al-Kahtani. The discussions aimed to contribute to the developmental journey and enhance vital opportunities through ongoing efforts to support greater effectiveness by optimizing the competencies and capabilities available within the member institutions and funds. Additionally, the meeting sought to achieve common developmental goals, including developmental support and social and economic growth in beneficiary countries worldwide.

The meeting also fo
cused on strengthening initiatives and cooperation in the exchange of information and data on developmental projects and plans, aligning procedures to provide the necessary funding for implementing priority developmental projects and programs in developing countries worldwide.

Source: Saudi Press Agency