OPEC Fund Quarterly - 2024 Q3

EVENTS

Mohammed Al-Jadaan, Minister of Finance, Kingdom of Saudi Arabia

President attends Saudi Fund 50th anniversary

OPEC Fund President Abdulhamid Alkhalifa attended the celebrations marking the 50th anniversary of the Saudi Fund for Development (SFD) in early August in Riyadh

SFD 50th Anniversary, Riyadh

U nder the theme “50 Years of Global Impact” the event brought together key development partners to reflect on the fund’s contributions to

sustainable development worldwide. Established in 1974 as the international development arm of the Kingdom of Saudi Arabia, to date the SFD has allocated over US$20 billion, financing more than 800 development projects and programs in a wide range of sectors. The OPEC Fund and SFD are partners in the Arab Coordination Group, a strategic alliance of development institutions.

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