Saudi Fund for Development official reviews cooperation with UN delegation

An official from the Saudi Fund for Development met with a delegation from the UN Industrial Development Organization in Riyadh. (Twitter/@SaudiFund_Dev)
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  • Two sides reviewed SFD’s work in developing countries over last five decades

RIYADH: Dr. Abdullah Al-Sakran, the executive director of the Strategy Sector at the Saudi Fund for Development, met with a delegation from the UN Industrial Development Organization in Riyadh, the Saudi Press Agency reported on Wednesday. 

During the meeting, the two sides reviewed the SFD’s work in developing countries over the previous 48 years. They discussed the SFD’s close collaboration with UN programs, funds and offices, as well as the prospects for development cooperation with UNIDO. 

The SFD contributes to the financing of development projects in developing countries by providing loans, technical assistance for financing studies and institutional support. Since its inception in 1974, it has worked closely with UNIDO and its affiliates to achieve the goals of sustainable development.