50th anniversary of Saudi Fund for Development celebrates $20B investment in 800 global development projects.

The Saudi Fund for Development (SFD) marked its 50th anniversary in Riyadh, celebrating its $20 billion investment in over 800 global development projects across various sectors. Established in 1974, the SFD has supported more than 100 developing nations, focusing on Sustainable Development Goals (SDGs). A new $25 million agreement with the Asian Development Bank was signed to co-finance a renewable energy project in the Solomon Islands.

September 02, 2024
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