Riyadh, Saudi Arabia - Saudi Fund for Development (SFD) on Sunday signed a $100 million loan agreement to support the water sector in Argentina, marking the Fund’s first presence in the country. The agreement will support the growing demand for potable water in Argentina’s provinces of Santa Fe and Córdoba. It...

MARRAKESH, MOROCCO - The CEO of the Saudi Fund for Development (SFD), Sultan bin Abdulrahman Al-Marshad, signed an additional US$20 million loan agreement with Central African Republic (CAR) Prime Minister Félix Moloua.The agreement was signed on the sidelines of the 2023 World Bank and International Monetary Fund (IMF) Annual Meetings...

Riyadh, Saudi Arabia-- Saudi Arabia has signed a $77 million loan agreement with Belize to set up a solar power plant in the Central American country.In this connection, the CEO of the Saudi Fund for Development (SFD), Sultan bin Abdulrahman Al-Marshad, today signed a loan agreement with the Prime Minister...

SARAJEVO, BOSNIA AND HERZEGOVINA - Saudi Fund for Development (SFD) Board of Directors Chairman Ahmed Al-Khateeb, laid the foundation stone for the construction of a new library in the University of Sarajevo here.The funding for construction and equipping of the library has been through a generous US$22 million grant provided...

Riyadh, Saudi Arabia -- The Saudi Fund for Development (SFD) and Bahamas have signed a $10 million agreement to build state-of-the-art business incubation centers across three idyllic islands in the Bahamas. With the primary aim of bolstering the tourism industry, these centers will serve as nurturing hubs for new business...

Two loan agreements were signed in the Kyrgyz capital Bishkek by the SFD CEO Sultan bin Abdulrahman Al-Marshad with the Ministry of Finance of the Republic of Kyrgyzstan, represented by the Minister of Finance, Almaz Baketaev.

Dubai, UAE -- The Saudi Fund for Development (SFD) has signed a US$240 million loan agreement to support Pakistan's Mohmand Multipurpose Dam Project, an 800MW hydropower complex that will contribute to Pakistan’s energy security, increase sustainable water supply for agriculture and human consumption and improve resilience to floods.The agreement was...

The projects that the SFD contributes to financing through loans and grants in Pakistan amount to around SAR5 billion ($1.33 billion).

The projects have been inaugurated in Djibouti.

The debt deferral agreement has been signed in line with the G20 initiative of 2020 led by Saudi Arabia which was in regard of debts deferral owed by the poorest countries.

The Saudi Fund for Development is investing USD60 million to develop the infrastructure of the transport sector to reduce death and injury rates resulting from traffic accidents.

Saudi Arabia reactivated its support for Pakistan in the last week of October, including about $3 billion in safe deposits and $1.2 billion in oil supplies on deferred payments.

The money is coming in through the SFD, a Saudi government agency that usually finances social and infrastructure projects in developing countries.

Saudi Arabia has invested around $650 million in the road sector of Bahrain through the Saudi Fund for Development