Press Releases
06-May-2025
Beirut, Lebanon – May 6, 2025 – The Arab Fund for Economic and Social Development is set to conduct a two-day high-level mission to Lebanon from May 7 to 8, 2025, marking its first official visit to the country since March 2023. The mission, headed by Mr. Bader Al-Saad, Director General and Chairman of the […]
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10-April-2025
*The Country Strategy will be supported by a financing package of $690 million *The Joint Declaration for the launching of the Country Partnership Strategy (CPS) for Jordan (2025-2029) along with a loan agreement were signed on the sidelines of the joint annual meetings of Arab Financial Institutions in Kuwait. *The joint annual meetings were held […]
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08-April-2025
Kuwait, April 8, 2025 – The Arab Fund for Economic and Social Development and the Arab Monetary Fund (AMF) are organizing the joint annual meetings of Arab financial institutions and the 16th regular session of the Council of Arab Finance Ministers tomorrow (Wednesday, April 9), at the St. Regis Hotel in Kuwait City. The opening […]
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26-March-2025
The facility marks Arab Fund’s first trade financing agreement under its new private sector development strategy Kuwait, March 26, 2025 – The Arab Fund for Economic and Social Development today announces its first trade financing facility with INVESTBANK- a leading bank in providing innovative solutions in Jordan, by providing up to $10 million credit line […]
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20-February-2025
Kuwait, February 20, 2025 – The Arab Fund for Economic and Social Development and the United Nations Economic and Social Commission for Western Asia (UN-ESCWA) signed a Memorandum of Understanding (MoU) to enhance the Arab Development Portal, a key online data resource for Arab countries. This collaboration aims to speed up Arab countries’ progress towards […]
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18-February-2025
Kuwait, February 18, 2025 – The Arab Fund for Economic and Social Development and the Badir Fund for Developing Small and Medium Enterprises, in partnership with the United Nations Development Programme (UNDP) Sustainable Finance Hub, are hosting a workshop on Impact Measurement & Management (IMM) in Development Finance. The workshop aims to help both funds […]
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20-January-2025
His Royal Highness, Prince El Hassan bin Talal of Jordan, is joining global leaders and experts to promote progress on water resilience and sustainability Kuwait, January 20, 2025 – The Arab Fund for Economic and Social Development (AFESD), in partnership with the World Bank Group, will hold a high-level forum to address the urgent water […]
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19-December-2024
The Arab Fund and ILO Collaborate to Boost Employment Impact of Development Programs Kuwait, December 19, 2024 – The Arab Fund for Economic and Social Development and the International Labour Organization (ILO) jointly concluded a two-day workshop to promote sustainable employment impact in development operations and support inclusive growth across the Arab region. The workshop, […]
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09-December-2024
The Arab Fund Launches Water Observatory to Advance Investments in Regional Water Security at COP16 Riyadh, Kingdom of Saudi Arabia, December 9, 2024–The Arab Fund for Economic and Social Development (AFESD) unveiled its plans to establish a Water Observatory at the 16th session of the Conference of the Parties (COP16) of the United Nations Convention […]
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03-December-2024
Arab Coordination Group (ACG) pledges US$10 billion by 2030 to combat desertification and land degradation 3rd December 2024, Riyadh, Saudi Arabia: The Arab Coordination Group (ACG), a strategic alliance of ten leading development finance institutions, announced today a landmark commitment of up to US$10 billion by 2030 to address the critical challenges of land degradation, […]
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02-December-2024
Arab Coordination Group (ACG) to showcase unified climate action at UNCCD COP16 in Riyadh 2nd December 2024, Riyadh Saudi Arabia: The Arab Coordination Group (ACG), a strategic alliance of ten national and regional development institutions, will actively participate in the 16th session of the Conference of the Parties (COP16) of the United Nations Convention to […]
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