The Saudi Fund for Development (SFD) will host a gala dinner on September 1, 2024, to “celebrate 50 years of global impact”, commemorating five decades of driving sustainable global development and progress.
Since its establishment in 1974, SFD has been the main international development arm of the Kingdom of Saudi Arabia, supporting sustainable development initiatives across Africa, Asia and the Pacific, Latin America and the Caribbean, and Eastern Europe. Through collaboration and partnership, SFD’s work reaches those most in need around the globe. It is also committed to supporting the Least Developed Countries and Small Developing Island States, recognizing their unique challenges and vulnerabilities.
“For 50 years, SFD has worked hand-in-hand with communities and partners to drive transformative development change. Our programs have touched nearly every aspect of society, from building essential social infrastructure like roads, hospitals, and schools to empowering communities through initiatives in ed
ucation, healthcare, water and sanitation, renewable energy, agriculture, transportation and communication, industry and mining, and more,” said SFD CEO Sultan Al-Marshad.
“At this critical milestone, we reaffirm our commitment to spurring global collaboration and unity, building inclusive frameworks for social, economic, and human development, and fostering economic prosperity in developing countries worldwide,” he added.
Source: Saudi Press Agency