Arab Fund for Economic and Social Development (AFESD)
Fonds Arabe pour le Développement Economique et Social (FADES)
Fondo Arabe para el Desarrollo Económico y Social
الصندوق العربي للإنماء الاقتصادي والاجتماعي
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Contact Details
URL: https://www.arabfund.org/
Founded
1968-05-16
History
Established following agreement by the Economic and Social Council of D-XD2903 - League of Arab States (LAS). Agreement entered into force, 18 Dec 1971. Commenced full operations in 1974.
Establishment Agreement amended by Board of Governors in 1997 in response to the need to enhance the developmental role of the private sector in member countries; now authorized to finance private sector development projects in Arab countries.
Aims
Contribute to financing of economic and social development projects in Arab countries by extending loans, on concessionary terms, to governments and public corporations and enterprises of member states, giving preference to projects which are vital to the Arab world and to joint Arab projects; serve as a catalyst for encouraging direct or indirect investment of public and private capital in a manner conducive to development of the Arab economy; provide expertise and technical support in various spheres of economic development.
Events
2027 | Riyadh, Saudi Arabia – Arab Energy Conference32 past events available with paid subscription only.
Activities
Available with paid subscription only.Structure
Board of Governors (meets at least annually); Board of Directors.
Languages
Available with paid subscription only.Staff
Available with paid subscription only.Finance
Available with paid subscription only.Relations with Inter-Governmental Organizations
Available with paid subscription only.Relations with Non-Governmental Organizations
Available with paid subscription only.Publications
Available with paid subscription only.Members
Available with paid subscription only.Type I Classification
Available with paid subscription only.Type II Classification
Available with paid subscription only.Subjects *
Available with paid subscription only.UN Sustainable Development Goals **
UIA Org ID
XF4228
** UN SDGs are linked to the subject classification.
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