Saudi Fund for Development

Saudi Fund for Development Provides $100 Million Development Loan for the Rogun Hydropower Project

Retrieved on: 
Tuesday, December 5, 2023
Environmental, Social and Governance (ESG), Alternative Energy, Construction & Property, Energy, Climate Change, Sustainability, Socially Responsible Investing, Finance, Professional Services, Other Natural Resources, Environment, Agriculture, Natural Resources, Urban Planning, Other Energy, Other Construction & Property, Green affordable housing, SFD, Sustainable Development Goals, Hope, Drainage, Ambassador, Food, Saudi Fund for Development, Multimedia, SDG, Republic, Water, Electricity, Kingdom, Renewable energy, Sanitation

Sultan Al-Marshad, signed a new development loan agreement with the Minister of Finance of the Republic of Tajikistan, H.E.

Key Points: 
  • Sultan Al-Marshad, signed a new development loan agreement with the Minister of Finance of the Republic of Tajikistan, H.E.
  • Kahhorzoda Fayziddin Sattor, through which SFD is contributing $100 million USD to fund the Rogun Hydropower Project, a landmark initiative that will enhance energy, food, and water security, and foster sustainable development in the country.
  • With this landmark development loan, SFD is not just supporting Tajikistan's energy future, but also its sustainable development and the well-being of its people.
  • The Rogun Hydropower Project is a beacon of hope for a bright future that is powered by clean, renewable energy.

Saudi Fund for Development Signs Two Framework MoUs for Caribbean Infrastructure and Energy Projects

Retrieved on: 
Thursday, November 16, 2023
Commercial Building & Real Estate, Construction & Property, Finance, Other Energy, Urban Planning, Utilities, Business, Professional Services, Energy, SFD, Sustainable Development Goals, Saudi Fund for Development, Multimedia, Rehabilitation, Microsoft, Expansion, Memorandum of understanding, Building, CARICOM, SIDS, Renewable energy

Sultan Al-Marshad, signed today two developmental Framework Memorandum of Understandings (MoUs) with the governments of Saint Vincent and the Grenadines, and Saint Kitts and Nevis.

Key Points: 
  • Sultan Al-Marshad, signed today two developmental Framework Memorandum of Understandings (MoUs) with the governments of Saint Vincent and the Grenadines, and Saint Kitts and Nevis.
  • The signing took place in Riyadh, Kingdom of Saudi Arabia, as a build-up to the Saudi – CARICOM Summit which begins on Thursday, November 16, 2023.
  • By funding this project, SFD will help to support the nation’s energy supply, alongside the socio-economic development of Saint Kitts and Nevis.
  • Since the beginning of this year, it has provided approximately $670 million in financing for 12 development projects.

Saudi Fund for Development Provides Over $580 Million in Development Loans to African Countries for Key Vital Projects

Retrieved on: 
Friday, November 10, 2023
Professional Services, Health, Hospitals, Commercial Building & Real Estate, Finance, Construction & Property, Urban Planning, Memorandum of understanding, SFD, National Road (M)1 (Serbia), Transmission, Developed country, National Road, Watershed, Hospital, Construction, Saudi Fund for Development, Multimedia, Boarding, Torri del Benaco, Rehabilitation, Island, Expansion, Science, Conference, AFC, Cape Verde

The Saudi Fund for Development (SFD) Chief Executive Officer, H.E.

Key Points: 
  • The Saudi Fund for Development (SFD) Chief Executive Officer, H.E.
  • Sultan Al-Marshad, signed 14 new development loan agreements worth $580m with 12 African ministers to fund projects in Angola, Burkina Faso, Benin, Burundi, Cabo Verde, Guinea, Malawi, Mozambique, Niger, Rwanda, Sierra Leone, and Tanzania at Saudi-Arab-African Economic Conference in Riyadh.
  • On this occasion, the CEO of SFD, H.E Sultan Al-Marshad, said: “The SFD is proud to continue partnering with African countries through contributing towards supporting development projects that will have a tangible impact on the lives of millions of people.
  • With these new agreements and MoU, we are taking a step further towards a brighter and more equitable Africa.”
    SFD has funded over 400 sustainable development projects worth US$10.7 billion in 46 countries, accounting for 57% of its funding in developing countries.

Saudi Fund for Development Inaugurates Vocational College and Attends High-Level Event in Vietnam

Retrieved on: 
Tuesday, November 7, 2023
Education, Training, University, Government, Saudi Fund for Development, SFD, Workforce, Ambassador, Developed country, Multimedia, Speech, Student, Welding, Socialist state, Kingdom, Sustainable Development Goals, Management, Nursing, Tourism, Clothing

Sultan Al-Marshad, officially inaugurated today in Vietnam, the Ha Nam Vocational College, with the Vice Chairman of Hanam province, alongside officials from both sides.

Key Points: 
  • Sultan Al-Marshad, officially inaugurated today in Vietnam, the Ha Nam Vocational College, with the Vice Chairman of Hanam province, alongside officials from both sides.
  • Vocational college expansion to meet growing demand for skilled workers and businesses in Han Nam and other provinces, especially in the automotive, welding, and electrical industries.
  • Earlier today, the CEO of the SFD attended a high-level development event hosted by the Kingdom of Saudi Arabia Embassy in the Socialist Republic of Vietnam, led by Ambassador to Vietnam, H.E.
  • The event was an opportunity for SFD to share its work on developmental projects in Vietnam and around the world.

Saudi Fund for Development Signs First $100 Million Development Loan Agreement to Establish a Climate Smart Infrastructure Project in Grenada

Retrieved on: 
Tuesday, October 17, 2023
Commercial Building & Real Estate, Construction & Property, Environment, Finance, Banking, Climate Change, Professional Services, Business, Health, Multimedia, Climate, City, World Bank Group, Climate change, United Nations, Developed country, SDG, Sewage, SDG 13, Community, SIDS, Climate change mitigation, Sustainable Development Goals, Saudi Fund for Development, SFD, SDG 11, Quality of life, Renewable energy

Sultan Al-Marshad, signed today SFD’s first development loan agreement in Grenada with the Minister of Finance of Grenada, Hon.

Key Points: 
  • Sultan Al-Marshad, signed today SFD’s first development loan agreement in Grenada with the Minister of Finance of Grenada, Hon.
  • Dennis Cornwall, through which SFD is contributing $100 million USD to fund the construction of the “Climate Smart Infrastructure Project”, marking it the 91st nation to receive funds from SFD for development project.
  • Dennis Cornwall, signed the first development loan agreement between SFD and Grenada (Photo: AETOSWire)
    The development loan will help to develop climate smart infrastructure in the towns of St. George, Greenville, and their neighboring areas.
  • The project also reflects the importance that SFD places on mitigating climate change through smart and environmentally-friendly projects.

Saudi Fund for Development Signs New $20 Million Development Loan Agreement to Construct and Equip Schools in Tajikistan

Retrieved on: 
Monday, October 9, 2023
Commercial Building & Real Estate, Construction & Property, Finance, Professional Services, Urban Planning, Primary, Secondary, Education, Business, Multimedia, School, Developed country, SDG 8, Student, Minister of Finance and Economic Affairs (The Gambia), SDG, Republic, Fund, Sustainable Development Goals, Saudi Fund for Development, SFD, Tutoring, Tourism

Sultan Al-Marshad, signed today a new development loan agreement with the Minister of Finance of the Republic of Tajikistan, H.E.

Key Points: 
  • Sultan Al-Marshad, signed today a new development loan agreement with the Minister of Finance of the Republic of Tajikistan, H.E.
  • Sultan Al-Marshad, signing a new development loan agreement with the Minister of Finance of the Republic of Tajikistan, H.E.
  • (Photo: AETOSWire)
    The signing of today’s loan agreement will construct and equip 19 schools across different regions of Tajikistan, to cater for the rising demand for education.
  • In Tajikistan, SFD has financed 12 development projects worth over $190 million USD to support developmental projects in key sectors.

Saudi Fund for Development Inaugurates New Public School in Tajikistan

Retrieved on: 
Friday, October 6, 2023
Commercial Building & Real Estate, Construction & Property, Finance, Banking, Professional Services, Primary, Secondary, Other Science, Science, Education, Multimedia, Government, School, SDG 8, Student, SDG, Kingdom, Republic, Speech, Saudi Fund for Development, Sustainable Development Goal 4, SFD, UN, PIU, Tutoring

Sultan Al-Marshad, officially inaugurated today in Tajikistan, Shahrinav School, with the Deputy Minister of Education and Science of the Republic of Tajikistan, H.E.

Key Points: 
  • Sultan Al-Marshad, officially inaugurated today in Tajikistan, Shahrinav School, with the Deputy Minister of Education and Science of the Republic of Tajikistan, H.E.
  • Sultan Al-Marshad gives a speech at the official inauguration of Shahrinav School in Tajikistan (Photo: AETOSWire)
    Attending the inauguration ceremony were the Representative of the Government of the Republic of Tajikistan, H.E.
  • Abdullzoda Ziyodullo, said: “I would like to thank the Kingdom of Saudi Arabia for the development support they have provided in the education sector, through SFD.
  • SFD has financed 12 development projects in Tajikistan, worth over $193 million USD, in different key sectors.

Saudi Fund for Development Officially Inaugurates the 33 KV Transmission Network of South Mahe Island Project in Seychelles

Retrieved on: 
Tuesday, October 3, 2023
Environment, Climate Change, Finance, Utilities, Banking, Professional Services, Energy, Agriculture, Natural Resources, Partnership, SDG, Electricity, Public, SFD, Saudi Fund for Development, Climate change, Multimedia, Republic, Developed country, Renewable energy

Wavel Ramkalayan; The Saudi Fund for Development (SFD) Chief Executive Officer, H.E.

Key Points: 
  • Wavel Ramkalayan; The Saudi Fund for Development (SFD) Chief Executive Officer, H.E.
  • Sultan Al-Marshad, officially inaugurated today in Seychelles, the 33 KV Transmission Network of South Mahe Island Project, with the Minister of Agriculture, Climate Change and Environment of Seychelles, Hon.
  • This project will play a vital role in improving the lives of the people of South Mahe.
  • Families, businesses, and individuals now have access to reliable and affordable electricity which will play a major role in ensuring a bright future for South Mahe.”

Saudi Fund for Development signs two development loan agreements to enhance social infrastructure in Seychelles

Retrieved on: 
Tuesday, October 3, 2023
Professional Services, Education, Other Construction & Property, Finance, Construction & Property, Other Education, SIDS, SDG, Housing, City, SFD, Saudi Fund for Development, Sewage, Federal Ministry of Budget and National Planning (Nigeria), Multimedia, Sustainable Development Goals, Government, Adequate Public Facilities Ordinance, Republic, Developed country, Community, Fund, Sustainable Development Goal 4, SDG 4, Development

Sultan Al-Marshad, signed two new development loan agreements with the Minister of Finance, National Planning and Trade of the Republic of Seychelles, Hon.

Key Points: 
  • Sultan Al-Marshad, signed two new development loan agreements with the Minister of Finance, National Planning and Trade of the Republic of Seychelles, Hon.
  • Naadir Hassan, through which SFD is contributing $25 million to fund the “Social Housing Project” and the “Reconstruction of La Digue School Project”.
  • Sultan Al-Marshad, signed two new development loan agreements with the Minister of Finance, National Planning and Trade of the Republic of Seychelles, Hon.
  • Naadir Hassan, stated: “The government of Seychelles is grateful to the Saudi Fund for Development for the continued support.

Oman Construction Equipment Market Assessment & Forecast Report 2023-2029: Oman Investment Authority (OIA)'s Investments of $4.95 Billion to Propel Demand - ResearchAndMarkets.com

Retrieved on: 
Monday, August 28, 2023
Commercial Building & Real Estate, Construction & Property, Urban Planning, Landscape, Building Systems, Manufacturing, Machinery, Architecture, Other Construction & Property, Residential Building & Real Estate, Hydrogen, Food, Housing, Tourism, Department of Housing and Urban Planning, Empty, Volvo, Fishery, Sewage, Ras Al Khaimah Investment Authority, Sultan of Oman's Armed Forces, Komatsu, USD, Government, XCMG, Ministry, Development, OIA, Public Establishment of Television, Green hydrogen, Al Naseem Sub-Municipality, Investment, Mining, Caterpillar, Water, Groundwater, Khasab Airport, Industrial, City, Oman Investment Authority, Health, Food security, Saudi Fund for Development, Industrial waste, Well, Heavy equipment, Cryptocurrency, Renewable energy, Floral industry, Liebherr, Muscat

The "Oman Construction Equipment Market - Strategic Assessment & Forecast 2023-2029" report has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • The "Oman Construction Equipment Market - Strategic Assessment & Forecast 2023-2029" report has been added to ResearchAndMarkets.com's offering.
  • Earthmoving equipment accounted for the largest market share in the Oman construction equipment market in 2022.
  • Caterpillar, Volvo CE, Komatsu, Liebherr, Hitachi Construction Equipment, and XCMG are leaders in the Oman construction equipment market.
  • Falling oil prices may drive Oman to curtail or postpone government investment, restricting the construction industry's expansion and resulting in lower demand for construction equipment.