Saudi Fund for Development Engages in Key Economic Summit

Strategic Collaboration at the 92nd ACG Operations Meeting

The Saudi Fund for Development (SFD) took a prominent role in the 92nd regular meeting of operations directors from the Arab Coordination Group (ACG) institutions, with its CEO Sultan Abdulrahman Al-Marshad and Deputy CEO Eng. Faisal bin Mohammed Al-Kahtani in attendance. The gathering, held under the auspices of the Arab Bank for Economic Development in Africa (BADEA), brought together key officials to bolster developmental cooperation and foster economic growth across various countries.

Key points of discussion at the meeting included enhancing institutional effectiveness through the leveraging of collective skills and resources. The participants aimed to synchronize their efforts to support developmental and socio-economic advancement in countries benefiting from their programs.

Furthermore, the conference emphasized the importance of joint initiatives and the sharing of data on development ventures. Delegates also deliberated on harmonizing strategies to secure funding for high-priority development projects and schemes in developing nations around the globe.

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