Riyadh- The CEO of the Saudi Fund for Development, Sultan Al-Marshad, met with Nahid Hussein, the resident representative of the UN Development Programme for the Kingdom, and her accompanying delegation in the capital, Riyadh, the Saudi News Agency reported on Wednesday.
The two parties addressed SFD-financed initiatives and projects for development in poor nations during the conference.
They also discussed topics of shared concern, such as how to improve bilateral development cooperation, deal with problems, and create long-lasting solutions.
The SFD has been working for almost 50 years to fund initiatives in developing nations that cover a wide range of essential sectors to help those nations accomplish basic development services and raise the standard of living of societies to support the least developed and poorest nations.
The fund works in partnership and cooperation with regional and international organisations and institutions to support these projects in order to accomplish sustainable development goals and increase the effectiveness of development aid.
