AGFUND approves financing Al-Amal Microfinance Bank

Leadership Council Member Tariq Saleh inspects December 2 Center for Physical Therapy

Member of the Presidential Leadership Council Tariq Saleh inspected Tuesday the December 2 Center for Physical Therapy and Rehabilitation in the city of Makha, Taiz Governorate.

Ancient City of Heraclea Sintica Nominated for Bulgaria's "Wonders" Award

The ancient city of Heraclea Sintica, located near Petrich in southwestern Bulgaria, is among 15 sites nominated for the 15th annual "Wonders of Bulgaria" award.

GCC-STAT: Positive growth for GCC economies in 1Q

The economies of the Gulf Cooperation Council (GCC) countries recorded positive growth during the first quarter of 2025, reflecting the continued economic stability and sustainable development trajectory in the region.

Morocco wins Under-20 Youth World Cup title

The Moroccan national team won the FIFA U-20 World Cup title after defeating Argentina 2-0 in the final of the tournament hosted by Chile.

Last Update: ، 2025/10/29 Time 06:07:41
Latest News:

Minister of Higher Education discusses with IOM needs of vocational institutes in Aden, Lahj, Taiz

Health Minister Inspects Progress of Aden Cancer Hospital Project

Youth Minister Meets British Ambassador to Boost Cooperation in Youth and Sports Sectors

Presidential Leadership Council Member al-Mahrami meets with Acting U.S. Ambassador

Leadership Council discusses economic, security situations, reiterates its support for comprehensive ..

AGFUND approves financing Al-Amal Microfinance Bank

[18/12/2017 12:37]

RIYADH-SABA
The Arab Gulf Program for Development (AGFUND) has approved 10 projects in line with the Sustainable Development Goals (SDGs) of the 2030.

The projects cover the financing of Al Amal Microfinance Bank in Yemen to mitigate the impact of displacement due to the Houthi armed insurgency crisis and to improving the living conditions of families through innovative programs and products.

The Board of Directors of the Arab Gulf Program for Development (AGFUND) held its 16th regular meeting at its headquarters in Riyadh on Sunday, December 17, 2017.

They decided to finance the projects found to be consistent with the Sustainable Development Goals 2030; empowering battered women, educating mothers and children, supporting persons of special need, and prompting the roles of NGOs in development.

The approved projects are supported by the United Nations High Commissioner for Refugees, International Training Center, Arab Council for Childhood and Development, Arab Network for NGOs, Center of Arab Woman for Training and Research, Amal Bank for Microfinance in Yemen, National Family Safety Program, Saudi Child Care Association and Palestinian Sadaqa Medical Charity Association.