AGFUND approves financing Al-Amal Microfinance Bank

President of Presidential Leadership Council Congratulates President Putin on Victory Day

The President of the Presidential Leadership Council, Dr. Rashad al-Alimi, sent a congratulatory cable to Russian President Vladimir Putin on the occasion of Victory Day in Russia.

Israeli aggression on Gaza leaves 51,157 people martyred, and 116,724 others Injured

The ongoing aggression by Israeli occupation forces on Gaza has resulted in a death toll of 51,157 and 116,724 injuries since October 7, 2023.

Oil rises as market awaits U.S.-China trade talks

Oil prices rose, today, Wednesday, remaining just above four-year lows, as investors focused on U.S.-China trade talks and signs of declining U.S. production.

Paris Saint-Germain Qualifies for Champions League Final with Victory over Arsenal

Paris Saint-Germain qualified for the Champions League final for the second time in its history, after repeating its 2-1 victory over Arsenal in the second leg of the semi-final.

Last Update: ، 2025/05/09 Time 04:35:03
Latest News:

Yemeni Ambassador Leads Arab Ambassadors' Meeting in Cuba

Presidential decree about appointing vice ministers in several ministries

Interior Minister, US Acting- Ambassador discuss security cooperation

PM receives letter from sectary general of GCC

Yemen Participates in Barcelona's Marine Expo

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.