Saudi: AGFUND Board approves financing of development projects

Saudi: AGFUND Board approves financing of development projects

Riyadh: The Board of Directors of the Arab Gulf Program for Development (AGFUND) held its semi-annual meeting this afternoon, chaired by His Royal Highness Prince Abdul Aziz bin Talal bin Abdul Aziz, the President of AGFUND.

During the meeting, the Board members reviewed AGFUND’s remarkable achievements in the first half of 2023, including financial and technical reports. In addition, the winning projects of the 2022 Prince Talal International Prize for Human Development were presented. The prize was focused on “Decent Work and Economic Growth,” which corresponds with Goal 8 of the U.N. Sustainable Development Goals (SDGs).

The meeting entailed a discussion of the projects proposed to AGFUND for the current cycle. The Board approved a selection of development projects on the agenda, which will be granted funding from the organization.

These projects include: “Psychological and Social Support for Children Affected by the Earthquake” in Syria; “Improving Early Childhood Services for Children” in Morocco; “Fostering Early Education of Science, Technology and Innovation for Preschooler to 12th graders” in various Arab countries; “Towards Worldwide Elimination of Female Genital Mutilation” in Mauritania, Sudan, Yemen, Egypt, and Somalia; “Empowering Vulnerable Children and Adolescents: Comprehensive Social and Financial Education Program for Ages 12-16” in Yemen and Palestine’ “Lifesaving