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OPEC Fund for International Development

Syllabus of the Sub-subject: OPEC Fund for International Development (OFID).

  1. Introduction to the Fund for International Development of the Organisation of Petroleum Exporting Countries (OPEC)
  2. Funds to boost South-South solidarity and for the promotion of the developing economies
The Sub-subject “OPEC Fund for International Development (OFID)” is part of the following programs:
  1. Masters (e-learning): International Business, Muslims Countries
  2. Doctorate in Business in Islamic Countries

Languages of study English (French Fonds OPEP pour le développement international Spanish Fondo OPEP para el desarrollo internacional Portuguese Fundo OPEP para o Desenvolvimento).

Sample of the Sub-subject: OPEC Fund for International Development (OFID)
OPEC Fund for International Development

Description of the Sub-Subject: OPEC Fund for International Development.

Financial institution (Arab Development Funds): OPEC Fund for International Development (OFID).

  1. Created in 1976 by the Organisation of the Petroleum Exporting Countries (OPEC)
  2. Resources: voluntary contributions
  3. Main objectives of the OPEC Fund OFID are to support the developing economies and boosting the South-South solidarity
  4. Financing for social services (Education, healthcare), infrastructure, foreign trade, and productivity
  5. The OPEC Fund for International Development has financed projects in 134 countries
  6. Low-interest loans
  7. Financing of private sector
  8. Technical assistance
  9. The OPEC Fund for International Development (OFID) is a Muslim fund of the Islamic Civilisation

The OPEC Fund for International Development member countries are:

  1. Africa: Algeria, Gabon, Libya, and Nigeria
  2. The Middle East and Asia: Indonesia, the Islamic Republic of Iran, Iraq, Kuwait, Qatar, Saudi Arabia, and the United Arab Emirates
  3. America: Ecuador and Venezuela


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