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OPEC Fund for International
Development
Contact & Social Networks
Syllabus of the Subject: OPEC Fund for International Development .
Introduction to the Fund for International Development of the Organization of Petroleum Exporting Countries (OPEC);
Funds to boost South-South solidarity and developing economies promotion .
OPEC Fund for International Development (OFID)
Related Education
Arab Development Funds .
Description
OPEC Fund for International Development.
Financial institution: OPEC Fund for International Development (OFID).
Creation of the OPEC Fund for International Development: 1976 by the Organization of the Petroleum Exporting Countries (OPEC);
Resources: voluntary contributions;
The main objectives of the OPEC Fund for International Development are to
support the developing economies and boosting the South-South solidarity ;
Financing for social services (Education, healthcare), infrastructure, foreign trade , and productivity;
The OPEC Fund for International Development has
financed projects in 134 countries ;
Low-interest loans;
Private sector financing;
Technical assistance;
The OPEC Fund for International Development (OFID) is a Muslim fund of the Islamic Civilization .
The OPEC Fund for International Development member countries are:
Africa: Algeria , Gabon , Libya , and Nigeria ;
Middle East and Asia: Indonesia, the Islamic Republic of Iran, Iraq, Kuwait, Qatar, Saudi Arabia, and the United Arab Emirates;
America: Ecuador and Venezuela.
Arab Development Funds.
Arab Bank for Economic Development in Africa (BADEA ) ;
Arab Fund for Economic and Social Development ;
Arab Monetary Fund ;
Arab Trade Financing Programme (ATFP ) ;
Arab Gulf Programme for United Nations Development Organizations (AGFUND ) ;
Islamic Development Bank (IsDB );
Abu Dhabi Fund for Development ;
Kuwait Fund for Arab Economic Development ;
Saudi Fund for Development .
(c) EENI
(c) EENI Global Business School (1995-2023)
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