OPEC Fund for International Development

EENI- School of International Business

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

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

Languages of study English (French Fonds OPEP Spanish Fondo OPEP Portuguese OIC).

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

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

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

  1. Created in 1976 by the Organisation of the Petroleum Exporting Countries (OPEC)
  2. Resources: voluntary contributions
  3. The 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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