Latest news with #SaudiFund
Arab News
17 hours ago
- Business
- Arab News
Saudi fund chief receives Nepal's ambassador
RIYADH: The CEO of the Saudi Fund for Development, Sultan Al-Marshad, received Nepal's ambassador to the Kingdom, Naresh Bikram Dhakal and his accompanying delegation in Riyadh on Tuesday. During the meeting, they discussed the Saudi fund's development projects in Nepal and ways to enhance cooperation between the two countries, the official account said in a post on X. Meanwhile, Saud Al-Sati, deputy minister for political affairs, met with Senegal's ambassador to the Kingdom, Biram Mbagnick Diagne, in Riyadh and wished him success in his new duties, the foreign ministry said in a post on X.
Zawya
a day ago
- Business
- Zawya
Jordan, Saudi Fund for Development discuss boosting cooperation
AMMAN — Minister of Public Works and Housing Maher Abul Samen on Monday met with a delegation from the Saudi Fund for Development (SFD) to discuss cooperation and accelerating the progress of joint development projects. The meeting, held at the ministry's headquarters, was attended by the ministry's Secretary General Jamal Qutaishat and representatives from the Ministry of Planning and International Cooperation, according to Al Mamlaka TV. Abul Samen expressed appreciation for the Saudi fund's continued support in financing a range of vital projects across the Kingdom, reiterating the ministry's commitment to fostering deeper collaboration with the Fund and addressing any challenges that may hinder project implementation. He also commended the SFD's contributions to school construction projects, which have significantly improved educational infrastructure and helped alleviate overcrowding in classrooms. The minister also stressed the importance of immediate communication regarding any project-related obstacles, assuring the ministry's readiness to resolve issues in coordination with relevant authorities. During the meeting, Director of the Buildings Department at the ministry Iman Obeidat presented an overview of ongoing school construction projects funded by the SFD, as well as future plans under the framework of continued Jordanian-Saudi cooperation. The discussions come as part of the ministry's broader efforts to strengthen partnerships with international donors and ensure the effective delivery of development projects in support of Jordan's sustainable growth, Al Mamlaka TV reported. The minister also emphasised the need to uphold the highest standards of transparency and to adhere strictly to agreed project timelines. He also called for enhanced coordination with all stakeholders and close monitoring of both technical and financial aspects to ensure smooth and uninterrupted progress. He also underlined the importance of timely and regular disbursement of project-related funds to avoid delays in implementation. The SFD delegation commended the ministry's efforts in managing and executing SFD-financed projects, expressing their commitment to continued coordination and cooperation in the period ahead. They reiterated the Fund's dedication to supporting projects that serve shared interests and contribute to Jordan's development objectives.
Arab News
14-05-2025
- Business
- Arab News
Saudi fund CEO attends inauguration of Jakarta State University development project
Saudi Fund for Development CEO Sultan Al-Marshad took part in an inauguration ceremony for phase two of the Jakarta State University development and upgrade project. The initiative, worth $32.7 million, includes the construction of four 10-storey buildings, along with a grand mosque and social development center. Writing on X on Wednesday, the Saudi Fund said Indonesian Minister of Higher Education, Science and Technology Brian Yuliarto and Saudi Ambassador to Indonesia Faisal bin Abdullah Al-Amoudi were also present at the ceremony.
