صدى البلد البلد سبورت قناة صدى البلد صدى البلد جامعات صدى البلد عقارات
Supervisor Elham AbolFateh
Editor in Chief Mohamed Wadie
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AGFUND Board Approves Financing for 19 Sustainable Development Projects


Fri 26 Dec 2025 | 06:32 PM
Pasant Elzaitony

The Board of Directors of the Arab Gulf Programme for Development (AGFUND), chaired by His Royal Highness Prince Abdulaziz bin Talal bin Abdulaziz, held its 32nd meeting on Thursday, December 25, 2025, at AGFUND’s headquarters in Riyadh.

During the meeting, the Board reviewed AGFUND’s key activities and achievements throughout 2025 and discussed the proposed development projects submitted for funding during the current cycle.

The Board expressed its appreciation for AGFUND’s participation in the Golden Jubilee celebration of the Arab Coordination Group (ACG), marking 50 years since its establishment. The celebration, held in Washington, D.C., highlighted the Group’s long-standing contributions to improving livelihoods, strengthening community resilience, supporting inclusive growth, and establishing a leading model of international development partnership.

The Board also commended AGFUND’s role in organizing the 2024 Prince Talal International Prize for Human Development Award Ceremony in Madrid, where winning projects aligned with the United Nations Sustainable Development Goal 14, Life Below Water, were honored.

During the meeting, the Board approved financing for 19 development projects that meet AGFUND’s funding criteria and align with its strategic objectives. These projects fall under AGFUND’s five core programs: Women’s Empowerment, Early Childhood Development, Open Education, Civil Society, and Financial Inclusion. The approved initiatives also address priority development sectors, including water, food security, climate change, and environmental sustainability, benefiting communities across 29 countries.

The meeting concluded with an emphasis on adopting a forward-looking vision that builds on AGFUND’s achievements and enhances its development impact in line with global transformations and sustainable development priorities, within the framework of AGFUND’s updated strategy and institutional identity.

Since its inception, AGFUND has supported 1,796 development projects in 133 countries, in partnership with more than 450 entities, including United Nations agencies, international and regional organizations, government institutions, and non-governmental organizations.

Social Media Introduction

Chaired by HRH Prince Abdulaziz bin Talal, AGFUND’s Board has approved funding for 19 new sustainable development projects, reinforcing its commitment to inclusive growth, environmental sustainability, and global development partnerships.