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Environment 1 min read 23 views

Saudi Fund for Development Celebrates 50 Years of Global Impact with Gala Event

The Saudi Fund for Development (SFD) will commemorate its 50th anniversary with a Gala Dinner on September 1, 2024. The event, themed "Celebrating 50 Years of Global Impact," marks five decades of the SFD's dedication to sustainable global development and progress.

Established in 1974, the SFD has served as the primary international development arm of the Kingdom of Saudi Arabia, supporting sustainable development initiatives across Africa, Asia and the Pacific, Latin America and the Caribbean, and Eastern Europe. Through its extensive collaboration and partnerships, the SFD’s work has reached the most vulnerable communities worldwide, emphasizing support for Least Developed Countries and Small Developing Island States.

"For 50 years, the SFD has worked hand-in-hand with communities and partners to drive transformative development change. Our programs have touched nearly every aspect of society, from building essential social infrastructures like roads, hospitals, and schools to empowering communities through initiatives in education, healthcare, water and sanitation, renewable energy, agriculture, transportation and communication, industry and mining, and more," noted Mr. Sultan Al-Marshad, CEO of the SFD. "At this critical milestone, we reaffirm our commitment to spurring global collaboration and unity, building inclusive frameworks for social, economic, and human development, and fostering economic prosperity in developing countries worldwide."

The 50th Anniversary Gala Dinner will bring together global development partners and leaders, government representatives, world experts, and academics. The event aims to celebrate the SFD's and the Kingdom of Saudi Arabia’s development legacy and its future ambition to help build a more sustainable and equitable future for all.

Saudi Fund for Development 50th anniversary SFD Gala Dinner 2024 Global development initiatives Saudi Arabia SFD international development Sustainable development Saudi Arabia

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