SAUDI ARABIA

SFD chief reviews aspects of investment cooperation with Omani delegations

April 14, 2022
Saudi Fund for Development (SFD) CEO Sultan bin Abdulrahman Al-Marshad receives President of Oman Investment Authority Abdulsalam Al-Murshidi in Riyadh.
Saudi Fund for Development (SFD) CEO Sultan bin Abdulrahman Al-Marshad receives President of Oman Investment Authority Abdulsalam Al-Murshidi in Riyadh.

RIYADH — The CEO of the Saudi Fund for Development (SFD), Sultan bin Abdulrahman Al-Marshad, received President of Oman Investment Authority Abdulsalam Al-Murshidi and his accompanying delegation and a delegation from the Omani OQ Company, headed by Talal Al-Awfi, at the fund's headquarters in Riyadh on Thursday.

From the Saudi side a delegation from the National Companies Promotion Program, represented by CEO Badr Al-Badr, and a delegation from Saudi Authority for Industrial Cities and Technology Zones, represented by Deputy CEO Ali Mohammed Al Maddawi, participated in the meeting.

The visit included a tour of the photo gallery inside the headquarters, reviewing top SFD development projects in developing countries and their development impact on beneficiaries.

Al-Marshad and Al-Murshidi, along with participating delegations, discussed aspects of cooperation between the two sides in the sectors of health, education and fisheries in Oman. They also reviewed the fund's efforts and existing development projects, including the complementary works for Al-Dagem port, and a program to support small and medium enterprises that contribute to realizing the Sustainable Development Goals.

Al-Murshidi commended the efforts of SFD in supporting development projects, mainly in Oman.

SFD has been working for 45 years on supporting development projects in Oman, especially in infrastructure, higher education and vocational programs, water and energy. — SPA


April 14, 2022
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