Thursday , 14 January 2021

Arab Gulf Programme for Development (AGFUND)

The Arab Gulf Programme for Development (AGFUND) is a regional organisation based in Riyadh, Saudi Arabia. AGFUND was established in 1980 upon the initiative of His Royal Highness, Prince Talal Bin Abdul Aziz with the support of leaders of the Gulf Cooperation Council countries: the United Arab Emirates, the Kingdom of Bahrain, the Kingdom of Saudi Arabia, the State of Qatar, the Sultanate of Oman and the State of Kuwait. AGFUND’s key objective, without discrimination of sex, creed or political affiliation, is to support human development efforts such as combating poverty, the advancement of education, the improvement of health standards, early childhood education, the empowerment of women, institutional development, and the implementation of projects that target disadvantaged groups in developing countries, particularly women and children.

AGFUND works in partnership with the United Nations, regional and national development organisations, public institutions, the private sector and civil society organisations. AGFUND has supported and financed around 1,467 projects in 133 developing countries and has established several microcredit banks, universities and regional NGOs with which it closely coordinates project implementation. The most important organisations that were established through AGFUND are the Center for Arab Women Training and Research (CAWTAR), the Arab Network of NGOs (’Shabaka’), the Arab Open University and a number of ‘banks for the poor’.