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04 Aug 2014 description

Vienna, Austria, August 4, 2014. The OPEC Fund for International Development (OFID) has approved an emergency assistance grant of US$500,000 to support the activities of the World Health Organization (WHO) in stopping the spread of the deadly Ebola virus which has claimed hundreds of lives in West Africa. The grant has been extended as a result of discussions between the Director General of OFID, Mr Suleiman J. Al-Herbish and the Special Representative of the UN Secretary General, Dr Kandeh Yumkella.

14 Apr 2014 description

Loan agreements signed with four partner countries

Vienna, Austria, April 14, 2014. A delegation from the OPEC Fund for International Development (OFID), headed by Director-General Mr Suleiman J Al-Herbish, has concluded a high-level mission to Washington, DC, to attend the 2014 Spring Meetings of the World Bank and the International Monetary Fund (IMF), as well as a number of other important meetings. Highlights of the mission include the following:

07 Apr 2014 description

Meets with President Abbas and signs grant agreements in support of the Palestinian people

19 Mar 2014 description

Vienna, Austria, March 18, 2014. Meeting in its 146th Session, the Governing Board of the OPEC Fund for International Development (OFID) has approved financing of nearly US$264 million to boost socio-economic development in over 30 partner countries. Of the new commitments, over US$193m will support 10 public sector loans and nine grants. The bulk of the public sector funding will co-finance agriculture, transportation, education, energy, health and water supply and sanitation projects.