A delegation from 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.
» Read more
A delegation from OFID, headed by Director-General Mr Suleiman J Al-Herbish, has concluded a high-level mission to Palestine, which included a meeting with Palestinian President Mahmoud Abbas and the signing of several grant agreements in support of the Palestinian people.
» Read more
April 7 marks World Health Day, which is celebrated every year to mark the anniversary of the founding of WHO in 1948. The topic for 2014 is vector-borne diseases: "Small bite, big threat." Since 1976, OFID has provided more than US$671 million to help improve health standards and living conditions for millions of people in various countries around the world.
» Read more
OFID interviews Kandeh Yumkella (Part 1 of 3)
OFID joins world in mourning Mandela
There are various fraudulent schemes whose authors purport to be OFID personnel or agents or otherwise associated with OFID. Frequently, but not exclusively, such schemes take the form of emails, rogue websites, faxes or telephone calls to unsuspecting members of the public. Increasingly, fraud takes the form of internet correspondence known as ‘Phishing’; a fraudulent practice in which email messages, instant messages and websites are used to dupe individuals into disclosing personal or confidential information. Many of these scams request detailed personal information for purposes such as: invitations to fictitious, OFID-sponsored conferences; front-end fees or advance payments; registration or processing fees. In return, such scams promise recipients OFID financial assistance. These scams sometimes carry the OFID logo and derive from e-mail addresses designed to look confusingly similar to OFID addresses.
OFID wishes to warn members of the public of these fraudulent practices which do not originate from, or are associated with, OFID. It is strongly recommended that recipients of any solicitations purporting to be from or associated with OFID use extreme caution in order to verify their genuineness before sending any response.
As an infallible rule, OFID does not extend loans or any other form of financing to individuals. It also does not charge any fees before a legally binding financing agreement is concluded between OFID and a beneficiary company or corporation. Nor is it OFID policy to charge any fees for attending seminars or conferences. Furthermore, OFID does not operate a lottery.
Scams may take a myriad of forms, in addition to those described above. The need for caution and vigilance cannot be over-emphasised.