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Africa - a bright future?
Oct 2018 issue of the OFID Quarterly
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Photo:Ashraf Mahmoud 

OFID DG meets Austria’s Minister of Foreign Affairs

OFID Director-General Dr Abdulhamid Alkhalifa met with Austria’s Foreign Minister Karin Kneissl, who emphasized her support for OFID and noted the important contributions the organization makes to development in the areas of energy, health and education. The meeting enabled a discussion focused on mutual interests.

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News & Events Minimize


OFID supports Cuba’s water infrastructure via US$25m loan

OFID has signed a US$25 million loan agreement to co-finance improved water and sanitation infrastructure in Cuba. The loan was signed by Vice-President of the Council of Ministers of the Republic of Cuba, Ricardo Cabrisas Ruiz, and OFID Director-General, Dr Abdulhamid Alkhalifa, at OFID’s Vienna headquarters. 
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Libya’s Head of State co-hosts OFID exhibition to help celebrate organization’s 43rd anniversary

Libya’s Head of State and President of the Presidential Council of the Libyan Government of National Accord, Faiez Serrag, and OFID Director-General Dr Abdulhamid Alkhalifa opened yesterday a Libyan-themed exhibition at OFID’s Vienna headquarters.
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OFID supports international trade and SMEs via a loan extended to BasisBank, Georgia

OFID has signed a US$15 million loan agreement with BasisBank, Georgia, to support the international trade requirements of small and medium-sized enterprises (SMEs) and corporates in the country.
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Dr Abdulhamid Alkhalifa, a Saudi Arabian national, was elected Director-General and Chief Executive Officer of OFID at the institution’s June 2018 Ministerial Council meeting. Dr Alkhalifa officially assumed his post on November 1, 2018.  

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