Read an inspiring story on OFID's blog "Uniting against Poverty"
After growing up without electricity, Ahmed Abdishakur, OFID-sponsored OYW delegate, is lighting up his country
Stay connected: OFID's blog "Uniting against Poverty"
Read a second story about Bonita Sharma, an OFID-sponsored One Young World delegate, who is connecting with other young leaders making a difference...
Uniting against Poverty
OFID's Suleiman J Al-Herbish and the fight for sustainable development - edited highlighted from 2014 to 2016
Energy Access Platform
To help achieve Sustainable Development Goal 7 on universal energy access by tapping into the leadership, technology and experience of the energy industry
previous pause next

Bolivian President Evo Morales recognizes OFID support, Director-General honored

The Director-General of OFID, Suleiman J Al-Herbish, has concluded a mission to Argentina and Bolivia, where he was conferred an honorary doctorate from a Bolivian university in recognition of development financing supplied by OFID. The Director-General also signed loan agreements with the two countries to help boost socioeconomic development in the water and sanitation, and transportation sectors, and met with Bolivian President Evo Morales.
» Read more

OFID signs loan agreements to boost socioeconomic development in Côte d’Ivoire and Djibouti

The Director-General of OFID Suleiman J Al-Herbish has signed loan agreements totaling US$25 million with partner countries Djibouti and Côte d’Ivoire. The loans will co-finance projects aimed at helping to reduce poverty by targeting sectors accorded high priority by the respective governments.
»  Read more

OFID works with partners to support Lebanon and Gulf Bank and boost SMEs in Lebanon

OFID has partnered with two development banks – the Dutch development bank FMO and the Austria-based Oesterreichische Entwicklungsbank AG (OeEB) – to sign a US$67.5 million loan to Lebanon and Gulf Bank (LGB BANK). The transaction was established by the efforts of OFID and Alpen Capital, the latter of which acted as the sole financial advisor. FMO acted as the mandated lead arranger and facility agent.
»  Read more

Director General's Statements Minimize