OFID helps bolster relief efforts in Syria and Yemen

OFID has approved two emergency aid grants to help meet the health and food needs of approximately 67,000 people in Syria and Yemen. The funds will support activities being carried by the IFRC – the International Federation of Red Cross and Red Crescent Societies (Syria) and the ICRC - the International Committee of the Red Cross (Yemen).

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OFID supports international trade and SMEs in Armenia

OFID has signed a US$15 million loan agreement with Inecobank CJSC of the Republic of Armenia. The transaction represents OFID’s fifth loan to the bank and was signed in June by OFID Director-General Suleiman J. Al-Herbish and Acting CEO of Inecobank Garnik Tadevosyan.

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