AGFUND approves financing Al-Amal Microfinance Bank

Amb. Shammar Looks for Further Yemeni-Bulgarian Cultural Cooperation

The Chargé d' Affaires of the Embassy of the Republic of Yemen in Sofia, Bulgaria, Ambassador Ahmed Shammar, met today with the Director of the Bulgarian National Library, Professor Kalina Ivanova.

Three Palestinians Killed, 10 Injured in Israeli Airstrikes on Gaza

Three Palestinians were killed and more than 10 others injured on Saturday in a series of Israeli airstrikes targeting several areas across the Gaza Strip.

Korea's Travel Account Posts Surplus for 3rd Month in Row

South Korea reported a surplus in its tourism account for the third month in a row in May, driven by a rise in the number of foreign tourists, reaching $220.5 million in May compared to a deficit of $820.2 million in the same month last year.

England Claim FIFA World Cup 2026 Bronze with Victory over France

England secured third place at the 2026 FIFA World Cup after defeating France 6-4 in the third-place playoff on Saturday.

Last Update: ، 2026/07/29 Time 12:37:48
Latest News:

Prime Minister: Aden Tops Government Priorities

Al-Arada Calls for Stronger Action Against Iranian Support for Houthis

Yemeni Ambassador, Russian Agency Chief Discuss Expanding Education Links

Al-Khabbashi Praises Efforts to Settle Disputes, Underlines Importance of Developing Technical Education

Lahj Governor Calls for Broader Development Cooperation with Danish Refugee Council

AGFUND approves financing Al-Amal Microfinance Bank

[18/12/2017 12:37]

RIYADH-SABA
The Arab Gulf Program for Development (AGFUND) has approved 10 projects in line with the Sustainable Development Goals (SDGs) of the 2030.

The projects cover the financing of Al Amal Microfinance Bank in Yemen to mitigate the impact of displacement due to the Houthi armed insurgency crisis and to improving the living conditions of families through innovative programs and products.

The Board of Directors of the Arab Gulf Program for Development (AGFUND) held its 16th regular meeting at its headquarters in Riyadh on Sunday, December 17, 2017.

They decided to finance the projects found to be consistent with the Sustainable Development Goals 2030; empowering battered women, educating mothers and children, supporting persons of special need, and prompting the roles of NGOs in development.

The approved projects are supported by the United Nations High Commissioner for Refugees, International Training Center, Arab Council for Childhood and Development, Arab Network for NGOs, Center of Arab Woman for Training and Research, Amal Bank for Microfinance in Yemen, National Family Safety Program, Saudi Child Care Association and Palestinian Sadaqa Medical Charity Association.