

Development Institutes
Arab bank for economic development in africa (Badea)
08/02/2008
Established 1974. The Bank was created for the purpose of strengthening economic, financial and technical cooperation between Arab and African countries, to make Arab-African solidarity a concrete reality and to base this co-operative venture on foundations of friendship and equality.
Arab gulf programme for united nations development organizations (Agfund)
08/02/2007
Established 1980. AGFUND aims to support human development efforts, including fighting poverty, promoting education, improving health standards, supporting institutional structures and the training of personnel, as well as all development efforts geared toward the neediest groups in developing countries, especially women and children.
Saudi fund for development (Saudi Fund)
08/02/2002
Established in 1974. The basic objectives of the fund are to participate in financing of development projects in developing countries through granting of loans to said countries and to encourage national non-crude-oil exports by providing finance and insurance in support of such exports.
International monetary fund
08/02/1998
The International Monetary Fund (IMF) is an organization of 186 countries, working to foster global monetary cooperation, secure financial stability, facilitate international trade, promote high employment and sustainable economic growth, and reduce poverty around the world.