The Arab Gulf Program for Development (AGFUND) – A Regional Organization
The Arab Gulf Program for Development (AGFUND) is a regional organization based in Riyadh, Saudi Arabia. AGFUND was established in 1980 upon the initiative of His Royal Highness, Prince Talal Bin Abdul Aziz Al Saud with the support of leaders of the Gulf Cooperation Council Countries: United Arab Emirates, Kingdom of Bahrain, Kingdom of Saudi Arabia, State of Qatar, Sultanate of Oman and the State of Kuwait. AGFUND works mainly in the field of development and growth at the international level through an effective partnership with the United Nations Organization, with regional and national development organizations, with public institutions, with the private sector, as well as with organizations of the civil society.
Since its foundation, AGFUND has contributed to supporting and financing of 1,466 projects in 133 developing countries. Until now, 952 projects have already been completed and 316 projects are under construction and implementation.