They were key in reducing the Kingdom’s infant mortality rate from 68 per 1,000 live births in 1980, to 18 per 1,000 live births in 2003. Saudi Fund for Development in Collaboration on Social Infrastructure Projects in Djibouti Underscores commitment by SFD to helping stabilize Horn of Africa Print . Scientists at King Khalid University Hospital are testing indigenous medical plants for potential benefits to cancer treatments. vice chairman and managing director of the saudi fund for development, saudi arabia, october 2019 There is such a demand, not only for Samoa but for the Pacific Island region generally, because of the vulnerability to climate change impacts. The government also sponsors a wide range of social services programs aimed at ensuring that every citizen has a decent standard of living. Ministry of Human Resource and Social Development seeks to achieve the objectives of the National Transformation Program 2020 based on Saudi Vision 2030 Electronic Services . The transformation of the Saudi health care system since 1970 has been astonishing. All Rights Reserved. The second tier of the Saudi health service plan consists of a network of advanced hospitals and specialized treatment facilities. Washington, DC 20037, Regular Business Hours Similarly sophisticated surgical procedures are performed at most Saudi hospitals. It also administers loans and grants extended by the Saudi … Available for iPhone, iPad, Android, and Web. Nasr stipulated that the political leadership sets the peninsula’s development as a priority, aiming at creating jobs, constructing integrated roads and facilities network linking … Saudi Gazette - 12-Oct-2020 construction Egypt, AFESD sign $249mln grant agreement for Bahr El-Baqar drainage system. The Kingdom has a number of specialized hospitals that provide quality care in a variety of areas, including obstetrics and gynecology, respiratory ailments, psychiatric care, eye disorders and contagious diseases. He also drew attention to the minister’s extra keenness in the case of the fund since he launched an initiative until it saw the light by a decision of the Council of Ministers on Tuesday, describing it as the first cultural gain for the year 2021. Providing interest-free financing and non-financial services for micro-enterprises in order to encourage their owners to do business themselves and for … Monday - Friday 9:00am–5:00pm, Main Number: (202) 342-3800 PIF is the single and largest shareholder in NEOM, Al-Rumayyan said, clarifying that the project is not only a real estate development but rather a complete financial, technical and social system. Emergency Contact Numbers. Since then, it has financed tens of thousands of private homes, and provided millions of dollars to the private sector to build housing units, stores and office buildings. Saudi Arabia offers a wide range of social welfare programs. These programs are also mindful of patients’ comforts and sensibilities. Saudi Fund for Development in Collaboration on Social Infrastructure Projects in Djibouti The Vice-Chairman of the SFD, Dr. Khaled bin Sulaiman Al Khudairy, signed the agreement with Mr. Elias Moussa Douala, the Minister of Economy and Finance, in the presence Djiboutis Prime Minister Abdoulkader Kamil Mohamed and other government officials, while leading a delegation from the Fund … The ministry noted that this fund came as an Egyptian partnership with several financing institutions (the Saudi Fund for Development, the Kuwaiti Fund for Arab Economic Development, the Arab Fund for Economic and Social Development). The OPEC Fund for International Development (the OPEC Fund) works in cooperation with developing country partners and the international development community to stimulate economic growth and social progress in low- and middle-income countries around the world. Underscores commitment by SFD to helping stabilize Horn of Africa Djibouti city, Republic of Djibouti, November 30, 2019-(AETOSWire): The Saudi Fund for Development (SFD) recently signed an agreement for a grant package worth over USD $9 million to fund … Dr Ndindeng is the co-investigator for several research grants funded by different organisations such as the Islamic Development Bank, CGIAR Systems Organization, African Development Bank, World Bank/Federal government of Nigeria, Global Affairs Canada, German Technical Cooperation and International Foundation of Science. Social Development Bank. These centers and clinics have greatly improved health standards by making health care available to the general public. The OPEC Fund for International Development (OPEC Fund) is the intergovernmental development finance institution established in 1976 by the Member States of the Organization of the Petroleum Exporting Countries (OPEC).The OPEC Fund was conceived at the Conference of the Sovereigns and Heads of State of OPEC Member Countries, which was held in Algiers, Algeria, in March 1975. Saudi Arabia: 70,000 jobs to be created for young Saudis by 2030. The polytechnic, which opened in 2008, enables Saudi high school graduates to develop the technical and vocational skills critical to becoming certified oil field support services technicians. Our 12 Member Countries are: Algeria, Ecuador, Gabon, Indonesia, the Islamic Republic of Iran, Iraq, Kuwait, Libya, Nigeria, Saudi Arabia, the United Arab Emirates, and the Bolivarian Republic of Venezuela. WHAT WE DO Projects, publications, products and services, operational priorities, and development knowledge WHERE WE WORK Countries with operations and subregional programs, country planning documents Recently, two cardiology centers were opened in Riyadh and Jeddah exclusively for the treatment and research of heart diseases. They were placed on your computer when you launched this website. Within a relatively short period of time, once-endemic diseases such as malaria and smallpox were virtually eradicated, the infant mortality rate plummeted, and life expectancy rose sharply. The body of the text is provided on an “as is” and “as available” basis and has not been edited in any way. A plan to cover employees who suffer occupational hazards was instituted in 1982 and has since helped millions of workers. In the beginning, the emphasis was more on establishing the necessary infrastructure of hospitals, clinics, pharmacies, laboratories and research facilities. The government has also encouraged greater private sector involvement by offering long-term, interest-free loans for the establishment of hospitals, clinics and pharmacies. E&S Disclosure QualityScore measures and identifies risk in environmental and social areas of concern through thorough analysis of company disclosures. For example, the King Faisal Specialist Hospital and Research Center, which specializes in kidney and liver transplants, performs hundreds of operations annually, including bone marrow transplants. Cultural Development Fund to raise social welfare indices with Quality of Life programme The Saudi health care network provides free care to the general public and some of the most sophisticated specialized care available anywhere in the world. The Human Resources Development Fund (Hadaf) is a Saudi governmental authority that was established by a royal decree in July 2000. Saudi facilities also established working relationships with leading specialized hospitals around the world. The Development Director will have bottom-line profit and loss responsibility for a number of entertainment complex projects. © Copyright 2021 The Saudi Gazette. One area of particular note is the success in separating conjoined twins by medical teams at a number of National Guard hospitals. The rest are privately operated, but their functions and staff training are supervised and supported by the Ministry. The ministry also secured financing in the value of $2.5 billion from the Saudi Development Fund, the Kuwait Fund for the Arab Economic Development, and the Arab Fund for Economic and Social Development. Administered by the General Organization for Social Insurance (GOSI), key programs support … This commitment to the well-being of the community underlies the Kingdom’s social stability and is in line with Islamic principles. “The fund’s initiative is to achieve the aspirations of the wise leadership, and the objectives of the national strategy for culture emanating from the Kingdom’s Vision 2030 and the development of the culture sector by motivating agencies working in the cultural field to contribute and invest in it as one of the most important sectors supporting the nation’s economies.”. Saudi Arabian women, seeking a job, talk with a recruiter during a job fair in Riyadh January 25, 2012. These ongoing plans promote development in areas such as agriculture, commerce, industry, transportation, communication, education and health care. It has built a reputation as a leading medical and research center in the Middle East, and attracts patients from as far away as the Philippines, South Africa and the United Kingdom. Another major program provides social security pensions, benefits and relief assistance to the disabled, elderly, orphans and widows without income. Read the full explanation of the Gender Inequality Index (GII) View the GII Frequently asked questions HRDF is mainly concerned with providing financial support to organizations that train and qualify Saudis in the private sector. There are currently 18 such centers, operated or supervised by the Ministry of Health. The Vice Chairman of the Saudi Fund for Development, Dr. Khalid bin Sulaiman Al Khudairy (pictured left) and the Djibouti Minister of Economy and … Access the most comprehensive database of companies and officers in the Middle East and North Africa, covering all major sectors and industries, from Refinitiv. All Rights Reserved. We have played an important and ongoing role in helping found, organize, direct and fund the Saudi Petroleum Services Polytechnic in Dammam. The King Khalid Eye Specialist Hospital in Riyadh is one of the largest eye hospitals in the world. And the King Faisal Specialist Hospital and Research Center – along with similar facilities in the Kingdom – has recently been conducting pioneering research in the area of stem cell transplants. Non-profit organizations also help people with special needs. The kingdom's sovereign wealth fund, the Public Investment Fund (PIF), is the cornerstone investor in NEOM, a 26,500-square-km (10,230-square-mile) high-tech development … The Saudi Fund for Development (SFD) recently signed an agreement for a grant package worth over USD $9 million to fund the design and construction of a water distribution network, a judicial courthouse and infrastructure projects in Dijbouti, marking the latest in a series of the SFD’s development projects in the country. Access the most comprehensive database of companies and officers in the Middle East and North Africa, covering all major sectors and industries, from Refinitiv. One type of facility offers services for medical, physical and mental treatment and rehabilitation of patients. The Country Profile contains thousands of pages of information on every aspect of the Kingdom.. Close to 100 percent of all Saudi children are vaccinated against common diseases. The government has been active in both financing and constructing housing for low-income Saudis, public employees and students. Saudi Fund for Development on Social Infrastructure Projects in Djibouti. There are other cardiology hospitals in Jeddah, Makkah, Madinah and Dammam. Saudi hospitals have also been pioneers in other types of organ transplants. Health Mission: (202) 342-7393 It has departments in many medical fields, and performs both general and specialized surgical procedures. In 1970 there were 74 hospitals with just over 9,000 beds in Saudi Arabia. The Ministry of Health and other government agencies have established most of the health care facilities throughout the country. Fund NAV Currency YTD Return Date; Riyad Asian Equity Fund: 13,201,562.00: USD: 8.26 %: 19/01/2021: ALJazira Global Emerging Markets Fund: 19,206,619.00: USD: 7.55 % Details Start Service. Administered by the General Organization for Social Insurance (GOSI), key programs support workers or their families in cases of disability, retirement and death. Look for what interests you. The Red Sea Development Company (TRSDC), developer of The Red Sea Project, announced the approval of the project’s masterplan, designed by the US’s WATG, and Buro Happold from the UK, in January.. The fund has contributed financing to 3,750 projects in 71 countries, consisting of 41 African countries, 25 Asian countries, and five countries in other parts of the world. These are run by the Ministry of Social Affairs. This commitment to the well-being of the community underlies the Kingdom’s social stability and is in line with Islamic principles. The Kingdom’s health care system also benefited tremendously from the government’s five-year development plans, the first of which was launched in 1970. The purpose of the Saudi Fund is to establish links for financial cooperation with other developing countries, mainly by extending concessional loans for financing projects that contribute to the social and economic well-being of beneficiary countries. Saudi Fund for Development in Collaboration on Social Infrastructure Projects in Djibouti. Millions of people are using Linked In, Twitter, Instagram and Facebook but few are those who realize that not everyone is really harnessing the power of social … Saudi Social Development Bank's programs contributed to the backup and funding of as many as 85,000 productive families, with a total s READ MORE… The advertising sections enable advertisers to promote their products/services on the premier Saudi Arabian website. He is also an adviser to the PIF governor. As a result, medical facilities were set up throughout Saudi Arabia. We are not responsible for, and do not control, such external websites, entities, applications or media publishers. Provided by SyndiGate Media Inc. (Syndigate.info). 1 min read. MENA Company Data. In 1970, there were 74 hospitals with 9,039 beds; by 2005, there were 350 hospitals with nearly 48,000 beds. The Saudi Fund for Development (SFD) recently signed an agreement for a grant package worth over USD $9 million to fund the design and construction of a water distribution network, a judicial courthouse and infrastructure projects in Dijbouti, marking the latest in a series of the SFD’s development projects in the country. Arab Fund for Economic & Social Development. UNDP opened its representative office in Ulaanbaatar in 1973 after more than a decade of successful cooperation with Mongolia. Although all developing nations are eligible for assistance from the Saudi Fund, activities are concentrated primarily on the least development … Djibouti city, Republic of Djibouti.-Saturday 30 November 2019 [ AETOS Wire ] The Saudi Fund for Development (SFD) recently signed an agreement for a grant package worth over USD $9 million to fund the design … For example, the research center at King Saud University’s School of Pharmacology has developed promising new drugs, including one for diabetes. By Development Research Group, Finance and Private Sector Development Unit Submitted on: 12 Dec, 2012 Microdata Library, providing data on people living in developing countries, their institutions, their environment, their communities and the operation of their economies. Some government agencies, including the Ministries of Education and Defense, the National Guard and the Public Security Administration, have their own hospitals and clinics. Another aspect of Saudi Arabia’s social services network is providing housing for the country’s fast-growing, young population. The framework co-operation agreement was signed with Saudi’s Tourism Development Fund, FTG Development Company, Albilad Investment Company and Ekofine, Trade Arabia reports. This commitment to the well-being of the community underlies the Kingdom’s social stability and is in line with Islamic principles. Copyright © 2021 Zawya. In addition to dental clinics and specialized dental hospitals, over 150 mobile dental clinics serve residents of remote villages. There are now about 34,000 physicians in both government and private health sectors. Ammon News - The Arab Potash Company (APC) President and CEO Maen Nsour on Tuesday highlighted the role of the private sector in protecting the national security, as well as achieving economic and social development through boosting growth rates and reducing poverty. The Real Estate Development Fund was established in 1975 for this purpose. It has a mandate to … Email us at editorial.zawya@refinitiv.com, or send us your company press releases to pressrelease.zawya@refinitiv.com. The total loans disbursed by the Real Estate Development Fund since its inception until the end of 2006 amounted to SR 134.1 billion. Located in major urban areas, these facilities are accessible to all. 601 New Hampshire Avenue, NW Al-Zahrani noted the support of Minister of Culture Prince Badr Bin Abdullah Bin Farhan, and his specific attention to culture in all its diverse realms. All news about Saudi Arabia At a Glance 2021 Projected Real GDP (% Change) : -5.4 The Board of Governors of the Arab Fund selected Mr. Bader M. Alsaad as the new Director General and Chairman of the Board of Governors of the Arab Fund details... During a ceremony held in the Arab Fund’s main ballroom, the staff of the Arab Fund honored H.E. E&S Disclosure QualityScore allows investors to identify leaders and laggards in the industry. Saudi Arabia’s social services system aims to ensure every citizen a decent standard of living. Saudi Fund for Development on Social Infrastructure Projects in Djibouti. GENEVA (ILO News) – The ILO and the Saudi Ministry of Labour and Social Development will engage in a technical cooperation programme to support the Ministry in labour market analysis, policy and capacity development. The Real Estate Development Fund was established in 1975 for this purpose. The National Guard Health Affairs organization has gained an international reputation for the separation of conjoined twins. The Quality of Life program will consolidate the Kingdom’s position among the leading countries in the field of culture and arts worldwide: official. Disclaimer: The content of this article is syndicated or provided to this website from an external third party provider. Consulate/Visa Section: (202) 944-3126 The Saudi Fund has no geographical exclusion and it deals directly with governments in the developing world to finance projects. Like the centers and clinics, the hospitals and specialized facilities have also experienced a rapid growth. The Reference Tool on Inclusive Infrastructure … The Kingdom encouraged more Saudis to pursue careers in health care, and took steps to attract qualified medical personnel from abroad. Sophisticated surgical procedures such as open heart surgery and organ transplants are routinely performed in Saudi hospitals by medical professionals that meet the highest international standards. According to its website, TRSDC's board is chaired by HRH Mohammed bin Salman … Commercial Office: (202) 337-4088 Address The project aims to achieve the optimum utilisation of available water resources. The estimated cost of the project amounts to $1bln. SAMIRAD, the Saudi Arabian Market Information Resource. The Red Sea Development Company (TRSDC) has been incorporated as a closed joint stock company, wholly owned by Saudi Arabia’s Public Investment Fund (PIF). Moreover, increasing its share in ACWA Power came due to the importance of renewable energy in the agenda of the fund and the government in general. Saudi Arabia’s ratio of one hospital bed for just under 500 people is among the lowest in the world. Leaders of developing countries want to create a better quality of life for their people. Saudi Arabia Find tools, articles and resources related to Saudi Arabia's infrastructure market. 1 décembre 2019; The Saudi Fund for Development (SFD) recently signed an agreement for a grant package worth over USD $9 million to fund the design and construction of a water distribution network, a judicial courthouse and infrastructure projects in Dijbouti, marking the latest in a … By ojootaru on November 30, 2019 . One of King Abdulaziz’s first initiatives for his new state was to establish free health care, not just for citizens, but for the pilgrims who come to the Kingdom to visit the Islamic holy sites. ... Inclusive Infrastructure is infrastructure development that enhances positive outcomes in social inclusivity, and ensures that no individual, community or social group is left behind or prevented from benefiting from improved infrastructure. The number of nurses has increased to around 70,000, both male and female. By 2005, there were 350 hospitals with nearly 48,000 beds serving 22.7 million people. Saudi companies are also encouraged to manufacture pharmaceuticals. It also operates a strategically integrated global downstream business. Daily News Egypt - 11-Jun-2020 utilities Bahr El-Baqar drainage system secures $244mln from AFESD. Buisness Wire Sunday December 1, 2019 The Vice Chairman of the Saudi Fund for Development, Dr. Khalid bin Sulaiman Al Khudairy (pictured left) and the Djibouti Minister of Economy and Finance, Mr Elias Moussa Doula (right) sign a new grant agreement in the presence of the Prime Minister of Djibouti, Mr. Abdoulkader Kamil Mohamed (center back row) which will help finance …   They are moving away from their traditional economies that have relied on agriculture and the export of raw materials. The first four development plans (1970-1989) brought dramatic changes to the Saudi health care system. Image used for illustrative purpose. In March 2006, the King Abdulaziz Medical City in Riyadh successfully carried out its 11th such operation, the 14th in the Kingdom since 1990. 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