Arab Fund for Economic and Social Development

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Arab Fund for Economic and Social Development
AFESD emblem
Emblem
Map indicating members of the Arab League.
Map indicating members of the Arab League.
Headquarters  Kuwait
Official languages Arabic
Type Development finance institution of the Arab League
Membership
Leaders
 -  Chairman Abdulatif Y. Al-Hamad
Establishment
 -  Agreement 16 May 1968 
 -  First meeting 6 February 1972 

The Arab Fund for Economic and Social Development (AFESD) is a Kuwait-based pan-Arab development finance institution. All member-states of the Arab League are members of the AFESD. As of 2003, it held around US$7.3 billion in assets.

The AFESD was established by agreement of the Economic and Social Council of the Arab League. Its first meeting was held on 6 February 1972.

The current Chairman is Abdulatif Y Al-Hamad.

Former Chairman is Mohammed Al Emadi.

Founding Chairman is Saeb N. Jaroudi.

References[edit]

  1. ^ "Member states". Arab Fund for Economic and Social Development. Retrieved 2010-08-11. 

External links[edit]

See also[edit]