Riyadh, October 4, 2021
The Saud Fund for Development (SFD)’s CEO, Sultan Abdulrahman Al-Marshad, today received at his office in Riyadh the Kingdom’s newly appointed Ambassador to Islamic Republic of Mauritania, Mohammed bin Ayed Al-Balawi, on the occasion of his appointment. The two parties discussed the SFD’s contributions to develop several projects in Mauritania.
Saudi Arabia, through SFD, provided 10 grants to implement projects in the health, infrastructure, education and water sectors in Mauritania. Since its inception, SFD provided 18 loans to complete 16 projects in the countries.