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The Saudi Fund for Development (SFD) was established as a governmental institution to provide support in the form of soft loans to finance development projects in developing countries. As a member of the international development community, SFD has been supporting least developed countries (LDCs) in overcoming the difficulties and challenges that they are facing by financing impactful and critical projects and programs. Such projects contribute to the economic and social growth in those countries and improve the standard of living for their people.

Through the unlimited support of the Government of the Kingdom of Saudi Arabia, SFD manages generous grants dedicated to supporting and financing various development projects and programs in least developed countries across the world.