Saudi Fund for Development (SFD)
Saudi Fund for Development (SFD) is a foundation that is part of the pulse of the water sector. Here we bring together everything it publishes on Smart Water Magazine: its news, its blogs and the events it takes part in.
SFD commits over $160 million to water and energy projects in Mauritania
The Saudi Fund for Development (SFD) marked the groundbreaking of the Kiffa Potable Water Supply Project during an official engagement in the Islamic Republic of Mauritania, attended by H.E. the President of the Islamic Republic of Mauritania, Mohamed Ould Cheikh Ghazouani, and H.E. Sultan bin Abdulrahman Al-Marshad, Chief Executive Officer of the Saudi Fund for […]
Saudi Fund for Development partners with the Global Water Organization
On October 7,2024, the CEO of the Saudi Fund for Development (SFD), Mr. Sultan bin Abdulrahman Al-Marshad, signed a memorandum of cooperation with Dr. Fahad bin Saad Abu Mouti, the Head of the Founding Team of the Global Water Organization. This memorandum aims to establish a general framework for international development cooperation and to leverage […]
Saudi Fund for Development provides $100M development loan for the Rogun Hydropower project
The Saudi Fund for Development (SFD) Chief Executive Officer, H.E. Sultan Al-Marshad, signed a new development loan agreement with the Minister of Finance of the Republic of Tajikistan, H.E. Kahhorzoda Fayziddin Sattor, through which SFD is contributing $100 million USD to fund the Rogun Hydropower Project, a landmark initiative that will enhance energy, food, and […]
Saudi Fund for Development signs $100M loan agreement to support the water sector in Argentina
The Saudi Fund for Development (SFD) Chief Executive Officer, H.E. Sultan Al-Marshad, signed a new development loan agreement marking the Fund’s first presence in the country, worth USD $100 million with the Province Governor of Córdoba, H.E. Juan Schiaretti and the Province Governor of Santa Fe, H.E. Omar Perotti, to help fund the Interprovincial Aqueduct Santa Fe […]
Saudi Fund for Development contributes $240 million to support Pakistan’s hydropower project
The Saudi Fund for Development (SFD) has signed a US$240 million loan agreement to support Pakistan's Mohmand Multipurpose Dam Project, a major hydropower complex that will contribute to Pakistan’s energy security, increase sustainable water supply for agriculture and human consumption and improve resilience to floods. The agreement was signed by the SFD CEO, Mr. Sultan […]
Saudi fund finances $40 million water treatment plant in Cuba
The Saudi Fund for Development (SFD) has inaugurated a project to develop Camaguey’s water treatment plant in the city of Camagüey, Republic of Cuba. Financed by the SFD with a contribution of $40 million, the project will develop and replace existing systems to provide clean, safe water for more than 300,000 residents of Camagüey and neighboring […]