EENI Global Business School

OPEC Fund for International Development


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Support to developing economies and boost South-South solidarity

  1. Introduction to the Fund for International Development of the Organization of Petroleum Exporting Countries (OPEC)
  2. Funds to boost South-South solidarity and developing economies promotion

OPEC Fund for International Development (OFID)
OPEC Fund for International Development

Online Arab Student, Master International Business

The Subject “OPEC Fund for International Development (OFID)” belongs to the following Programs taught by EENI Global Business School:

Course: Islam & Business.

Islam and Global Business. Islamic Economic Areas

Masters: International Business, Foreign Trade.

Masters in International Business and Foreign Trade (MIB)

Doctorate: World Trade, Ethics, Religion & Business.

Doctorate in International Business (DIB) Online

Languages: Masters, Doctorate, International Business, English (Study Doctorate in International Business in French Fonds OPEP pour le développement international Study Master Doctorate in International Business in Spanish Fondo OPEP para el desarrollo internacional Masters Foreign Trade in Portuguese Fundo OPEP para o Desenvolvimento).

Arab Development Funds.

Islamic Organizations. Arab League

OPEC Fund for International Development.

Financial institution: OPEC Fund for International Development (OFID).

  1. Creation of the OPEC Fund for International Development: 1976 by the Organization of the Petroleum Exporting Countries (OPEC)
  2. Resources: voluntary contributions
  3. The main objectives of the OPEC Fund for International Development are to support the developing economies and boosting the South-South solidarity
  4. Financing for social services (Education, healthcare), infrastructure, foreign trade, and productivity
  5. The OPEC Fund for International Development has financed projects in 134 countries
  6. Low-interest loans
  7. Private sector financing
  8. Technical assistance
  9. The OPEC Fund for International Development (OFID) is a Muslim fund of the Islamic Civilization

The OPEC Fund for International Development member countries are:

  1. Africa: Algeria, Gabon, Libya, and Nigeria
  2. Middle East and Asia: Indonesia, the Islamic Republic of Iran, Iraq, Kuwait, Qatar, Saudi Arabia, and the Emirates
  3. America: Ecuador and Venezuela

Arab Development Funds.

  1. Arab Bank for Africa (BADEA)
  2. Arab Fund for Economic and Social Development
  3. Arab Monetary Fund
  4. Arab Trade Financing Programme
  5. Arab Gulf Programme
  6. Islamic Development Bank
  7. Abu Dhabi Fund for Development
  8. Kuwait Fund for Arab Economic Development
  9. Saudi Fund for Development



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