Beirut, Lebanon – May 6, 2025 – The Arab Fund for Economic and Social Development is set to conduct a two-day high-level mission to Lebanon from May 7 to 8, 2025, marking its first official visit to the country since March 2023.
The mission, headed by Mr. Bader Al-Saad, Director General and Chairman of the Board of the Arab Fund for Economic and Social Development,reflects a strategic push to reaffirm the Arab Fund’s role as a key development partner in Lebanon.
With a portfolio nearing $2 billion (KWD 569.2 million), the Arab Fund has invested in large-scale infrastructure, education, public services, and socio-economic projects to create lasting impact across the country. Among these notable projects are the Litani Water Conveyance Project, which supported the reclamation of 15,000 hectares of land, and the construction of Lebanon’s University Campus, which hosts 12 faculties and offers unique learning opportunities to thousands of students.
“At the Arab Fund, we stand ready to support Lebanon’s national priorities and fast-track impactful initiatives that can contribute to the country’s much-needed development and economic potential,” said Bader Alsaad, Director General and Chairman of the Board of the Arab Fund for Economic and Social Development.
The visit takes place at a critical juncture for Lebanon, as the country reclaims international attention in the wake of its recent presidential elections and ambitious plans towards economic recovery. It marks a renewed chapter in a longstanding partnership and regional solidarity.
By engaging in high-level meetings, the Arab Fund seeks to align with emerging national priorities and unlock new avenues for public and private sector investments. To date, the Arab Fund has extended 29 loans totaled KWD 549.5 million to the Lebanese Republic to finance major development projects across economic and social sectors and provided 54 grants totaling approximately KWD 19.9 million. These grants covered technical assistance, feasibility studies, emergency relief, and institutional capacity-building.
About the Arab Fund:
The Arab Fund for Economic and Social Development is a regional financial institution based in Kuwait, established in 1968 to support the economic and social development of Arab countries. Through loans, grants, and technical assistance, the Arab Fund finances infrastructure, education, health, water and sanitation and public service projects that contribute to sustainable development and regional cooperation across the Arab world.