Arab Fund For Economic And Social Development
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Arab Fund For Economic And Social Development
The Arab Fund for Economic and Social Development (AFESD) is a Kuwait-based pan-Arab development finance institution. All member-states of the Arab League are members of the AFESD. As of 2003, it held around US$7.3 billion in assets. The AFESD was established by agreement of the Economic and Social Council of the Arab League. Its first meeting was held on 6 February 1972. The current Chairman is Abdulatif Y Al-Hamad. Former Chairman is Mohammed Al Emadi. Founding Chairman is Saeb N. Jaroudi. See also *Arab Monetary Fund *Council of Arab Economic Unity The Council of Arab Economic Unity (CAEU) (Arabic: ) was founded by Egypt, Iraq, Jordan, Kuwait, Libya, Mauritania, Palestine, Saudi Arabia, Sudan, Tunisia, Syria, United Arab Emirates and Yemen on May 30, 1964, following an agreement in 1957 by ... * Economic and Social Council (Arab League) References External linksArab Fund for Economic and Social Development
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Arab League
The Arab League ( ar, الجامعة العربية, ' ), formally the League of Arab States ( ar, جامعة الدول العربية, '), is a regional organization in the Arab world, which is located in Northern Africa, Western Africa, Eastern Africa, and Western Asia. The Arab League was formed in Cairo on 22 March 1945, initially with six members: Egypt, Iraq, Transjordan (renamed Jordan in 1949), Lebanon, Saudi Arabia, and Syria. Yemen joined as a member on 5 May 1945. Currently, the League has 22 members, but Syria's participation has been suspended since November 2011. The League's main goal is to "draw closer the relations between member states and co-ordinate collaboration between them, to safeguard their independence and sovereignty, and to consider in a general way the affairs and interests of the Arab countries". The organization has received a relatively low level of cooperation throughout its history. Through institutions, notably the Arab League Education ...
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Development Finance Institution
A development financial institution (DFI), also known as a development bank or development finance company (DFC), is a financial institution that provides risk capital for economic development projects on a non-commercial basis. , total commitments (as loans, equity, guarantees and debt securities) of the major regional, multilateral and bilateral DFIs totaled US$45 billion (US$21.3 billion of which went to support the private sector). Mandate DFIs can play a crucial role in financing private and public sector investments in developing countries, in the form of higher risk loans, equity positions, and guarantees.Dirk Willem te Velde and Michael Warner (2007Use of subsidies by Development Finance Institutions in the infrastructure sector Overseas Development Institute DFIs often provide finance to the private sector for investments that promote development and to help companies to invest, especially in countries with various restrictions on the market. Some development banks i ...
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Institutions Of The Arab League
The institutions of the Arab League are the permanent and non-permanent decision-making and advisory institutions created by the Charter of the Arab League and other agreements since the Arab League's establishment in 1945. Principal institutions *Council of the Arab League * Joint Defence and Economic Co-operation Treaty (1950):Oron 1960: 123 :* Economic and Social Council of the Arab League :* Joint Defence Council of the Arab League Other important bodies are the Refugee Office, the Boycott of Israel Office, the Anti-Narcotic Office, and the Information Offices. Ministerial councils * Council of Arab Ministries of Foreign Affairs * Council of Arab Ministries of Information * Council of Arab Ministries of Internal Affairs * Council of Arab Ministries of Justice * Council of Arab Ministries of Infrastructure * Council of Arab Ministries of Transportation * Council of Arab Ministries of Environment * Council of Arab Ministries of Communications * Council of Arab Ministries of E ...
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Arabic Language
Arabic (, ' ; , ' or ) is a Semitic language spoken primarily across the Arab world.Semitic languages: an international handbook / edited by Stefan Weninger; in collaboration with Geoffrey Khan, Michael P. Streck, Janet C. E.Watson; Walter de Gruyter GmbH & Co. KG, Berlin/Boston, 2011. Having emerged in the 1st century, it is named after the Arab people; the term "Arab" was initially used to describe those living in the Arabian Peninsula, as perceived by geographers from ancient Greece. Since the 7th century, Arabic has been characterized by diglossia, with an opposition between a standard prestige language—i.e., Literary Arabic: Modern Standard Arabic (MSA) or Classical Arabic—and diverse vernacular varieties, which serve as mother tongues. Colloquial dialects vary significantly from MSA, impeding mutual intelligibility. MSA is only acquired through formal education and is not spoken natively. It is the language of literature, official documents, and formal wr ...
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Kuwait
Kuwait (; ar, الكويت ', or ), officially the State of Kuwait ( ar, دولة الكويت '), is a country in Western Asia. It is situated in the northern edge of Eastern Arabia at the tip of the Persian Gulf, bordering Iraq to the north and Saudi Arabia to the south. Kuwait also shares maritime borders with Iran. Kuwait has a coastal length of approximately . Most of the country's population reside in the urban agglomeration of the capital city Kuwait City. , Kuwait has a population of 4.45 million people of which 1.45 million are Kuwaiti citizens while the remaining 3.00 million are foreign nationals from over 100 countries. Historically, most of present-day Kuwait was part of ancient Mesopotamia. Pre-oil Kuwait was a strategic trade port between Mesopotamia, Persia and India. Oil reserves were discovered in commercial quantities in 1938. In 1946, crude oil was exported for the first time. From 1946 to 1982, the country underwent large-scale modernization, largely b ...
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Pan-Arabism
Pan-Arabism ( ar, الوحدة العربية or ) is an ideology that espouses the unification of the countries of North Africa and Western Asia from the Atlantic Ocean to the Arabian Sea, which is referred to as the Arab world. It is closely connected to Arab nationalism, which asserts the view that the Arabs constitute a single nation. Its popularity reached its height during the 1950s and 1960s. Advocates of pan-Arabism have often espoused socialist principles and strongly opposed Western political involvement in the Arab world. It also sought to empower Arab states against outside forces by forming alliances and, to a lesser extent, economic co-operation. Origins and development The origins of pan-Arabism are often attributed to Jurji Zaydan (1861–1914) and his Nahda (Revival) movement. He was one of the first intellectuals to espouse pan-Arabism as a cultural nationalist force. Zaydan had critical influence on acceptance of a modernized version of the Quranic Arabic ...
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Development Finance Institution
A development financial institution (DFI), also known as a development bank or development finance company (DFC), is a financial institution that provides risk capital for economic development projects on a non-commercial basis. , total commitments (as loans, equity, guarantees and debt securities) of the major regional, multilateral and bilateral DFIs totaled US$45 billion (US$21.3 billion of which went to support the private sector). Mandate DFIs can play a crucial role in financing private and public sector investments in developing countries, in the form of higher risk loans, equity positions, and guarantees.Dirk Willem te Velde and Michael Warner (2007Use of subsidies by Development Finance Institutions in the infrastructure sector Overseas Development Institute DFIs often provide finance to the private sector for investments that promote development and to help companies to invest, especially in countries with various restrictions on the market. Some development banks i ...
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Economic And Social Council (Arab League)
The Economic and Social Council of the Arab League (ESC; ar, , DIN: , originally the Economic Council) is an institution of the Arab League that co-ordinates its economic integration.Osmańczyk 2003: 1290 The ESC was established as the ''Economic Council'' under the terms of the Joint Defence and Economic Co-operation Treaty (1950). and held its first meeting in 1953. In 1957, the ESC established the Council of Arab Economic Unity (CAEU) and, in February 1997, the ESC adopted the ''Agreement to Facilitate and Develop Trade Among Arab Countries'' (1981) in pursuit of the Greater Arab Free Trade Area (GAFTA). History The establishment of the ''Economic Council'' of the Arab League under the terms of the Joint Defence and Economic Co-operation Treaty (1950) was the fulfilment of the promise made in articles II and IV of the Arab League's Charter (1945), which required the establishment of a council to co-ordinate close co-operation of member-states in economic affairs. The '' ...
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Abdulatif Y Al-Hamad
Abdul Latif ( ar, عبد اللطيف, translit=ʻAbd al-Laṭīf) is a Muslim male given name and, in modern usage, surname. It is built from the Arabic words ''Abd (Arabic), ʻabd'' and ''al-Laṭīf'', one of the names of God in the Qur'an, which gave rise to the List of Arabic theophoric names, Muslim theophoric names. It means "servant of the All-gentle". The letter ''a'' of the ''al-'' is unstressed, and can be transliterated by almost any vowel, often by ''e''. So the first part can appear as Abdel, Abdul or Abd-al. The second part may appear as Latif, Lateef or in other ways. The whole name is subject to variable spacing and hyphenation. The surname is used by Muslims and also by Orthodox Christians in Syria and Lebanon. It may refer to: People Given name *Abd al-Latif al-Baghdadi (medieval writer) (1162–1231), Iraqi physician, historian, Egyptologist and traveller *Abd al-Latif ibn Muhammad Taraghay Ulughbek (ca. 1420–1450), Timurid ruler of Transoxiana *Ghabdel ...
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Mohammed Al Emadi
Muhammad ( ar, مُحَمَّد;  570 – 8 June 632 CE) was an Arab religious, social, and political leader and the founder of Islam. According to Islamic doctrine, he was a prophet divinely inspired to preach and confirm the monotheistic teachings of Adam, Abraham, Moses, Jesus, and other prophets. He is believed to be the Seal of the Prophets within Islam. Muhammad united Arabia into a single Muslim polity, with the Quran as well as his teachings and practices forming the basis of Islamic religious belief. Muhammad was born approximately 570CE in Mecca. He was the son of Abdullah ibn Abd al-Muttalib and Amina bint Wahb. His father Abdullah was the son of Quraysh tribal leader Abd al-Muttalib ibn Hashim, and he died a few months before Muhammad's birth. His mother Amina died when he was six, leaving Muhammad an orphan. He was raised under the care of his grandfather, Abd al-Muttalib, and paternal uncle, Abu Talib. In later years, he would periodically seclude hims ...
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Saeb N
Saeb or SAEB may refer to: Saeb Saeb, Saib, is an Arabic male name. The following individuals are named "Saeb": * Saeb Tabrizi or Saib Tabrizi, Medieval Persian poet * Saeb Erekat, Palestinian official * Saeb N. Jaroudi, Lebanese official * Saeb Jendeya, Palestinian footballer *Saeb Salam Saeb Salam (17 January 1905 – 21 January 2000) ( ar, صائب سلام) was a Lebanese politician, who served as Prime Minister six times between 1952 and 1973. Following his death, the Lebanese daily ''As-Safir'' described Salam as "most ..., former Lebanese Prime Minister * Saeb Shawkat, Iraqi surgeon SAEB * BCS Professional Certification, formerly known as the Systems Analysis Examination Board {{Given name ...
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Arab Monetary Fund
The Arab Monetary Fund (AMF) is a regional Arab organization, a working sub-organization of the Arab League. It was founded 1976, and has been operational since 1977. History The first president and director of the Arab Monetary Fund, from 1977 to 1982, was Dr. Jawad Hashim. In 1982, the Arab Monetary Fund funded and supervised the launch of Investcorp. Nemir Kirdar was transferred from Chase, where he advised the AMF, to Abu Dhabi to develop the new fund. Omar Aggad was the first investor in this fund. Still in 1982, the AMF inaugurated the Arab Monetary Fund building in Abu Dhabi. In 1988, the AMF initiated civil actions against its former president Jawad Hashim to recover funds he embezzled (estimated $50 million) during his tenure. A 20-year long legal feud between the AMF and Jawad Hashim followed. In 1992, the AMF published its yearly Arab Economic Report in which the institution revealed that Arab countries had lost a total of $620 billion during the invasion of K ...
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