Quotes: MENA   Enter Symbol: NewsLetter: Search: advanced

OFID Ministerial Council holds meeting in Doha  Join our daily free Newsletter

MENAFN - Khaleej Times - 14/06/2014
No. of Ratings : 0
Add to Mixx!


(MENAFN - Khaleej Times) The opec fund for international development?s (ofid) highest policy-making body the ministerial council on friday convened its 35th session in doha to review performance and set policy for the vienna austria-based institution for the coming year.

the council re-elected qatar represented by ali shareef al emadi minister of economy and finance as chair. algeria represented by mohamed djellab minister of finance was elected as vice-chair.

the highlight of the meeting was the formal readmission of the republic of ecuador to the institution after a break of almost 21 years. the latin american country suspended its membership in december 1992. its rejoining restores the number of ofid member countries to 13. announcing ecuador’s readmission al emadi said that the ofid welcomed its return that “exemplifies ecuador’s strong commitment towards development and support of south-south cooperation in the belief that the ofid is the strongest channel for this support.”

ecuador was represented at the meeting by daniel esteban torres leon national director of the rest of the public sector ministry of finance who delivered a statement on behalf of the minister of finance fausto herrera.

in further remarks to the council al emadi paid tribute to the ofid’s recent accomplishments.

“the past years have proved that th ofid’s efforts through all its financing facilities are working in complete synergy to serve its noble objective and our ministerial council stands ready to fully support this stride” he said. reporting to the council on the work of the governing board in 2013 board chairman abdul wahab ahmed al bader of kuwait revealed that a record 1.5 billion had been approved in fresh financing for development. disbursements had also climbed to an unprecedented high exceeding 1.1 billion.

in his own statement to the council ofid director-general suleiman al herbish highlighted the ofid’s rising influence in the global development arena. he noted that the ofid was positioned as the “strategic hub” of two important international initiatives: sustainable energy for all and the global partnership for effective development cooperation.

“the ofid is not merely implementing the global development agenda but shaping it as well.”

the director-general pointed out the increased responsibility attached to ofid’s enhanced stature especially with regard to the post-2015 development goals. ofid he said would be involved in defining “the what and the how” of the new agenda. “we believe we are well placed to play our part and we count on the continued trust and support of member countries to make this possible” he stressed.


 


Khaleej Times




  MENA News Headlines
 Feb 27 2017 - Jordan- Warmer weather forecast over next two daysJordan News Agency
(MENAFN - Jordan News Agency) Amman, Feb.26 (Petra) -- Sunny and pleasant conditions are forecast to prevail Sunday and Monday across the Kingdom, with temperatures surging above 20s in most regions, ...

 Feb 27 2017 - Planning minister urges Canadians to invest in JordanJordan News Agency
(MENAFN - Jordan News Agency) Amman, Feb. 26 (Petra)--Minister of Planning and International Cooperation Imad Fakhoury urged Canadian companies as well as the Canadian private sector to take part in ...

 Feb 27 2017 - Jordan takes part in agricultural conference in SudanJordan News Agency
(MENAFN - Jordan News Agency) Amman, Feb. 26 (Petra)--Agriculture Minister Khaled Hneifat will take part in the Third Arab Conference for Investment that will be held in Sudan during February ...

 Feb 27 2017 - Jordan participates in Mobile World Congress 2017Jordan News Agency
(MENAFN - Jordan News Agency) Barcelona, Feb. 26 (Petra) -- Jordan will take part in the 2017 Mobile World Congress which will kick off tomorrow in Barcelona, Spain. Jordan's pavilion at the ...

 Feb 27 2017 - Jordan- Army chief meets US military officialJordan News Agency
(MENAFN - Jordan News Agency) Amman, Feb. 26 (Petra)--Chairman of the Joint Chiefs of Staff Lt. General Mahmoud Abdul Halim Freihat on Sunday, received commander of US Marine Corps Forces Central ...

 Feb 27 2017 - Jordan- Democrats Elect Thomas Perez as Party ChairmanJordan News Agency
(MENAFN - Jordan News Agency) Washington, Feb. 26 (Petra)- Former US Labor Secretary Thomas E. Perez was elected chairman of the Democratic National Committee, narrowly defeating Representative Keith ...

 Feb 27 2017 - Jordan- Sudanese over 50 can obtain medical treatment visas, MinisterJordan News Agency
(MENAFN - Jordan News Agency) Amman, Feb 26 (Petra) –– Sudanese nationals over the age of 50 can obtain medical treatment visas at border posts along with a maximum of two companions each, under the ...

 Feb 27 2017 - Jordan- Air Canada slides off Pearson runway in heavy rainJordan News Agency
(MENAFN - Jordan News Agency) Ottawa, Feb. 26 (Petra)- The Transportation Safety Board is investigating after an Air Canada plane briefly left the runway while landing at Toronto Pearson Airport. ...

 Feb 27 2017 - Jordan- Yahoo slashes price of Verizon deal $350m after data breachesJordan Times
(MENAFN - Jordan Times) NEW YORK — Yahoo slashed the price of the sale of its core Internet business to Verizon by $350 million following a pair of major data breaches at Yahoo, the two companies ...

 Feb 27 2017 - Jordan- Cavs' LeBron James not fretting about loss of Kevin LoveJordan Times
(MENAFN - Jordan Times) Love will miss six weeks after having arthroscopic surgery on his left knee on Tuesday and while his injury will not sink the Cavaliers it could cost them the Eastern ...

more...


 





Google

 
 

Middle East North Africa - Financial Network

MENAFN News Market Data Countries Tools Section  
 

Middle East North Africa - Financial Network
Arabic MENAFN

Main News
News By Industry
News By Country

Search News
Market Indices
Quotes & Charts

Global Indices
Arab Indices

Commodoties

Oil & Energy

Currencies Cross Rates
Currencies Updates
Currency Converter

USA Stocks
Arab Stocks
 

Algeria 
Bahrain 
Egypt 
Iraq
Jordan 
Kuwait 
Lebanon
Morocco 
Oman 
Palestine
Qatar 
Saudi Arabia 
Syria
Tunisia 
UAE 
Yemen

Weather
Economic Calendar
Financial Glossary


Financial Calculators

RSS Feeds [XML]

Corporate Monitor

Events

Real Estate
Submit Your Property

Arab Research
Buy a Research

Press Releases
Submit your PR

Join Newsletters


 
© 2014 menafn.com All Rights Reserved.  Terms of Service | Privacy Policy | Contact Us | Advertise | About MENAFN | Career Opportunities | Feedback | Help