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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 Bader M. Alsaad.
Founding Chairman is Saeb N. Jaroudi. Provided by Wikipedia
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