Arab Fund for Economic and Social Development
Waleed Albahar currently serves as the Acting Director General of the Kuwait Fund for Economic Development and holds the position of Deputy Director General for Operations. In addition to these roles, Waleed Albahar is a Board Member at the Kuwait Fund for Arab Economic Development and acts as the Governor and Alternate Governor of the State of Kuwait for various international financial institutions, including The OPEC Fund for International Development, The World Bank, the International Fund for Agricultural Development, and the African Development Bank Group. Since 2022, Waleed Albahar has been a member of the Foreign Aid Committee at the Kuwait Ministry of Finance. Previous involvement includes representations in key committees at the Islamic Development Bank and membership on the Board of Trustees at the Arab Planning Institute.
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Arab Fund for Economic and Social Development
The Arab Fund for Economic and Social Development (the Arab Fund), based in the State of Kuwait, is an Arab regional financial institution focused on funding economic and social development by financing public and private investment projects and providing grants and expertise. The Arab Fund's activities are characterized by a number of important aspects that make it a model of cooperation and Arab economic integration, and a reflection of outstanding joint Arab action.