The Human Resources Development Fund (HRDF), commonly known as Hadaf , is a fund aimed at supporting efforts to qualify the national workforce and employ them in the private and non-profit sectors. It was established by a decision of the Council of Ministers on July 31, 2000. The fund's main headquarters is located in the capital, Riyadh. It has a board of directors overseeing its operations and is organizationally linked to the National Development Fund. The Human Resources Development Fu...
The Health Endowment Fund is a Saudi national fund that provides constant financial support against health crises and disasters. Its main concern is to involve the community in achieving sustainable health development. It is a financial endowment that invests contributors' funds in methods compliant with the Islamic Sharia under the supervision of the Sharia-based committee of the fund. Its investment returns are spent on health projects and programs that achieve its goals. The role of the...
The National Infrastructure Fund is a development fund that enables infrastructure projects and strengthens the development impact in vital sectors in the Kingdom of Saudi Arabia. It supports infrastructure projects worth around SAR200 billion and bodes financial and administrative independence. It is organizationally linked to the National Development Fund. Establishment of the National Infrastructure Fund On October 25, 2021, the National Development Fund announced the establishment of the Na...
The Events Investment Fund (EIF) is an investment fund for financing the events industry in the Kingdom of Saudi Arabia and building sites to host events in the cultural, entertainment, tourism, and sports sectors. Founded on October 20, 2019, the Events Investment Fund is organizationally linked to the National Development Fund. Events Investment Fund launch On January 17, 2023, Crown Prince and Prime Minister, His Royal Highness Prince Mohammed Bin Salman announced the launch of the Even...