In a ceremony reflecting the deepening ties between the Maldives and Saudi Arabia, President Dr. Mohamed Muizzu awarded the prestigious Order of the Dignified Rule of the Muleege Dynasty (O.D.R.M.D) to His Excellency Sultan bin Abdulrahman Al-Marshad, Chief Executive Officer of the Saudi Fund for Development (SFD), at the President’s Office this morning.
This distinguished honor, commemorating the legacy of Al-Sultan Muhammed Shamsuddin, was conferred upon Al-Marshad in recognition of his instrumental role in advancing the Maldives’ development through the SFD’s generous support. Under his leadership, the SFD has significantly contributed to the nation’s progress, notably through substantial investments in infrastructure and public services.
— The President's Office (@presidencymv) April 14, 2025
The SFD’s commitment to the Maldives is evident in its financing of key projects, including an $80 million loan for the Hulhumale Island Development, a $100 million contribution towards the expansion of Velana International Airport, and a $50 million investment in the Health Sector Development project.
President Muizzu expressed his gratitude for the SFD’s unwavering support, emphasizing the mutual respect and shared vision that underpin the Maldives-Saudi Arabia relationship. He reaffirmed his commitment to strengthening this partnership, highlighting the positive impact of Saudi assistance on the Maldivian people’s welfare and the nation’s economic growth.
The ceremony was attended by senior officials from both nations, symbolizing the enduring friendship and collaborative spirit that continue to drive the Maldives and Saudi Arabia towards a prosperous future.
