Prince Talal bin Abdulaziz Al Saud, President of the Arab Gulf Program for Development (AGFUND), announced today that his organization has selected Montevideo, capital of Uruguay, as venue for holding AGFUND's International Prize giving away ceremony on 27 November 2013. In a press release, AGFUND said in addition to giving away the prizes for the year 2013, topics for the 2014 prize will also be announced in a meeting in Montevideo on November 17 by the prize's panel.