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Abu Dhabi:11 Mar 2024

Abu Dhabi Fund for Development (ADFD) has inaugurated a veterinary educational hospital at Jordan University of Science and Technology. This 7,000 square-meter facility is the first of its kind in Jordan, which is also the biggest in the region, aimed at keeping pace with global developments in veterinary medicine, enhancing educational standards, and promoting public awareness about veterinary ca...

Abu Dhabi:06 Mar 2024

The Abu Dhabi Exports Office (ADEX), the export-financing arm of Abu Dhabi Fund for Development (ADFD), participated in the TXF MENA conference marking the third consecutive year of its engagement with the event. The conference which took place in Dubai on March 5-6 brought together industry leaders and experts to discuss the current economic dynamics and provided a platform for participants to ex...

Abu Dhabi:22 Feb 2024

The Abu Dhabi Exports Office (ADEX), an export-financing arm of Abu Dhabi Fund for Development (ADFD), has debuted at the GTR MENA conference as one of its main sponsors. The event, now in its 24th edition, was held in Dubai on February 20 and 21. The long presence of the event in the region highlights the conference’s value as a platform for building connections, exchanging insights, and engaging...

Abu Dhabi:14 Feb 2024

Abu Dhabi Fund for Development (ADFD) participated in the World Government Summit in Dubai as a strategic partner. The three-day event, which took place from February 12 to 14 under the theme of “Shaping Future Governments”, served as a global platform uniting government leaders, thinkers, experts, and decision-makers to exchange insights, anticipate the future, and leverage innovation and technol...

Abu Dhabi:12 Feb 2024

Abu Dhabi Exports Office (ADEX), the export financing arm of Abu Dhabi Fund for Development (ADFD), and its strategic partners in the banking field Mashreq and Abu Dhabi Commercial Bank (ADCB), have signed a financing facility with the global energy and commodities trading company BGN. The strategic collaboration sets the stage for a financing arrangement, offering up to US$100 million to facilita...

Abu Dhabi:27 Dec 2023

Abu Dhabi Fund for Development (ADFD) participated in the inauguration ceremony at the fishing port of Tanit in Mauritania of an ice factory that would enhance the port’s efficiency. The Fund also supervised the project, carried out for AED24 million (US$6.5 million) by the Emirati company Talc Investment, which is keen to invest in Africa and Latin America. The project was inaugurated by His Ex...

Abu Dhabi:05 Dec 2023

The Arab Coordination Group (ACG), a strategic alliance comprising regional and international development institutions, announced at COP28 an allocation of US$10 billion until 2030. This funding is meant to drive a comprehensive and affordable transition to renewable energy in developing countries. The commitment is an integral part of a strategic plan encompassing seven key points designed to exp...

Abu Dhabi:04 Dec 2023

Abu Dhabi Fund for Development (ADFD) hosted the meeting at the level of directors of operations of the member institutions of the Arab Coordination Group of national and regional development institutions, which coincided with the commencement of the United Nations Climate Change Conference, COP28, in the UAE. The objective of the meeting was to explore climate solutions. The meeting was convened...

Abu Dhabi:01 Dec 2023

Abu Dhabi Fund for Development (ADFD) commemorated the 52nd Union Day of the UAE with a celebration attended by His Excellency Mohamed Saif Al Suwaidi, Director General of the Fund; His Excellency Khalifa Abdullah Al Qubaisi, Deputy Director General; department directors, and employees. The event featured various segments inspired by authentic Emirati heritage. It started with the national anthem...

Abu Dhabi:22 Nov 2023

Abu Dhabi Fund for Development (ADFD) financed a solar energy project in Somalia which was inaugurated recently. With a production capacity of 3.5 megawatts, the project aims to meet the electricity needs of Bosaso, the commercial capital of the state of Puntland. Besides supporting Puntland’s energy sector, the solar plant will also address the challenges of climate change, reduce electricity pr...

Abu Dhabi:17 Nov 2023

Abu Dhabi Chamber honored today Abu Dhabi Exports Office (ADEX), in appreciation of its pioneering efforts and effective role in supporting Emirati companies and enabling them to expand the scope of their business so that their exports reach global markets. The award ceremony was attended by Mr. Khalil Al Mansoori, the Acting Director General of Abu Dhabi Exports Office (ADEX); organized by Abu Dh...

Abu Dhabi:13 Nov 2023

Abu Dhabi Fund for Development (ADFD) participated in the Arab Climate Forum, held in the UAE under the slogan “Sustainable Agriculture and Food Security: Together to Achieve Resilience and Social Development for Small Farmers”. The sessions revolved around topics such as the impact of climate change on development plans and the negative effects on water and agriculture due to ecosystem deterior...

Abu Dhabi:23 Oct 2023

Abu Dhabi Fund for Development (ADFD) participated in the inauguration ceremony of the Gudule General Hospital in Juba, South Sudan. The AED36.73 million (US$10 million) project was funded by ADFD from a UAE development grant. This initiative aims to support and enhance the healthcare sector in South Sudan by establishing a 60-bed hospital containing modern equipment to meet the needs of the c...

Abu Dhabi:11 Oct 2023

The Early Childhood Development Centers (ECDC) project in Colombia, supported by an allocation of US$10.5 million from the Abu Dhabi Fund for Development (ADFD), stands as a testament to the UAE's commitment to the Sustainable Development Goals (SDGs). This initiative has led to remarkable advancements in primary education and health infrastructure, fostering a transformative impact on communities...

Abu Dhabi:04 Oct 2023

A high-level delegation representing Abu Dhabi Fund for Development (ADFD) and the Abu Dhabi Exports Office (ADEX) recently visited NAFFCO, a global leader in fire safety solutions. The purpose of this visit was to strengthen collaboration between the organizations and to introduce ADFD and ADEX’s financial services to NAFFCO. The goal is to boost national exports and facilitate access for Emirati...

Abu Dhabi:26 Sep 2023

The UAE participated in the eighth annual meeting of the Board of Governors of the Asian Infrastructure Investment Bank (AIIB), held on September 25 and 26 in Sharm El Sheikh, Egypt, under the theme “Sustainable Development in the Face of Global Challenges”. The UAE was represented by His Excellency Mohamed Saif Al Suwaidi, Director-General of Abu Dhabi Development Fund for Development (ADFD) and ...

Abu Dhabi:20 Sep 2023

His Excellency Mohamed Saif Al Suwaidi, Director General of Abu Dhabi Fund for Development (ADFD) and the UAE’s Alternate Governor on the Board of Governors of the Asian Infrastructure Investment Bank (AIIB), along with Luky Eko Wuryanto, Vice President and Chief Administration Officer of AIIB; officially opened the operational office for the bank at the Abu Dhabi Global Market. The office is the ...

Abu Dhabi:10 Sep 2023

Etihad Credit Insurance (ECI), the federal export credit agency of the UAE, has joined forces with the Abu Dhabi Export Office (ADEX), in a move to strengthen the UAE's position in international trade and innovation, This partnership is marked by the signing of an insurance policy, which aims to support an initiative to implement a digital transformation project in Angola, thus reinforcing the ...

Abu Dhabi:06 Sep 2023

Abu Dhabi Exports Office (ADEX), the export-financing arm of Abu Dhabi Fund for Development (ADFD), has signed a financing agreement with the National Bank of Egypt (NBE), reinforcing trade and economic relations between the UAE and Egypt. This landmark collaboration solidifies the longstanding bond between the two nations and showcases their commitment to mutual prosperity and growth. Under the t...

Abu Dhabi:15 Aug 2023

Abu Dhabi Exports Office (ADEX), the export-financing arm of Abu Dhabi Fund for Development (ADFD), has signed an agreement with the Ministry of International Cooperation, Ministry of Finance, and the General Authority for Supply Commodities in Egypt. The agreement entails a revolving financing program valued at US$100 million, with annual renewals planned over a 5-year term, ultimately reaching a...

Abu Dhabi:09 Aug 2023

The Abu Dhabi Fund for Development (ADFD) has signed a loan agreement with the Government of Tanzania worth AED 110 million (US$30 million) to enhance energy security in the country. The project’s objective is to fully connect the Kagera administrative region with the national electricity grid, reducing dependency on energy imports from Uganda and providing sustainable and safe electricity sources...

Abu Dhabi:01 Jun 2023

Abu Dhabi Fund for Development (ADFD) has participated as a strategic partner in the second edition of the “Make it in the Emirates” forum. This prominent event revolved around the theme of “Investment, Sustainability, and Growth.” As one of the most significant industrial gatherings in the UAE, as well as the wider Middle East and North Africa region, the forum brought together key decision-maker...

Abu Dhabi:08 May 2023

Abu Dhabi Fund for Development (ADFD) has signed an agreement with the government of Mauritania to finance a project aimed at providing potable water to the city of Kiffa, which will be sourced from the Senegal River. The contribution from the ADFD towards this strategic project amounts to AED110 million (US$30 million). The total value of the project, which is being financed by several Arabic a...

Abu Dhabi:19 Apr 2023

His Excellency Dr. Sultan Al Jaber, Minister of Industry and Advanced Technology, COP28 President-Designate, and UAE Governor of the Asian Infrastructure Investment Bank; and Jin Liqun, President of the Asian Infrastructure Investment Bank, signed the Host Member Agreement for establishing the AIIB’s Interim Operational Hub in the UAE on the Abu Dhabi Global Market, AIIB’s first overseas office. ...

Abu Dhabi:13 Apr 2023

In a bid to strengthen the UAE’s standing as a global hub for advanced technology, a delegation from the Abu Dhabi Fund (ADFD) for Development and the Abu Dhabi Exports Office (ADEX) recently visited the Abu Dhabi-based artificial intelligence and cloud computing technology holding company, G42. The delegation discussed the joint strategic cooperation and explored ways to enhance the Fund’s role i...

Abu Dhabi:07 Mar 2023

Abu Dhabi Exports Office (ADEX), the export financing arm of Abu Dhabi Fund for Development; and Japan’s Sumitomo Mitsui Banking Corporation (SMBC), have joined hands to provide a loan facility of USD135 million to Trafigura, a market leader in the global commodities industry. ADEX contributed USD125 million of the total facility to support Trafigura’s working capital needs, including for export...

Abu Dhabi:07 Mar 2023

A delegation of the Abu Dhabi Fund for Development (ADFD) and the Abu Dhabi Exports Office (ADEX) visited the headquarters of Mark Cables as part of a series of field visits to national institutions in the country. The purpose of the visit was to expand strategic cooperation with Emirati companies operating in vital sectors, in line with the national strategy to support exports. The delegation wa...

Abu Dhabi:22 Feb 2023

Abu Dhabi Fund for Development (ADFD) has signed an agreement with the Nigerian government to finance the Minna-Bida Road project in the country. The Fund has allocated AED165 million (US$45 million) to support the first development project in Nigeria, which is expected to stimulate commercial activities and improve transport links between the main cities in the country. The 82-kilometer road lin...

Abu Dhabi:15 Feb 2023

His Excellency Khalifa Al Qubaisi, Deputy Director General of the Abu Dhabi Fund for Development; held a meeting with His Excellency Alpha Bacar Barry, Minister of Technical Education, Vocational Training and Employment of Guinea; during the World Government Summit in Dubai. In attendance were Adel Abdulla Al Hosani, Director of Operations at ADFD; Khalil Al Mansoori, Acting Director General of th...

Abu Dhabi:14 Feb 2023

His Excellency Mohamed Saif Al Suwaidi, Director General of the Abu Dhabi Fund for Development (ADFD) and Chairman of the Exports Executive Committee of the Abu Dhabi Exports Office (ADEX), met His Excellency Arnoldo Andre Tinoco, Minister of Foreign Affairs of Costa Rica, to discuss ways to strengthen relations between the UAE and Costa Rica in various fields. The meeting was held as part of the...

Abu Dhabi:14 Feb 2023

Abu Dhabi Fund for Development (ADFD) and the International Finance Corporation (IFC), a member of the World Bank Group, signed a Memorandum of Cooperation during the World Government Summit to support investments in emerging markets related to the clean energy transition, climate mitigation and adaptation, the adoption of clean technologies, and food security amongst others. The cooperation fr...

Abu Dhabi:10 Feb 2023

The Abu Dhabi Exports Office (ADEX), the export-financing arm of Abu Dhabi Fund for Development (ADFD), signed two green finance agreements with the government of Angola, valued at AED445 million (US$121.3 million). The financing is provided in cooperation with Standard Chartered Bank. One agreement, valued at AED330 million (US$90 million), relates to the acquisition of an analytical platform, ...

Abu Dhabi:17 Jan 2023

Abu Dhabi Exports Office (ADEX), signs an agreement with the Korea Trade Insurance Corporation (K-SURE), on the sidelines of the UAE-Korean Business Forum, organized by the Abu Dhabi Chamber of Commerce & Industry. His Excellency Yoon Suk-yeol, President of South Korea, was present at the event. The agreement aims to promote Emirati exports, drive investment, and explore fresh opportunities to c...

Abu Dhabi:19 Dec 2022

The Republic of Seychelles moved a step closer to realizing its clean energy ambitions with the inauguration of a UAE-funded 5-megawatt (MW) solar photovoltaic (PV) plant with battery storage, the second clean-energy project in the African island nation. Developed by Masdar and the Seychelles’ Public Utilities Corporation (PUC), the Ile de Romainville Solar Park was financed by Abu Dhabi Fun...

Abu Dhabi:18 Dec 2022

A delegation from Abu Dhabi Fund for Development (ADFD) and the Abu Dhabi Exports Office (ADEX), visited Al Dahra Agricultural Company in Khalifa Industrial Zone (KIZAD), one of the leading firms in the UAE’s food and agriculture sector. The delegates held a meeting with the company officials, where they explored ways to enhance cooperation and underscored ADFD’s role in supporting the effort of m...

Abu Dhabi:16 Dec 2022

The Executive Committee of the Abu Dhabi Fund for Development (ADFD) held its first meeting for 2022, chaired by His Highness Sheikh Abdullah bin Zayed Al Nahyan, Minister of Foreign Affairs and International Cooperation, Vice Chairman of the ADFD Board of Directors, Chairman of the Executive Committee. The virtual meeting was attended by H.E. Ahmed bin Ali Al Sayegh, Minister of State, H.E. Fari...

Abu Dhabi:08 Dec 2022

The Abu Dhabi Exports Office (ADEX) signed an agreement with Togo’s Ministry of Economy and Finance to raise the production capacity of the Mohammed bin Zayed Solar Park in the country from the current 50 megawatts to 70 megawatts. In addition, the financing will help procure 4MWh solar energy production storage system. Under the agreement, the Abu Dhabi Exports Office will provide a loan of AED9...

Abu Dhabi:01 Dec 2022

Abu Dhabi Fund for Development celebrated the UAE’s 51st National Day, with the programs presided over by His Excellency Mohammed Saif Al Suwaidi, Director General of ADFD. His Excellency Khalifa Al Qubaisi, the Deputy Director General; department directors; and other members of the staff took part in the celebrations. In a speech, H.E. Al Suwaidi extended greetings to His Highness Sheikh Mohamme...

Abu Dhabi:24 Nov 2022

Abu Dhabi Fund for Development (ADFD) signed a financing agreement with the Argentine government for an AED105.8 million (US$28.8 million) project to build modern water plants and rehabilitate and expand existing water stations in 26 villages in Cordoba province. The agreement was signed by H.E Mohamed Saif Al Suwaidi, Director General of Abu Dhabi Fund for Development; and H.E Juan Schiaretti, t...

Abu Dhabi:23 Nov 2022

His Excellency Mohamed Saif Al Suwaidi, Director General of Abu Dhabi Fund for Development, today met at the Fund’s headquarters Jin Liqun, President of the Asian Infrastructure Investment Bank (AIIB). The meeting was attended by His Excellency Khalifa Abdullah Al Qubaisi, Deputy Director General of ADFD, and other officials from both sides. The two sides discussed the development of bilateral rel...

Abu Dhabi:18 Nov 2022

Abu Dhabi Fund for Development participated in the first plenary session of the Council of Foreign Investors in Uzbekistan, which was held this week under the chairmanship of His Excellency Shavkat Mirziyoyev, President of Uzbekistan. The discussions focused on fostering economic development in Uzbekistan by facilitating investment in various fields and enabling investors to overcome obstacles. ...

Abu Dhabi:09 Nov 2022

Today, three new partners have officially joined the Energy Transition Accelerator Financing Platform (ETAF), IRENA’s global climate finance platform aimed at mobilising capital to scale up renewable project funding in developing countries by 2030. Cooperation agreements with the Asian Infrastructure Investment Bank (AIIB), Masdar and Swiss Re were signed on-site at the UN Climate Change Conferen...

Abu Dhabi:01 Nov 2022

The Abu Dhabi Exports Office (ADEX), the export-financing arm of Abu Dhabi Fund for Development (ADFD), has signed an AED36.7 million (US$10 million) line-of-credit agreement with the National Bank of Iraq, part of the Capital Bank Group. The agreement aims to boost economic cooperation between the UAE and Iraq which, in turn, will strengthened bilateral relations. It will also encourage Emirati c...

Abu Dhabi:26 Oct 2022

The UAE participated in the seventh annual meeting of the Board of Governors of the Asian Infrastructure Investment Bank (AIIB), held virtually under the theme “Sustainable Infrastructure Toward a Connected World”. The UAE was represented by His Excellency Dr. Sultan bin Ahmed Al Jaber, Minister of Industry and Advanced Technology, and the UAE’s Governor at the AIIB Board of Governors. The Meeting...

Abu Dhabi:16 Oct 2022

The Abu Dhabi Exports Office (ADEX), the export-financing arm of Abu Dhabi Fund for Development, took part in a CEOs Forum for Exporting Manufacturers, which was held in the UAE capital. The event was attended by senior government officials and representatives of public and private companies and industrial institutions. Organized by the Abu Dhabi Department of Economic Development (ADDED), in coo...

Abu Dhabi:30 Sep 2022

A delegation from Abu Dhabi Fund for Development (ADFD) and its export-financing arm, the Abu Dhabi Exports Office (ADEX), visited Abu Dhabi Ship Building (ADSB), an entity within EDGE, one of the world’s leading advanced technology groups for defense and beyond. The delegates held discussions with ADSB officials about the promotion of Emirati companies with ADFD’s support and raising the competit...

Abu Dhabi:12 Sep 2022

Abdullah Al Muhairbi, an Emirati engineer, has created history after he scaled the 5,642-meter Mount Elbrus in Russia, and 6,962-meter Mount Aconcagua in Argentina in South America. These achievements are part of his mission to conquer the Seven Summits – the highest mountains of each of the seven continents. In 2015, he climbed the highest peak in Africa, on Mount Kilimanjaro in Tanzania, which i...

Abu Dhabi:27 Aug 2022

Abu Dhabi Fund for Development (ADFD) will celebrate Emirati Women's Day on August 28 under the theme, “An Inspiring Reality, a Sustainable Future”. The occasion is an opportunity for ADFD to recognize the contributions of women to the UAE’s progress and development and their outstanding achievements in every sphere. H.E. Mohamed Saif Al Suwaidi, Director General of Abu Dhabi Fund for Developmen...

Abu Dhabi:26 Jul 2022

Since its establishment in 1971, Abu Dhabi Fund for Development has been on a mission to drive development in various fields; it has achieved many milestones for the UAE, enabling the country to raise its global status, thanks to the patronage of the leadership. The national vision has been the guiding principle for ADFD as it helped developing countries to strengthen their economies, while also s...

Abu Dhabi:14 Jul 2022

Abu Dhabi Fund for Development (ADFD) and the Abu Dhabi Exports Office (ADEX) signed two loan agreements with the Electricity and Water Authority in Bahrain to finance a water supply network project. Under the agreements, ADFD has committed to provide a loan of AED150.6 million, and ADEX to provide a loan of AED187.32 million. The project aims to enhance the capacity of the water transmiss...

Abu Dhabi:28 Jun 2022

Abu Dhabi Exports Office (ADEX), the export-financing arm of Abu Dhabi Fund for Development (ADFD), has signed a financing agreement with the ECOWAS Bank for Investment and Development (EBID), whereby a line of credit of US$20 million will be opened between the two entities that will enhance strategic cooperation, leading to an increase in the volume of trade between the UAE and ECOWAS member...

Abu Dhabi:22 Jun 2022

Abu Dhabi Fund for Development and its export-financing arm, the Abu Dhabi Exports Office (ADEX), participated in the “Make in the Emirates” forum, organized by the Ministry of Industry and Advanced Technology (MoIAT) in cooperation with the Abu Dhabi Department of Economic Development (ADDED). The forum was held on June 21 and 22 under the theme, “Invest, Partner, Grow”. More than 1,300 represe...

Abu Dhabi:16 Jun 2022

The International Renewable Energy Agency (IRENA) signed agreements with the Abu Dhabi Fund for Development (ADFD) and The Abu Dhabi Future Energy Company (known as Masdar) at the Agency’s headquarters today. The agreement with ADFD formalises the fund’s anchor investment of USD 400 million to IRENA’s Energy Transition Accelerator Financing (ETAF) Platform. The signing of the Letter of Intent with...

Abu Dhabi:15 Jun 2022

Two grain silos have been inaugurated in Jordan’s Juwaideh and Aqaba regions following an extensive renovation. The project was carried out by Abu Dhabi Fund for Development (ADFD) to raise the capacity of the Juwaideh silo to 120,000 tons, and the Aqaba granary to 100,000 tons. The aim was to support the Jordan’s National Food and Security Strategy for 2025. Abu Dhabi Fund financed the AED258.7 ...

Abu Dhabi:14 Jun 2022

Abu Dhabi Exports Office (ADEX), the export-financing arm of Abu Dhabi Fund for Development (ADFD), signed a financing agreement with Capital Bank of Jordan, whereby a credit line of approximately AED73.4 million (US$20m) will be opened to support collaborative efforts to enhance UAE's exports to the region and boost economies of the two countries. The agree...

Abu Dhabi:08 Jun 2022

Abu Dhabi Fund for Development (ADFD) participated as a strategic sponsor in the Bonds, Loans and Sukuk Middle East conference, which was held in Dubai on June 7 and 8. The forum is the largest of its kind in the region, which brings together issuers, borrowers, investors, and bankers to discuss the developments of local and international bond, syndicated loan and sukuk markets. The global eve...

Abu Dhabi:06 Jun 2022

Abu Dhabi Fund for Development (ADFD) joined the international community in celebrating World Environment Day on June 5. Marked this year under the theme, “We have Only One Land”, the occasion aimed to unite global efforts to preserve the environment and sustain its limited land resources. ADFD emphasized the UAE’s leading role in preserving the environment and addressing negative impacts of cli...

Abu Dhabi:03 Jun 2022

Khalil Al Mansoori, Acting Director General of Abu Dhabi Exports Office (ADEX), met officials from Industrial Development Bureau representing Abu Dhabi's Department of Economic Development. They reviewed cooperation and strategic partnership, as well as plans to promote exports and support the national economy. Al Mansoori said: “The meeting is part of an initiative to unite the national...

Abu Dhabi:01 Jun 2022

Abu Dhabi Fund for Development has launched the Tamkeen programme for vocational training to support the UAE’s effort to build a knowledge economy by investing in skill development of Emiratis. Supervised by experts and specialists from ADFD, the training covers diverse areas such as investment, project management, financial affairs, internal auditing, information technology, media and communicati...

Abu Dhabi:25 May 2022

Strategic relations between Abu Dhabi Development Fund for Development (ADFD) and the government of Jordan date to 1974, when ADFD financed the first project in the country. Thereafter, the Fund financed hundreds of development projects in vital sectors, whose total value stands at about AED 6.5 billion. These projects collectively raised the standard of living in Jordan and helped the government ...

Abu Dhabi:23 May 2022

H.E Khalifa Al Qabisi, Deputy Director General of ADFD, hosted Shaukat Ali Soudhan, Ambassador of Mauritius, at the Fund’s headquarters in Abu Dhabi. They explored expansion of cooperation that would bolster crucial sectors in Mauritius. Al Qabisi said that the meeting was part of periodic interactions that are held to discuss cooperation over mutual interests and priorities. “The visit was als...

Abu Dhabi:18 Apr 2022

Mohamed Saif Al Suwaidi, Director General of Abu Dhabi Fund for Development (ADFD), and Chairman of the Exports Executive Committee of the Abu Dhabi Exports Office (ADEX), hosted at ADFD headquarters Sunjay Sudhir, the Ambassador of India to the UAE. The talks were held against the backdrop of the Comprehensive Economic Partnership Agreement signed this year by the two countries, which is expected...

Abu Dhabi:31 Mar 2022

Abu Dhabi Exports Office (ADEX) received representatives of the Export-Import Bank of Korea (KEXIM) at its headquarters here. The two sides discussed ways to reinforce their collaboration that would lead to more robust trade relations between the UAE and South Korea.   The meeting was led by Khalil Al Mansoori, Acting Director General of ADEX; and Cholkyu Lee, Chief Representative o...

Abu Dhabi:30 Mar 2022

Abu Dhabi Fund for Development (ADFD) has signed a Memorandum of Understanding (MoU) with the African Development Bank (AfDB), aimed at strengthening cooperation over investment in strategic sectors in Africa that would sustainably drive socioeconomic development in the continent, while also achieving the UAE’s development- financing goals for developing countries. The MoU was signed by H.E. Moha...

Abu Dhabi:30 Mar 2022

H.E. Mohammed Saif Al Suwaidi, Director General of the Abu Dhabi Fund for Development (ADFD) and Chairman of the Exports Executive Committee of the Abu Dhabi Exports Office (ADEX), met today with a Tanzanian delegation led by H.E Dr. Philip Isdor, Vice President of the United Republic of Tanzania to discuss the enhancement of bilateral relations between the UAE and Tanzania. On the ...

Abu Dhabi:30 Mar 2022

H.E. Mohammed Saif Al Suwaidi, Director General of Abu Dhabi Fund for Development (ADFD), and Chairman of the Exports Executive Committee of Abu Dhabi Exports Office (ADEX), welcomed a delegation from the republic of Brazil led by H.E. Flávio Augusto Viana Rocha, Special Secretary for Strategic Affairs of the Presidency of the Brazilian Republic. Along with Mr. Khalil Al Mansoori, Acting Director ...

Abu Dhabi:28 Mar 2022

His Excellency Mohammed Saif Al Suwaidi, the Director General of Abu Dhabi Fund for Development (ADFD), received His Excellency Dr. Mohamed Irfaan Ali, the President of Guyana, and his delegation. The meeting was attended by senior officials from ADFD. The two sides discussed the strategic relations and future opportunities that serve mutual interests. H.E. Al Suwaidi expressed his gratitude to ...

Abu Dhabi:23 Mar 2022

The Board of Directors of the Abu Dhabi Fund for Development (ADFD) held a meeting under the chairmanship of H.H. Sheikh Mansour bin Zayed Al Nahyan, Deputy Prime Minister and Minister of Presidential Affairs, and ADFD Board Chairman, and in the presence of the board members and ADFD Director-General. His Highness Sheikh Abdullah bin Zayed Al Nahyan, Minister of Foreign Affairs and International C...

Abu Dhabi:22 Mar 2022

Water projects prominently figure in developmental initiatives of Abu Dhabi Fund for Development (ADFD). Estimated at AED2 billion, these initiatives collectively benefited 18 countries while also powering other sectors such as agriculture, industry and energy. The emphasis on water reflects ADFD’s commitment to the world to support efforts to achieve the UN’s Sustainable Development Goals, especi...

Abu Dhabi:22 Mar 2022

Abu Dhabi Fund for Development (ADFD) participated in the inauguration of five colleges in Jordan, which were built with an ADFD funding of AED80.3 million (US$21.83m). The initiative is part of the Jordanian Public Universities Development Program that includes the implementation of 27 projects in the education sector at a total value of AED 466 million (US$126.87m) to boost the education sector....

Abu Dhabi:17 Mar 2022

The Abu Dhabi Exports Office (ADEX) took part in a two-day TXF Middle East and Africa conference, which sought to enhance export and finance collaboration between the two regions. The participation is part of ADEX’s effort to strengthen the Emirati export sector and support the drive to diversify the national economy. The TXF Middle East & Africa: Export Project Finance 2022 conference, held in...

Abu Dhabi:01 Mar 2022

Abu Dhabi Fund for Development participated in the inauguration of the first bridge built as part of the Berbera-Hargeisa corridor project in Somaliland. This strategic initiative has been financed from the AED 330.5 million (US$89.9m) grant programme provided by the United Arab Emirates for the country in 2017. The grant is managed by ADFD to finance various projects to drive sustainable developm...

Abu Dhabi:23 Feb 2022

His Excellency Mohammed Saif Al Suwaidi, Director General of the Abu Dhabi Fund for Development (ADFD), received at the Fund’s headquarters in Abu Dhabi His Excellency Shaukat Ali Soudhan, Ambassador of Mauritius to the UAE. His Excellency Khalifa Abdullah Al Qubaisi, Deputy Director General of ADFD; and other senior officials from both sides were present at the meeting. They discussed bilateral ...

Abu Dhabi:21 Feb 2022

His Excellency Mohamed Saif Al Suwaidi, Director General of Abu Dhabi Fund for Development (ADFD), received His Excellency Rodrigo Malmercadiz, Minister of Trade, Foreign Investment and International Cooperation of Cuba, at the ADFD headquarters in Abu Dhabi. Present at the meeting were His Excellency Khalifa Abdullah Al Qubaisi, Deputy Director General of ADFD; His Excellency Roberto Blanco, Amba...

Abu Dhabi:18 Feb 2022

His Excellency Mohamed Saif Al Suwaidi, Director General of the Abu Dhabi Fund for Development (ADFD), received a delegation from Guinea-Conakry, headed by His Excellency Ousmane Domboya, Adviser to the President. The discussions focused on expanding the economic cooperation. The meeting was attended by His Excellency Khalifa Abdullah Al Qubaisi, Deputy Director General of ADFD; and other offic...

Abu Dhabi:10 Feb 2022

His Excellency Mohammed Saif Al-Suwaidi, Director General of the Abu Dhabi Fund for Development, received His Excellency Husain Bagis, Ambassador of the Republic of Indonesia for the UAE, at the Fund’s headquarters in Abu Dhabi. His Excellency Khalifa Abdullah Al Qubaisi, Deputy Director General of ADFD, and several officials from both sides also attended the meeting. During the meeting, the two ...

Abu Dhabi:09 Feb 2022

His Excellency Mohammed Saif Al-Suwaidi, Director General of the Abu Dhabi Fund for Development (ADFD), received a delegation from the Republic of Sierra Leone led by His Excellency Dr. Austin Demby, Minister of Health and Sanitation. Along with His Excellency Rashid Sesay, Ambassador of the Republic of Sierra Leone for the UAE, and His Excellency Khalifa Abdullah Al Qubaisi, Deputy Director Gener...

Abu Dhabi:24 Jan 2022

During its pioneering 50-year journey, Abu Dhabi Fund for Development has worked to support international efforts aimed at achieving sustainable development in the education sector around the world. To date, it has funded 64 educational development projects that serves the educational sector, with a total of AED2 billion invested across 15 developing countries around the world. In its report, issu...

Abu Dhabi:13 Dec 2021

Abu Dhabi Fund for Development (ADFD), the economic development arm of the UAE government, signed an agreement to provide a concessionary loan valued at AED 51.4 million (US $14 million) to support development of a new waste-to-energy plant on Ado Island in the Maldives, a project which was selected under ADFD-IRENA Project Facility. The Agreement was signed by His Excellency Mohammed Saif Al Suw...

Abu Dhabi:09 Dec 2021

The Moroccan government celebrated the inauguration of a major university housing project at Mohammed VI University of Health Sciences in Mohammedia City, Morocco, that was developed with the support of the Abu Dhabi Fund for Development (ADFD). The project creates an integrated university district designed to the highest international standards to provide high-quality accommodation for students...

Abu Dhabi:24 Nov 2021

Emirates Development Bank [EDB], a key financial enabler of the country’s economic diversification and industrial transformation agenda, has signed a Memorandum of Understanding (MoU) with the Abu Dhabi Fund for Development (ADFD). As part of this MoU, EDB will provide innovative financing and banking solutions, credit guarantees and joint lending for the beneficiaries of ADFD’s programmes and th...

Abu Dhabi:22 Nov 2021

The Executive Committee of the Abu Dhabi Fund for Development (ADFD) held its first meeting in 2021, under the chairmanship of H.H. Sheikh Abdullah bin Zayed Al Nahyan, Minister of Foreign Affairs and International Cooperation, Vice Chairman of the ADFD Board of Directors and Chairman of the Executive Committee. The virutal meeting was attended by Executive Committee members: Ahmed bin Ali Al Say...

Abu Dhabi:11 Nov 2021

Abu Dhabi Fund for Development (ADFD), the leading national entity for economic development, signed an agreement with the Government of Lesotho to provide AED73 million (US$20 million) to finance the development of a water supply system in the Butha-Buthe District in Lesotho. The loan agreement was signed by His Excellency Mohammed Saif Al-Suwaidi, Director General of ADFD, and His Excellency Tha...

Abu Dhabi:07 Oct 2021

His Excellency Mohammed Saif Al Suwaidi, Director General of Abu Dhabi Fund for Development (ADFD), received a delegation from the Central Bank of Egypt led by the Governor His Excellency Tarek Hassan Amer. During the meeting, both parties discussed bilateral relations, economic cooperation as well as the significant role the UAE plays in leading efforts that help to drive sustainable economic dev...

Abu Dhabi:01 Oct 2021

​His Excellency Mohamed Saif Al Suwaidi, Director General of the Abu Dhabi Fund for Development (ADFD), received a delegation from the Republic of Liberia headed by His Excellency De-Maxwell Sah Kemaye, Minister of Foreign Affairs of Liberia. During the meeting, the two sides discussed bilateral relations and ways of exploring cooperation in several key areas, including the role of the Fund in sup...

Abu Dhabi:30 Sep 2021

​As part of its mission to drive sustainable growth of Emirati- manufacturing and export companies, the Abu Dhabi Export Office (ADEX) held a webinar to showcase its leading financing solutions which can help boost exports and enhance local companies' competitiveness in global markets. Themed 'Financing Solutions and services to support UAE export businesses growth', the w...

Abu Dhabi:29 Sep 2021

His Excellency Mohamed Saif Al Suwaidi, Director General of the Abu Dhabi Fund for Development (ADFD), and Her Excellency Francisca Méndez Escobar, Ambassador of Mexico to the United Arab Emirates, recently discussed how to develop bilateral relations and increase economic cooperation. The meeting, held yesterday at the Fund's headquarters, was attended by Mr. Adel Al Hosani, Operations Department...

Abu Dhabi:29 Sep 2021

Emirates Development Bank (EDB), fully owned by the UAE Federal Government and a key financial enabler of the country's economic diversification and industrial transformation agenda, announced the signing of cooperation agreement with Abu Dhabi Exports Office (ADEX), the export-financing arm of Abu Dhabi Fund for Development (ADFD), to boost the export potential of national businesses by offer...

Abu Dhabi:21 Sep 2021

​His Excellency Mohammed Saif Al-Suwaidi, Director General of the Abu Dhabi Fund for Development, received yesterday at the Fund's headquarters a government delegation from Georgia headed by Her Excellency Natia Turnava, Minister of Economy and Sustainable Development, in the presence of His Excellency Bata Kalandadze, Ambassador of the Republic of Georgia to the UAE, and Mr. Rashid Al Kaabi, ...

Abu Dhabi:15 Sep 2021

Abu Dhabi Fund for Development has signed an MoU with the Government of Mauritania to finance a major refurbishment and modernization project valued at around AED24 million (US$6.5 million) for the Tanit Fishing Port, an artisanal fishing port that through this renovation and development of an ice factory will better enable local fishermen to benefit from the country's fisheries economy, incre...

Abu Dhabi:14 Sep 2021

Abu Dhabi Exports Office (ADEX), the UAE-wide export financing entity founded by Abu Dhabi Fund for Development, has reached key milestones in its efforts to boost the UAE's non-crude export sector and support global market expansion of Emirati exporters.​ In its first full year of operation in 2020, ADEX committed AED500 million (USD 136 million) to overseas buyers to finance their pro...

Abu Dhabi:08 Sep 2021

The Abu Dhabi Exports Office (ADEX), the export-financing arm of Abu Dhabi Fund for Development (ADFD), has entered a strategic partnership with Ras Al Khaimah (RAK) Chamber of Commerce and Industry as part of its efforts to support Emirati exporters and build a diverse and sustainable national economy. Both parties formally sealed their cooperation during a recent signing of a Memorandum of Under...

Abu Dhabi:22 Aug 2021

Ministers and key officials of several developing countries across the globe have lauded the efforts of Abu Dhabi Fund for Development (ADFD) in driving sustainable economic development in their countries. Noting that the fund has played a significant role in financing thousands of development projects across strategic sectors, they highlighted the profound change brought about by ADFD-funded proj...

Abu Dhabi:17 Aug 2021

Major electricity projects valued at AED51 million (US$13.9 million) have been inaugurated by the government of the Comoros. Financed by Abu Dhabi Fund for Development, the UAE’s leading development financing institution driving sustainable development at home and abroad, these projects will supply electricity to more than 12,000 homes and are expected to stimulate the economy of the island nation...

Abu Dhabi:10 Aug 2021

Since its establishment in 1971, Abu Dhabi Fund for Development (ADFD) has financed thousands of development projects that significantly impacted millions of lives in 97 developing countries around the world. The projects have contributed to advancing economic growth, improving access to healthcare and education, and building modern infrastructure, including road, railway and water networks as wel...

Abu Dhabi:08 Aug 2021

Abu Dhabi Fund for Development (ADFD), the economic development arm of the UAE government, signed an agreement with the Government of Guinea to provide a concessionary loan valued at AED95.5 million (USD$ 26 million) to finance developing a major interchange and roads project in the heart of Conakry, the nation’s capital city. Conakry is the largest city in Guinea and a growing economic hub of ...

Abu Dhabi:26 Jul 2021

Since its establishment in 1971, Abu Dhabi Fund for Development (ADFD) has been playing a leading role in translating into reality the UAE’s vision to strengthen the economies of developing countries, as well as supporting the national economy and enhancing its competitiveness at the global level. Over the past 50 years, the Fund has financed thousands of strategic projects in 97 countries, creat...

Abu Dhabi:15 Jul 2021

Abu Dhabi Fund for Development (ADFD), the economic development arm of the UAE government, signed an agreement with the Government of Rwanda to provide a concessionary loan valued at USD 15 million (AED55 million) to finance the Rambura – Nyange section of the Rubengera- Muhanga road project. The financed road project will support Rwanda government’s strategic transportation infrastructure develo...

Abu Dhabi:23 Jun 2021

The Mohamed Bin Zayed Solar PV Complex, one of the largest solar PV plant in West Africa financed by Abu Dhabi Fund for Development (ADFD) and selected under ADFD-IRENA Project Facility, is now fully operational. The 50-megawatt (MW) project in Blitta, Togo will supply reliable, clean electricity to hundreds of thousands of homes and businesses in the country to receive a sustainable supply of cle...

Abu Dhabi:23 Jun 2021

The Mohamed Bin Zayed Solar PV Complex, one of the largest solar PV plant in West Africa financed by Abu Dhabi Fund for Development (ADFD) and selected under ADFD-IRENA Project Facility, is now fully operational. The 50-megawatt (MW) project in Blitta, Togo will supply reliable, clean electricity to hundreds of thousands of homes and businesses in the country to receive a sustainable supply of cle...

Abu Dhabi:21 Jun 2021

Abu Dhabi Fund for Development (ADFD) signed a cooperation agreement with the Emirates Red Crescent (ERC) to finance the development projects supported by the Mother of the Nation program in the Comoros. As part of the funding, ADFD has provided AED35 million to the UAE government’s grant to the Comoros to support development projects within the Mother of the Nation program. Serving key sectors i...

Abu Dhabi:21 Jun 2021

Abu Dhabi Fund for Development (ADFD) signed a cooperation agreement with the Emirates Red Crescent (ERC) to finance the development projects supported by the Mother of the Nation program in the Comoros. As part of the funding, ADFD has provided AED35 million to the UAE government’s grant to the Comoros to support development projects within the Mother of the Nation program. Serving key sectors i...

Abu Dhabi:10 Jun 2021

Abu Dhabi Fund for Development (ADFD) today signed two agreements worth AED367 million with the Government of Turkmenistan. The first agreement includes the allocation of AED275 million (US$75 million) towards the construction of an airport in Jebel in Balkan Region, whereas the second agreement aims to finance the development of a 10 megawatts hybrid power plant at a cost of AED92 million (US$25 ...

Abu Dhabi:10 Jun 2021

Abu Dhabi Fund for Development (ADFD) today signed two agreements worth AED367 million with the Government of Turkmenistan. The first agreement includes the allocation of AED275 million (US$75 million) towards the construction of an airport in Jebel in Balkan Region, whereas the second agreement aims to finance the development of a 10 megawatts hybrid power plant at a cost of AED92 million (US$25 ...

Abu Dhabi:24 May 2021

​Ajman Department of Economic Development (Ajman DED) today signed a cooperation agreement (MoU) with the Abu Dhabi Exports Office (ADEX), the UAE-wide export financing entity established by Abu Dhabi Fund for Development (ADFD) to provide solutions to national export companies to enhance their business and geographically expand the scope of their activities to international markets. The agree...

Abu Dhabi:24 May 2021

​Ajman Department of Economic Development (Ajman DED) today signed a cooperation agreement (MoU) with the Abu Dhabi Exports Office (ADEX), the UAE-wide export financing entity established by Abu Dhabi Fund for Development (ADFD) to provide solutions to national export companies to enhance their business and geographically expand the scope of their activities to international markets. The agree...

Abu Dhabi:17 May 2021

Abu Dhabi Exports Office (ADEX), the export-financing arm of Abu Dhabi Fund for Development (ADFD), has signed a USD 30 million (AED 110.19 million) line -of-credit agreement with the Eastern and Southern African Trade and Development Bank (TDB) to bolster trade between the UAE and the Bank's Member States. The partnership is the first of its kind to be signed by ADEX with a foreign financial inst...

Abu Dhabi:17 May 2021

Abu Dhabi Exports Office (ADEX), the export-financing arm of Abu Dhabi Fund for Development (ADFD), has signed a USD 30 million (AED 110.19 million) line -of-credit agreement with the Eastern and Southern African Trade and Development Bank (TDB) to bolster trade between the UAE and the Bank's Member States. The partnership is the first of its kind to be signed by ADEX with a foreign financial inst...

Abu Dhabi:03 May 2021

The Impact Committee of the Lives and Livelihoods Fund (LLF) recently convened its fourth session virtually to review the implementation progress of the Fund’s projects approved over the past year and projects submitted for approval in 2020, as well as the LLF’s newly launched communications strategy. Abu Dhabi Fund for Development (ADFD) chaired the meeting.The members of the committee welcomed t...

Abu Dhabi:03 May 2021

The Impact Committee of the Lives and Livelihoods Fund (LLF) recently convened its fourth session virtually to review the implementation progress of the Fund’s projects approved over the past year and projects submitted for approval in 2020, as well as the LLF’s newly launched communications strategy. Abu Dhabi Fund for Development (ADFD) chaired the meeting.The members of the committee welcomed t...

Abu Dhabi:13 Apr 2021

Abu Dhabi Fund for Development (ADFD), the UAE’s leading development financing institution driving sustainable development at home and abroad, welcomed a high-level delegation from Sudan at its headquarters. Headed by Her Excellency Dr Maryam Al-Sadiq Al-Mahdi, Minister of Foreign Affairs of Sudan, the delegation met with His Excellency Mohammed Saif Al Suwaidi, Director General of ADFD and explor...

Abu Dhabi:13 Apr 2021

Abu Dhabi Fund for Development (ADFD), the UAE’s leading development financing institution driving sustainable development at home and abroad, welcomed a high-level delegation from Sudan at its headquarters. Headed by Her Excellency Dr Maryam Al-Sadiq Al-Mahdi, Minister of Foreign Affairs of Sudan, the delegation met with His Excellency Mohammed Saif Al Suwaidi, Director General of ADFD and explor...

Abu Dhabi:08 Apr 2021

Abu Dhabi Fund for Development (ADFD), the UAE’s leading development financing institution driving sustainable development at home and abroad, took part in a virtual ceremony organised by Colombian Presidential Agency of International Cooperation (APC-Colombia), to launch a project to support micro, small and medium enterprises (MSMEs) in Colombia. The AED 37 million (US$10 million) programme will...

Abu Dhabi:08 Apr 2021

Abu Dhabi Fund for Development (ADFD), the UAE’s leading development financing institution driving sustainable development at home and abroad, took part in a virtual ceremony organised by Colombian Presidential Agency of International Cooperation (APC-Colombia), to launch a project to support micro, small and medium enterprises (MSMEs) in Colombia. The AED 37 million (US$10 million) programme will...

Abu Dhabi:28 Mar 2021

The Abu Dhabi Fund for Development (ADFD) Board of Directors approved the allocation of AED735 million ($200 million) for Abu Dhabi Exports Office (ADEX) to accommodate export financing that will help spur the growth of exports of UAE national companies. The 2021 budget allocation increased by 33.3%, with AED184 million ($50 million) over the 2020 export development budget and will be used to dire...

Abu Dhabi:28 Mar 2021

The Abu Dhabi Fund for Development (ADFD) Board of Directors approved the allocation of AED735 million ($200 million) for Abu Dhabi Exports Office (ADEX) to accommodate export financing that will help spur the growth of exports of UAE national companies. The 2021 budget allocation increased by 33.3%, with AED184 million ($50 million) over the 2020 export development budget and will be used to dire...

Abu Dhabi:03 Mar 2021

His Excellency Khalifa Al Qubaisi, Deputy Director General of Abu Dhabi Fund for Development, received at the Fund’s headquarters HE Zhaslan Madiyev, Deputy Chairman of the Agency for Strategic Planning and Reform of Kazakhstan. The meeting was attended by Mr. Rashed Al Kaabi, Director of Investment Department at ADFD and senior Kazakh government officials. They explored ways to develop the strate...

Abu Dhabi:03 Mar 2021

His Excellency Khalifa Al Qubaisi, Deputy Director General of Abu Dhabi Fund for Development, received at the Fund’s headquarters HE Zhaslan Madiyev, Deputy Chairman of the Agency for Strategic Planning and Reform of Kazakhstan. The meeting was attended by Mr. Rashed Al Kaabi, Director of Investment Department at ADFD and senior Kazakh government officials. They explored ways to develop the strate...

Abu Dhabi:02 Mar 2021

His Excellency Mohamed Saif Al Suwaidi, Director General of the Abu Dhabi Fund for Development (ADFD), received today at the Fund headquarters His Excellency Abdoulaye Bio Tchane, Minister of State for Planning and Development of Benin. The meeting was attended by His Excellency Khalifa Al Qubaisi, Deputy Director General of ADFD.Discussions centred on relations between the UAE and Benin, as well ...

Abu Dhabi:02 Mar 2021

His Excellency Mohamed Saif Al Suwaidi, Director General of the Abu Dhabi Fund for Development (ADFD), received today at the Fund headquarters His Excellency Abdoulaye Bio Tchane, Minister of State for Planning and Development of Benin. The meeting was attended by His Excellency Khalifa Al Qubaisi, Deputy Director General of ADFD.Discussions centred on relations between the UAE and Benin, as well ...

Abu Dhabi:17 Feb 2021

Abu Dhabi Exports Office (ADEX), the export-financing arm of Abu Dhabi Fund for Development (ADFD), today signed an AED 22 million (US$6 million) loan agreement with the Egypt-based Emirati firm Jenaan Pipes & Irrigation Systems SAE. The funds will enable the company to import raw material from Borouge, a leading petrochemicals company, to manufacture and supply irrigation systems to one of th...

Abu Dhabi:17 Feb 2021

Abu Dhabi Exports Office (ADEX), the export-financing arm of Abu Dhabi Fund for Development (ADFD), today signed an AED 22 million (US$6 million) loan agreement with the Egypt-based Emirati firm Jenaan Pipes & Irrigation Systems SAE. The funds will enable the company to import raw material from Borouge, a leading petrochemicals company, to manufacture and supply irrigation systems to one of th...

Abu Dhabi:11 Feb 2021

Abu Dhabi Fund for Development, the UAE's leading financial entity spearheading national and global development projects, has extended AED53 million in financing on preferential terms to Bloom Education, making the company one of the first beneficiaries of the Fund’s AED1 billion initiative launched last year. The drive was aimed at helping national companies operating in vital economic sectors. T...

Abu Dhabi:11 Feb 2021

Abu Dhabi Fund for Development, the UAE's leading financial entity spearheading national and global development projects, has extended AED53 million in financing on preferential terms to Bloom Education, making the company one of the first beneficiaries of the Fund’s AED1 billion initiative launched last year. The drive was aimed at helping national companies operating in vital economic sectors. T...

Abu Dhabi:05 Feb 2021

His Highness Prince Salman bin Hamad Al Khalifa, Crown Prince and Prime Minister of Bahrain, today inaugurated Mohammed bin Khalifa bin Salman Al Khalifa Specialist Cardiac Center in the Bahraini capital, Manama. The AED 735 million project has been financed by Abu Dhabi Fund for Development from an AED 9.1 billion (US$2.5 billion) grant given by the UAE to Bahrain in 2013 as part of the GCC Devel...

Abu Dhabi:05 Feb 2021

His Highness Prince Salman bin Hamad Al Khalifa, Crown Prince and Prime Minister of Bahrain, today inaugurated Mohammed bin Khalifa bin Salman Al Khalifa Specialist Cardiac Center in the Bahraini capital, Manama. The AED 735 million project has been financed by Abu Dhabi Fund for Development from an AED 9.1 billion (US$2.5 billion) grant given by the UAE to Bahrain in 2013 as part of the GCC Devel...

Abu Dhabi:04 Feb 2021

Abu Dhabi Fund for Development (ADFD) today signed three memoranda of understanding with the Government of Turkmenistan aimed at strengthening economic and development cooperation through investment in vital sectors that would benefit economies of both countries.The first memorandum of understanding (MoU) involved the establishment of an investment company in Turkmenistan with a target capital of ...

Abu Dhabi:04 Feb 2021

Abu Dhabi Fund for Development (ADFD) today signed three memoranda of understanding with the Government of Turkmenistan aimed at strengthening economic and development cooperation through investment in vital sectors that would benefit economies of both countries.The first memorandum of understanding (MoU) involved the establishment of an investment company in Turkmenistan with a target capital of ...

Abu Dhabi:02 Feb 2021

His Excellency Mohamed Saif Al Suwaidi, Director General of Abu Dhabi Fund for Development, received today at the Fund’s headquarters His Excellency Suleiman Dedefo, Ambassador of Ethiopia to UAE.  Senior officials from both sides were present at the meeting.The two sides discussed bilateral relations and means of developing them, especially through the Fund’s support to the Ethiopian governm...

Abu Dhabi:02 Feb 2021

His Excellency Mohamed Saif Al Suwaidi, Director General of Abu Dhabi Fund for Development, received today at the Fund’s headquarters His Excellency Suleiman Dedefo, Ambassador of Ethiopia to UAE.  Senior officials from both sides were present at the meeting.The two sides discussed bilateral relations and means of developing them, especially through the Fund’s support to the Ethiopian governm...

Abu Dhabi:28 Jan 2021

A delegation from the Bahrain arrived today in Abu Dhabi aboard an operational test flight following the completion of a project to build a new passenger terminal at Bahrain International Airport. The facility has been expanded with a funding of AED3.7 billion (US$1 billion) from Abu Dhabi Fund for Development, one of the UAE’s leading financial institutions. The Fund facilitated the project on be...

Abu Dhabi:28 Jan 2021

A delegation from the Bahrain arrived today in Abu Dhabi aboard an operational test flight following the completion of a project to build a new passenger terminal at Bahrain International Airport. The facility has been expanded with a funding of AED3.7 billion (US$1 billion) from Abu Dhabi Fund for Development, one of the UAE’s leading financial institutions. The Fund facilitated the project on be...

Abu Dhabi:25 Jan 2021

Abu Dhabi Fund for Development, one of the UAE’s leading financial institutions, has been supporting the country’s effort towards driving energy transition at home and around the world by financing innovative renewable-energy projects. These initiatives have had powerful impact on the economies and the environment of beneficiary countries.The Fund has consistently increased its portfolio of such p...

Abu Dhabi:25 Jan 2021

Abu Dhabi Fund for Development, one of the UAE’s leading financial institutions, has been supporting the country’s effort towards driving energy transition at home and around the world by financing innovative renewable-energy projects. These initiatives have had powerful impact on the economies and the environment of beneficiary countries.The Fund has consistently increased its portfolio of such p...

Abu Dhabi:21 Jan 2021

Abu Dhabi Fund for Development, one of the UAE’s leading financial entities, continued to advance its sustainable development agenda within the country and abroad through clean-energy initiatives. Notwithstanding challenges of the Covid-19 pandemic, the Fund completed five crucial renewable energy projects in five partner countries, including Cuba, Somaliland, the Bahamas, Barbados, and Saint Vinc...

Abu Dhabi:21 Jan 2021

Abu Dhabi Fund for Development, one of the UAE’s leading financial entities, continued to advance its sustainable development agenda within the country and abroad through clean-energy initiatives. Notwithstanding challenges of the Covid-19 pandemic, the Fund completed five crucial renewable energy projects in five partner countries, including Cuba, Somaliland, the Bahamas, Barbados, and Saint Vinc...

Abu Dhabi:14 Jan 2021

A solar energy project financed by Abu Dhabi Fund for Development (ADFD) at Berbera City in Somaliland was inaugurated. The plant, which is connected to the local electricity grid, will meet the increasing demand of the entire city of approximately 50,000 people. Set up at a cost of AED29.3 million, the 7-megawatt Berbera Hybrid Mini-grid Project is seen as a gamechanger for the city, as it will s...

Abu Dhabi:14 Jan 2021

A solar energy project financed by Abu Dhabi Fund for Development (ADFD) at Berbera City in Somaliland was inaugurated. The plant, which is connected to the local electricity grid, will meet the increasing demand of the entire city of approximately 50,000 people. Set up at a cost of AED29.3 million, the 7-megawatt Berbera Hybrid Mini-grid Project is seen as a gamechanger for the city, as it will s...

Abu Dhabi:13 Jan 2021

The Abu Dhabi Department of Economic Development's (ADDED) Industrial Development Bureau (IDB) has signed a cooperation agreement with the Abu Dhabi Exports Office (ADEX), a financing entity founded by the Abu Dhabi Fund for Development (ADFD), as part of both parties' efforts to enhance the competitiveness of local companies in Abu Dhabi in international markets and to increase their contribution...

Abu Dhabi:13 Jan 2021

The Abu Dhabi Department of Economic Development's (ADDED) Industrial Development Bureau (IDB) has signed a cooperation agreement with the Abu Dhabi Exports Office (ADEX), a financing entity founded by the Abu Dhabi Fund for Development (ADFD), as part of both parties' efforts to enhance the competitiveness of local companies in Abu Dhabi in international markets and to increase their contribution...

Abu Dhabi:27 Nov 2020

An electricity distribution project financed by Abu Dhabi Fund for Development, one of the UAE’s major financial institutions, has been launched in Guinea. The National Distribution Center, set up at a cost of AED67.5 million (US$18.36 million), promises to significantly enhance energy supply in the country and boost rural economy and standard of living.The project is part of a larger sustainable-...

Abu Dhabi:27 Nov 2020

An electricity distribution project financed by Abu Dhabi Fund for Development, one of the UAE’s major financial institutions, has been launched in Guinea. The National Distribution Center, set up at a cost of AED67.5 million (US$18.36 million), promises to significantly enhance energy supply in the country and boost rural economy and standard of living.The project is part of a larger sustainable-...

Abu Dhabi:12 Nov 2020

His Highness Sheikh Mansour bin Zayed, Deputy Prime Minister and Minister of Presidential Affairs, Chairman of the Board of Directors of Abu Dhabi Fund for Development (ADFD), presided over a board meeting today at the at Qasr Al Watan. His Highness Sheikh Abdullah bin Zayed, Minister of Foreign Affairs and International Cooperation and Deputy Chairman of the Board of Directors, remotely attended ...

Abu Dhabi:12 Nov 2020

His Highness Sheikh Mansour bin Zayed, Deputy Prime Minister and Minister of Presidential Affairs, Chairman of the Board of Directors of Abu Dhabi Fund for Development (ADFD), presided over a board meeting today at the at Qasr Al Watan. His Highness Sheikh Abdullah bin Zayed, Minister of Foreign Affairs and International Cooperation and Deputy Chairman of the Board of Directors, remotely attended ...

Abu Dhabi:11 Nov 2020

His Excellency Mohammad Saif Al Suwaidi, Director General of the Abu Dhabi Fund for Development (ADFD), held a meeting with His Excellency Sardar Omar Zakov, Deputy Prime Minister and Minister of Investment and Foreign Trade of Uzbekistan. The meeting was attended by officials from both sides.The discussions focused on the relations between the UAE and Uzbekistan and opportunities to expand bilate...

Abu Dhabi:11 Nov 2020

His Excellency Mohammad Saif Al Suwaidi, Director General of the Abu Dhabi Fund for Development (ADFD), held a meeting with His Excellency Sardar Omar Zakov, Deputy Prime Minister and Minister of Investment and Foreign Trade of Uzbekistan. The meeting was attended by officials from both sides.The discussions focused on the relations between the UAE and Uzbekistan and opportunities to expand bilate...

Abu Dhabi:10 Sep 2020

Abu Dhabi Tourism Investment Company (ADTIC), where Abu Dhabi Fund for Development (ADFD) has 84.3 per cent stake, has announced a major hotel refurbishment project in Egypt. Aimed at providing a momentum to the tourism and hospitality industry, one of the country's leading economic sectors, the initiative will be implemented throughout next year.Commenting on the project, His Excellency Mohammed ...

Abu Dhabi:10 Sep 2020

Abu Dhabi Tourism Investment Company (ADTIC), where Abu Dhabi Fund for Development (ADFD) has 84.3 per cent stake, has announced a major hotel refurbishment project in Egypt. Aimed at providing a momentum to the tourism and hospitality industry, one of the country's leading economic sectors, the initiative will be implemented throughout next year.Commenting on the project, His Excellency Mohammed ...

Abu Dhabi:06 Sep 2020

The 10-megawatt solar photovoltaic plant, which was inaugurated in Cuba last year, has recently received a capacity boost to 15MW. The grid-connected project, financed by Abu Dhabi Fund for Development (ADFD), one of Abu Dhabi’s leading financial institutions, currently supplies enough electricity for an estimated 10,000 homes.The funding is part of ADFD’s commitment of US$350 million to support r...

Abu Dhabi:06 Sep 2020

The 10-megawatt solar photovoltaic plant, which was inaugurated in Cuba last year, has recently received a capacity boost to 15MW. The grid-connected project, financed by Abu Dhabi Fund for Development (ADFD), one of Abu Dhabi’s leading financial institutions, currently supplies enough electricity for an estimated 10,000 homes.The funding is part of ADFD’s commitment of US$350 million to support r...

Abu Dhabi:03 Sep 2020

The world this year has witnessed an unprecedented upheaval, the effect of which will continue to be felt for years. In addition to creating the biggest health crisis in modern times, it has brought about chaos in society, environment and individual lives, with millions having lost their jobs and millions more facing the prospect of their livelihoods being shattered as the global economy decelerat...

Abu Dhabi:03 Sep 2020

The world this year has witnessed an unprecedented upheaval, the effect of which will continue to be felt for years. In addition to creating the biggest health crisis in modern times, it has brought about chaos in society, environment and individual lives, with millions having lost their jobs and millions more facing the prospect of their livelihoods being shattered as the global economy decelerat...

Abu Dhabi:12 Jul 2020

Abu Dhabi Fund for Development (ADFD), the leading national entity that supports sustainable economic development at home and abroad,  has announced a significant initiative whereby it has decided to suspend debt service repayments during 2020 for eligible countries, as well as individual businesses, in the developing world upon request for forbearance. The sole objective behind the decision ...

Abu Dhabi:12 Jul 2020

Abu Dhabi Fund for Development (ADFD), the leading national entity that supports sustainable economic development at home and abroad,  has announced a significant initiative whereby it has decided to suspend debt service repayments during 2020 for eligible countries, as well as individual businesses, in the developing world upon request for forbearance. The sole objective behind the decision ...

Abu Dhabi:08 Jul 2020

Dubai Exports announced they will co-host the UAE's major virtual international buyers forum in the COVID-19 era in partnership with Abu Dhabi Exports Office (ADEX) and Etihad Credit Insurance (ECI) in a unified effort to boost the emirate's export economy and increase foreign business to drive economic recovery for Dubai businesses.The announcement of the forum which will be held on July 21st, 20...

Abu Dhabi:08 Jul 2020

Dubai Exports announced they will co-host the UAE's major virtual international buyers forum in the COVID-19 era in partnership with Abu Dhabi Exports Office (ADEX) and Etihad Credit Insurance (ECI) in a unified effort to boost the emirate's export economy and increase foreign business to drive economic recovery for Dubai businesses.The announcement of the forum which will be held on July 21st, 20...

Abu Dhabi:01 Jul 2020

Since kicking off the Abu Dhabi Exports Office (ADEX) strategic partnership initiative just a few months ago, we’ve had direct conversations with thousands of business leaders from the public and private sector across the UAE. Two very important key learnings have come from those conversations.First, the UAE export community is primed to lead the COVID-19 economic recovery and far beyond as we loo...

Abu Dhabi:01 Jul 2020

Since kicking off the Abu Dhabi Exports Office (ADEX) strategic partnership initiative just a few months ago, we’ve had direct conversations with thousands of business leaders from the public and private sector across the UAE. Two very important key learnings have come from those conversations.First, the UAE export community is primed to lead the COVID-19 economic recovery and far beyond as we loo...

Abu Dhabi:23 Jun 2020

His Excellency Mohammed Saif Al Suwaidi, Director General of Abu Dhabi Fund for Development (ADFD), held a virtual meeting with Merdan Annadurdyyev, Chairman of the Board of the Central Bank of Turkmenistan, and other officials from different entities of the country.The two sides reviewed their strong relations that led to Turkmenistan benefiting over the years from ADFD’s funding of major develop...

Abu Dhabi:23 Jun 2020

His Excellency Mohammed Saif Al Suwaidi, Director General of Abu Dhabi Fund for Development (ADFD), held a virtual meeting with Merdan Annadurdyyev, Chairman of the Board of the Central Bank of Turkmenistan, and other officials from different entities of the country.The two sides reviewed their strong relations that led to Turkmenistan benefiting over the years from ADFD’s funding of major develop...

Abu Dhabi:09 Jun 2020

His Excellency Mohammed Saif Al Suwaidi, Director General of Abu Dhabi Fund for Development (ADFD), held a virtual meeting with Her Excellency Marta Lucía Ramírez, Vice President of Colombia. The discussions focused on relations between the UAE and Colombia and ways to enhance them. Attended by HE Salem Rashid Al Owais, UAE’s Ambassador to Colombia; and HE Jaime Amin, the Ambassador of Colombia to...

Abu Dhabi:09 Jun 2020

His Excellency Mohammed Saif Al Suwaidi, Director General of Abu Dhabi Fund for Development (ADFD), held a virtual meeting with Her Excellency Marta Lucía Ramírez, Vice President of Colombia. The discussions focused on relations between the UAE and Colombia and ways to enhance them. Attended by HE Salem Rashid Al Owais, UAE’s Ambassador to Colombia; and HE Jaime Amin, the Ambassador of Colombia to...

Abu Dhabi:03 Jun 2020

Abu Dhabi Exports Office (ADEX) and the Sharjah Chamber of Commerce and Industry (SCCI) are partnering together on a strategic initiative to help boost exports from one of the leading manufacturing hubs in the region that provides a significant contribution to the UAE’s GDP. ADEX, the UAE-wide export financing entity founded by Abu Dhabi Fund for Development (ADFD), and SCCI, represented by the Sh...

Abu Dhabi:03 Jun 2020

Abu Dhabi Exports Office (ADEX) and the Sharjah Chamber of Commerce and Industry (SCCI) are partnering together on a strategic initiative to help boost exports from one of the leading manufacturing hubs in the region that provides a significant contribution to the UAE’s GDP. ADEX, the UAE-wide export financing entity founded by Abu Dhabi Fund for Development (ADFD), and SCCI, represented by the Sh...

Abu Dhabi:31 May 2020

Abu Dhabi Fund for Development (ADFD), the UAE’s leading national entity spearheading global development projects, has announced an AED 1 billion initiative to support national companies during the Covid-19 pandemic. The initiative, which lasts for the duration of 2020, provides concessionary loans for national companies operating in sectors crucial to the UAE economy – such as healthcare, food se...

Abu Dhabi:31 May 2020

Abu Dhabi Fund for Development (ADFD), the UAE’s leading national entity spearheading global development projects, has announced an AED 1 billion initiative to support national companies during the Covid-19 pandemic. The initiative, which lasts for the duration of 2020, provides concessionary loans for national companies operating in sectors crucial to the UAE economy – such as healthcare, food se...

Abu Dhabi:28 May 2020

As part of the urgent aid package pledged by the UAE to support Sudan, Abu Dhabi Fund for Development (ADFD) announced that it has delivered the third shipment of classroom seating supplies to Sudan. Catering to the needs of 150,000 students across the country, the support aims to help Sudan advance its educational infrastructure. Taking the total value of assistance provided by ADFD to support th...

Abu Dhabi:28 May 2020

As part of the urgent aid package pledged by the UAE to support Sudan, Abu Dhabi Fund for Development (ADFD) announced that it has delivered the third shipment of classroom seating supplies to Sudan. Catering to the needs of 150,000 students across the country, the support aims to help Sudan advance its educational infrastructure. Taking the total value of assistance provided by ADFD to support th...

Abu Dhabi:21 May 2020

As part of the urgent aid package pledged by the UAE to the people of Sudan, Abu Dhabi Fund for Development (ADFD) announced the delivery of its third aid package of pharmaceutical and medical supplies to the Government of Sudan to support the country’s healthcare sector.The third shipment was delivered in coordination with the Embassy of the United Arab Emirates in Khartoum and the Sudanese gover...

Abu Dhabi:21 May 2020

Abu Dhabi Fund for Development has joined the Arab Coordination Group (ACG) Institutions’ US$10 billion commitment to help developing countries respond to the Covid-19 pandemic and help their economic recovery.The support, agreed at a virtual ACG meeting on May 18,  will initially focus on helping developing countries obtain the medical supplies and protective equipment they need. It will als...

Abu Dhabi:21 May 2020

As part of the urgent aid package pledged by the UAE to the people of Sudan, Abu Dhabi Fund for Development (ADFD) announced the delivery of its third aid package of pharmaceutical and medical supplies to the Government of Sudan to support the country’s healthcare sector.The third shipment was delivered in coordination with the Embassy of the United Arab Emirates in Khartoum and the Sudanese gover...

Abu Dhabi:21 May 2020

Abu Dhabi Fund for Development has joined the Arab Coordination Group (ACG) Institutions’ US$10 billion commitment to help developing countries respond to the Covid-19 pandemic and help their economic recovery.The support, agreed at a virtual ACG meeting on May 18,  will initially focus on helping developing countries obtain the medical supplies and protective equipment they need. It will als...

Abu Dhabi:12 May 2020

Etihad Credit Insurance (ECI), the UAE Federal export credit company, and Abu Dhabi Exports Office (ADEX), the UAE-wide export financing entity founded by Abu Dhabi Fund for Development, announced today a strategic alliance to help UAE exporters overcome the most pressing challenges they face in the current economic climate.  ADEX and ECI will combine their highly complementary suite of finan...

Abu Dhabi:12 May 2020

Etihad Credit Insurance (ECI), the UAE Federal export credit company, and Abu Dhabi Exports Office (ADEX), the UAE-wide export financing entity founded by Abu Dhabi Fund for Development, announced today a strategic alliance to help UAE exporters overcome the most pressing challenges they face in the current economic climate.  ADEX and ECI will combine their highly complementary suite of finan...

Abu Dhabi:05 May 2020

As part of the urgent aid package pledged by the UAE to the people of Sudan, Abu Dhabi Fund for Development (ADFD) announced the delivery of AED75 million (US$20 million) worth pharmaceutical and medical supplies to the Government of Sudan to support the country’s healthcare sector. The supplies were dispatched in coordination with the Embassy of the UAE in Khartoum and the Government of Suda...

Abu Dhabi:05 May 2020

As part of the urgent aid package pledged by the UAE to the people of Sudan, Abu Dhabi Fund for Development (ADFD) announced the delivery of AED75 million (US$20 million) worth pharmaceutical and medical supplies to the Government of Sudan to support the country’s healthcare sector. The supplies were dispatched in coordination with the Embassy of the UAE in Khartoum and the Government of Suda...

Abu Dhabi:28 Apr 2020

By His Excellency Mohammed Saif Al Suwaidi, Director General of Abu Dhabi Fund for Development and Chairman of the Export Executive Committee of Abu Dhabi Exports OfficeGovernment leaders across the UAE have taken quick and decisive action to mobilize all necessary public and private resources to efficiently and effectively contain the spread of coronavirus, protect the nation’s people and provide...

Abu Dhabi:28 Apr 2020

By His Excellency Mohammed Saif Al Suwaidi, Director General of Abu Dhabi Fund for Development and Chairman of the Export Executive Committee of Abu Dhabi Exports OfficeGovernment leaders across the UAE have taken quick and decisive action to mobilize all necessary public and private resources to efficiently and effectively contain the spread of coronavirus, protect the nation’s people and provide...

Abu Dhabi:19 Mar 2020

The Abu Dhabi Fund for Development (ADFD) has provided Sudan with agricultural supplies worth AED40 million (US$10.8 million) as part of the UAE’s support for the agricultural sector in Sudan. The support includes the provision of nine million bags for packaging agricultural products and crops. The first shipment comprising 3,315,000 packaging bags has been delivered to the Sudanese government in...

Abu Dhabi:19 Mar 2020

The Abu Dhabi Fund for Development (ADFD) has provided Sudan with agricultural supplies worth AED40 million (US$10.8 million) as part of the UAE’s support for the agricultural sector in Sudan. The support includes the provision of nine million bags for packaging agricultural products and crops. The first shipment comprising 3,315,000 packaging bags has been delivered to the Sudanese government in...

Abu Dhabi:03 Mar 2020

His Excellency Mohammed Saif Al Suwaidi, Director General of Abu Dhabi Fund for Development (ADFD), welcomed a visiting high-level delegation from Malawi, led by His Excellency Ralph Pachalo Jooma, Malawi’s Minister of Transport and Public Works, at the Fund’s headquarters in Abu Dhabi. His Excellency Khalifa Al Qubaisi, Deputy Director General of ADFD, and several high-ranking officials from the ...

Abu Dhabi:03 Mar 2020

His Excellency Mohammed Saif Al Suwaidi, Director General of Abu Dhabi Fund for Development (ADFD), welcomed a visiting high-level delegation from Malawi, led by His Excellency Ralph Pachalo Jooma, Malawi’s Minister of Transport and Public Works, at the Fund’s headquarters in Abu Dhabi. His Excellency Khalifa Al Qubaisi, Deputy Director General of ADFD, and several high-ranking officials from the ...

Abu Dhabi:17 Feb 2020

The newly established Abu Dhabi Exports Office (ADEX) and the Abu Dhabi Chamber of Commerce and Industry (Abu Dhabi Chamber) have signed a memorandum of understanding (MoU) to cooperate on a series of initiatives. Through the partnership, the two entities aim to leverage the innovative financial products and services offered by ADEX to elevate the international reputation of the UAE as a valuable ...

Abu Dhabi:17 Feb 2020

The newly established Abu Dhabi Exports Office (ADEX) and the Abu Dhabi Chamber of Commerce and Industry (Abu Dhabi Chamber) have signed a memorandum of understanding (MoU) to cooperate on a series of initiatives. Through the partnership, the two entities aim to leverage the innovative financial products and services offered by ADEX to elevate the international reputation of the UAE as a valuable ...

Abu Dhabi:11 Feb 2020

Abu Dhabi Fund for Development (ADFD), the leading national entity for sustainable economic development, today signed a Memorandum of Understanding (MoU) with the United States International Development Finance Corporation (DFC), an independent agency of the Government of the United States of America. The areas of collaboration outlined by the MoU include the exchange of knowledge and expertise be...

Abu Dhabi:11 Feb 2020

Abu Dhabi Fund for Development (ADFD), the leading national entity for sustainable economic development, today signed a Memorandum of Understanding (MoU) with the United States International Development Finance Corporation (DFC), an independent agency of the Government of the United States of America. The areas of collaboration outlined by the MoU include the exchange of knowledge and expertise be...

Abu Dhabi:03 Feb 2020

His Excellency Mohammed Saif Al Suwaidi, Director General of Abu Dhabi Fund for Development (ADFD), delivered today a lecture at Majlis Al Manhal titled “Abu Dhabi Fund for Development: Pioneering and Sustainable Development”. The lecture organized by the Majalis Affairs Office at Abu Dhabi Crown Prince’s Court and witnessed the presence of His Excellency Ahmad Jumaa Al Zaabi, Minister of the ...

Abu Dhabi:03 Feb 2020

His Excellency Mohammed Saif Al Suwaidi, Director General of Abu Dhabi Fund for Development (ADFD), delivered today a lecture at Majlis Al Manhal titled “Abu Dhabi Fund for Development: Pioneering and Sustainable Development”. The lecture organized by the Majalis Affairs Office at Abu Dhabi Crown Prince’s Court and witnessed the presence of His Excellency Ahmad Jumaa Al Zaabi, Minister of the ...

Abu Dhabi:28 Jan 2020

Abu Dhabi Fund for Development, the leading national entity for economic development aid, confirmed the delivery of the second shipment of educational supplies and classroom equipment to Sudan, to cover the needs of 240,000 students. The second shipment falls within the framework of the UAE’s commitment of AED55 million (US$15 million), to fund the purchase of school supplies catering to 400,000 s...

Abu Dhabi:28 Jan 2020

Abu Dhabi Fund for Development, the leading national entity for economic development aid, confirmed the delivery of the second shipment of educational supplies and classroom equipment to Sudan, to cover the needs of 240,000 students. The second shipment falls within the framework of the UAE’s commitment of AED55 million (US$15 million), to fund the purchase of school supplies catering to 400,000 s...

Abu Dhabi:20 Jan 2020

His Excellency Mohammed Saif Al Suwaidi, Director General of Abu Dhabi Fund for Development (ADFD), today welcomed a visiting high-level delegation from Ethiopia, led by Her Excellency Muferiat Kamil, Ethiopia’s Minister of Peace, at the Fund’s headquarters in Abu Dhabi. His Excellency Khalifa Al Qubaisi, Deputy Director General of ADFD, and several high-ranking officials from the two sides, also ...

Abu Dhabi:20 Jan 2020

His Excellency Mohammed Saif Al Suwaidi, Director General of Abu Dhabi Fund for Development (ADFD), today welcomed a visiting high-level delegation from Ethiopia, led by Her Excellency Muferiat Kamil, Ethiopia’s Minister of Peace, at the Fund’s headquarters in Abu Dhabi. His Excellency Khalifa Al Qubaisi, Deputy Director General of ADFD, and several high-ranking officials from the two sides, also ...

Abu Dhabi:19 Jan 2020

Abu Dhabi Fund for Development (ADFD), the leading national entity for economic development aid, today signed an agreement detailing the UAE’s capital contribution of US$20 million (AED73 million) to the Arab Gulf Programme for Development (AGFUND). As one of the founding countries of AGFUND, the UAE has supported the programme’s objectives, goals and activities since 1982. To date, the UAE’s tot...

Abu Dhabi:19 Jan 2020

Abu Dhabi Fund for Development (ADFD), the leading national entity for economic development aid, today signed an agreement detailing the UAE’s capital contribution of US$20 million (AED73 million) to the Arab Gulf Programme for Development (AGFUND). As one of the founding countries of AGFUND, the UAE has supported the programme’s objectives, goals and activities since 1982. To date, the UAE’s tot...

Abu Dhabi:13 Jan 2020

Abu Dhabi Fund for Development (ADFD), the leading national entity for economic development aid, today confirmed the allocation of approximately US$105 million for eight renewable energy projects under the seventh cycle of its partnership with the International Renewable Energy Agency (IRENA). The IRENA/ADFD Project Facility announcement marks a record level of funding for any cycle since the Fac...

Abu Dhabi:13 Jan 2020

Abu Dhabi Fund for Development (ADFD), the leading national entity for economic development aid, today formalised three loan agreements valued at US$33 million (AED121 million) with the Governments of Togo, Niger and Liberia. The agreements were signed in Abu Dhabi during the 10th Session of the International Renewable Energy Agency (IRENA) Assembly. His Excellency Mohammed Saif Al Suwaidi, Direc...

Abu Dhabi:13 Jan 2020

Abu Dhabi Fund for Development (ADFD), the leading national entity for economic development aid, today confirmed the allocation of approximately US$105 million for eight renewable energy projects under the seventh cycle of its partnership with the International Renewable Energy Agency (IRENA). The IRENA/ADFD Project Facility announcement marks a record level of funding for any cycle since the Fac...

Abu Dhabi:13 Jan 2020

Abu Dhabi Fund for Development (ADFD), the leading national entity for economic development aid, today formalised three loan agreements valued at US$33 million (AED121 million) with the Governments of Togo, Niger and Liberia. The agreements were signed in Abu Dhabi during the 10th Session of the International Renewable Energy Agency (IRENA) Assembly. His Excellency Mohammed Saif Al Suwaidi, Direc...

Abu Dhabi:21 Dec 2019

Abu Dhabi Fund for Development (ADFD), the leading national entity for economic development aid, approved a concessionary loan worth AED55 million (US$15 million) for the Olama-Kribi Road project in Cameroon. To be constructed in line with international safety standards, the 204-kilometre road will link the capital Yaoundé to Kribi – one of the largest seaports in the country. Aimed at enhancing...

Abu Dhabi:21 Dec 2019

Abu Dhabi Fund for Development (ADFD), the leading national entity for economic development aid, approved a concessionary loan worth AED55 million (US$15 million) for the Olama-Kribi Road project in Cameroon. To be constructed in line with international safety standards, the 204-kilometre road will link the capital Yaoundé to Kribi – one of the largest seaports in the country. Aimed at enhancing...

Abu Dhabi:17 Dec 2019

Abu Dhabi Fund for Development (ADFD), the leading national entity for economic development aid, has earmarked a government grant worth US$5 million (AED18.3 million) for a vital project that aims to enhance social services for the Liberian population. Located in the capital Monrovia, the grant will support the development of modern integrated sports and leisure infrastructure. The scope of the p...

Abu Dhabi:17 Dec 2019

Abu Dhabi Fund for Development (ADFD), the leading national entity for economic development aid, has earmarked a government grant worth US$5 million (AED18.3 million) for a vital project that aims to enhance social services for the Liberian population. Located in the capital Monrovia, the grant will support the development of modern integrated sports and leisure infrastructure. The scope of the p...

Abu Dhabi:16 Dec 2019

The UAE today confirmed the allocation of AED55 million (US$15 million) for school supplies to Sudan. Supporting 400,000 students in Sudanese schools, the monetary aid, provided by Abu Dhabi Fund for Development (ADFD), the leading national entity for economic development aid, covers educational necessities including classroom equipment. ADFD in cooperation with the Sudanese government, supervise...

Abu Dhabi:16 Dec 2019

The UAE today confirmed the allocation of AED55 million (US$15 million) for school supplies to Sudan. Supporting 400,000 students in Sudanese schools, the monetary aid, provided by Abu Dhabi Fund for Development (ADFD), the leading national entity for economic development aid, covers educational necessities including classroom equipment. ADFD in cooperation with the Sudanese government, supervise...

Abu Dhabi:12 Dec 2019

Abu Dhabi Fund for Development (ADFD), the leading national entity for economic development aid, contributed US$10 million (AED36.7 million) towards the development of the Samandini Dam in Burkina Faso. Supporting the country’s strategic objectives, the funded project is part of the Samandini Basin Development Programme that aims to promote sustainable growth in rural areas and improve living cond...

Abu Dhabi:12 Dec 2019

Abu Dhabi Fund for Development (ADFD), the leading national entity for economic development aid, contributed US$10 million (AED36.7 million) towards the development of the Samandini Dam in Burkina Faso. Supporting the country’s strategic objectives, the funded project is part of the Samandini Basin Development Programme that aims to promote sustainable growth in rural areas and improve living cond...

Abu Dhabi:28 Nov 2019

Abu Dhabi Fund for Development (ADFD), the leading national entity for economic development aid, celebrated the 48th UAE National Day with a series of activities that paid tribute to the many achievements of the founding father of the UAE, late Sheikh Zayed bin Sultan Al Nahyan, and reflected the country’s rich heritage and values. On the occasion, His Excellency Mohammed Saif Al Suwaidi, Directo...

Abu Dhabi:28 Nov 2019

Abu Dhabi Fund for Development (ADFD), the leading national entity for economic development aid, celebrated the 48th UAE National Day with a series of activities that paid tribute to the many achievements of the founding father of the UAE, late Sheikh Zayed bin Sultan Al Nahyan, and reflected the country’s rich heritage and values. On the occasion, His Excellency Mohammed Saif Al Suwaidi, Directo...

Abu Dhabi:27 Nov 2019

His Excellency Mohammed Saif Al Suwaidi, Director General of Abu Dhabi Fund for Development (ADFD) and Chairman of the Executive Committee of the Abu Dhabi Exports Office (ADEX), chaired the first ADEX Executive Committee meeting for 2019. Drawing the participation of members of the executive committee, the meeting approved financing procedures, and discussed the ADEX 2020 annual operational fra...

Abu Dhabi:27 Nov 2019

His Excellency Mohammed Saif Al Suwaidi, Director General of Abu Dhabi Fund for Development (ADFD) and Chairman of the Executive Committee of the Abu Dhabi Exports Office (ADEX), chaired the first ADEX Executive Committee meeting for 2019. Drawing the participation of members of the executive committee, the meeting approved financing procedures, and discussed the ADEX 2020 annual operational fra...

Abu Dhabi:26 Nov 2019

His Excellency Mohammed Saif Al Suwaidi, Director General of Abu Dhabi Fund for Development (ADFD), received Zambian President His Excellency Edgar Lungu, at the Fund’s headquarters in Abu Dhabi to discuss the strengthening of relations between the UAE and Zambia across areas of mutual interest. Coinciding with President Lungu’s two-day state visit to the UAE, the meeting also examined ways of dr...

Abu Dhabi:26 Nov 2019

His Excellency Mohammed Saif Al Suwaidi, Director General of Abu Dhabi Fund for Development (ADFD), received Zambian President His Excellency Edgar Lungu, at the Fund’s headquarters in Abu Dhabi to discuss the strengthening of relations between the UAE and Zambia across areas of mutual interest. Coinciding with President Lungu’s two-day state visit to the UAE, the meeting also examined ways of dr...

Abu Dhabi:20 Nov 2019

Abu Dhabi Fund for Development (ADFD), the leading national entity for economic development aid, attended the official opening ceremony of the Social Housing Project in the Seychelles. ADFD allocated US$9 million (AED33 million) towards the strategic venture that spans three residential areas on Mahé – the largest and most populated island in the archipelago. Aimed at increasing the supply of affo...

Abu Dhabi:20 Nov 2019

Abu Dhabi Fund for Development (ADFD), the leading national entity for economic development aid, attended the official opening ceremony of the Social Housing Project in the Seychelles. ADFD allocated US$9 million (AED33 million) towards the strategic venture that spans three residential areas on Mahé – the largest and most populated island in the archipelago. Aimed at increasing the supply of affo...

Abu Dhabi:09 Nov 2019

Abu Dhabi Fund for Development (ADFD), the leading national entity for economic development aid, participated in the foundation stone laying ceremony of the Gudele General Hospital in South Sudan. ADFD allocated AED37 million (US$10 million) towards the strategic healthcare project – located in the capital Juba. The 60-bed hospital will cater to the residents of Juba and adjacent areas, meeting gr...

Abu Dhabi:09 Nov 2019

Abu Dhabi Fund for Development (ADFD), the leading national entity for economic development aid, participated in the foundation stone laying ceremony of the Gudele General Hospital in South Sudan. ADFD allocated AED37 million (US$10 million) towards the strategic healthcare project – located in the capital Juba. The 60-bed hospital will cater to the residents of Juba and adjacent areas, meeting gr...

Abu Dhabi:06 Nov 2019

As part of its mission to raise awareness about the importance of sustainable development funding, Abu Dhabi Fund for Development (ADFD), the leading national entity for economic development aid, delivered an educational lecture at Abu Dhabi University (ADU). The talk highlighted the Fund’s crucial role in promoting sustainable socio-economic development in the UAE and abroad. Speaking on the occ...

Abu Dhabi:06 Nov 2019

As part of its mission to raise awareness about the importance of sustainable development funding, Abu Dhabi Fund for Development (ADFD), the leading national entity for economic development aid, delivered an educational lecture at Abu Dhabi University (ADU). The talk highlighted the Fund’s crucial role in promoting sustainable socio-economic development in the UAE and abroad. Speaking on the occ...

Abu Dhabi:03 Nov 2019

ADFD the leading national entity for financial development aid, today joined the UAE community in celebrating the UAE Flag Day with traditional fervour. ADFD employees gathered around the flagpole in front of the Fund’s headquarters, where at 11am, His Excellency Mohammed Saif Al Suwaidi, Director General of ADFD, raised the UAE flag to the accompaniment of the national anthem. On the occasion, H...

Abu Dhabi:03 Nov 2019

ADFD the leading national entity for financial development aid, today joined the UAE community in celebrating the UAE Flag Day with traditional fervour. ADFD employees gathered around the flagpole in front of the Fund’s headquarters, where at 11am, His Excellency Mohammed Saif Al Suwaidi, Director General of ADFD, raised the UAE flag to the accompaniment of the national anthem. On the occasion, H...

Abu Dhabi:21 Oct 2019

In line with its priority to raise awareness about the importance of sustainable development funding, Abu Dhabi Fund for Development (ADFD), the leading national entity for international development aid, hosted a lecture at Al Ain University (AAU). Drawing the participation of AAU students and faculty, the lecture outlined the Fund’s role in promoting sustainable development in the UAE and abroad...

Abu Dhabi:21 Oct 2019

In line with its priority to raise awareness about the importance of sustainable development funding, Abu Dhabi Fund for Development (ADFD), the leading national entity for international development aid, hosted a lecture at Al Ain University (AAU). Drawing the participation of AAU students and faculty, the lecture outlined the Fund’s role in promoting sustainable development in the UAE and abroad...

Abu Dhabi:10 Oct 2019

The UAE and Saudi Arabia today confirmed that the fourth shipment comprising 200,000 tonnes of wheat has been dispatched to Sudan, fulfilling their commitment to providing 540,000 tonnes of wheat to enhance food security in Sudan over a three- month period. Meeting the population’s demand for this important commodity, the UAE and Saudi Arabia shipped two batches of wheat totalling 140,000 tonnes ...

Abu Dhabi:10 Oct 2019

The UAE and Saudi Arabia today confirmed that the fourth shipment comprising 200,000 tonnes of wheat has been dispatched to Sudan, fulfilling their commitment to providing 540,000 tonnes of wheat to enhance food security in Sudan over a three- month period. Meeting the population’s demand for this important commodity, the UAE and Saudi Arabia shipped two batches of wheat totalling 140,000 tonnes ...

Abu Dhabi:27 Sep 2019

Abu Dhabi Fund for Development (ADFD) signed a Memorandum of Understanding (MoU) with the Government of Zanzibar in the Federal Republic of Tanzania to provide AED37 million (US$10 million) towards the development of Wete Hospital on Pemba Island in Zanzibar. The MoU was signed by Mohammed Saif Al Suwaidi, ADFD Director General and Mohammed Ramia Abdiwawa, Minister of Finance and Planning in the r...

Abu Dhabi:27 Sep 2019

Abu Dhabi Fund for Development (ADFD) signed a Memorandum of Understanding (MoU) with the Government of Zanzibar in the Federal Republic of Tanzania to provide AED37 million (US$10 million) towards the development of Wete Hospital on Pemba Island in Zanzibar. The MoU was signed by Mohammed Saif Al Suwaidi, ADFD Director General and Mohammed Ramia Abdiwawa, Minister of Finance and Planning in the r...

Abu Dhabi:25 Sep 2019

His Excellency Mohammed Saif Al Suwaidi, Director General of Abu Dhabi Fund for Development (ADFD), met with His Excellency Sardor Umurzakov, Minister of Investments and Foreign Trade of Uzbekistan, to discuss the strengthening of relations between the UAE and Uzbekistan across various fields of mutual interest. The meeting also examined ways of bolstering investment and economic cooperation betwe...

Abu Dhabi:25 Sep 2019

His Excellency Mohammed Saif Al Suwaidi, Director General of Abu Dhabi Fund for Development (ADFD), met with His Excellency Sardor Umurzakov, Minister of Investments and Foreign Trade of Uzbekistan, to discuss the strengthening of relations between the UAE and Uzbekistan across various fields of mutual interest. The meeting also examined ways of bolstering investment and economic cooperation betwe...

Abu Dhabi:09 Sep 2019

Under the patronage of H.H. Sheikh Mansour bin Zayed Al Nahyan, Deputy Prime Minister and Minister of Presidential Affairs and Chairman of the Board of Directors at Abu Dhabi Fund for Development, H.H. Sheikh Abdullah bin Zayed Al Nahyan, Minister of Foreign Affairs and International Cooperation, today announced the launch of the Abu Dhabi Exports Office (ADEX). Established by ADFD, ADEX aims to s...

Abu Dhabi:09 Sep 2019

Under the patronage of H.H. Sheikh Mansour bin Zayed Al Nahyan, Deputy Prime Minister and Minister of Presidential Affairs and Chairman of the Board of Directors at Abu Dhabi Fund for Development, H.H. Sheikh Abdullah bin Zayed Al Nahyan, Minister of Foreign Affairs and International Cooperation, today announced the launch of the Abu Dhabi Exports Office (ADEX). Established by ADFD, ADEX aims to s...

Abu Dhabi:28 Aug 2019

Abu Dhabi Fund for Development (ADFD), the leading national entity for international development aid, celebrated the fifth annual Emirati Women’s Day, themed ‘Emirati Women: Icons of Tolerance’ in line with the UAE’s Year of Tolerance, with an inspirational seminar. The seminar featured two successful Emirati women –Dr. Engineer Suaad Al Shamsi, First UAE aviation engineer, and Amani Al Hosani...

Abu Dhabi:28 Aug 2019

Abu Dhabi Fund for Development (ADFD), the leading national entity for international development aid, celebrated the fifth annual Emirati Women’s Day, themed ‘Emirati Women: Icons of Tolerance’ in line with the UAE’s Year of Tolerance, with an inspirational seminar. The seminar featured two successful Emirati women –Dr. Engineer Suaad Al Shamsi, First UAE aviation engineer, and Amani Al Hosani...

Abu Dhabi:07 Aug 2019

The UAE and Saudi Arabia have allocated 540,000 tonnes of wheat to the Sudanese people, meeting the population’s basic food requirements for three months. The first and second batch comprising of 140,000 tonnes of wheat have already been shipped. Speaking on the occasion, His Excellency Mohammed Saif Al Suwaidi, Director General of ADFD, said: “The food security support provided to the Sudan...

Abu Dhabi:07 Aug 2019

The UAE and Saudi Arabia have allocated 540,000 tonnes of wheat to the Sudanese people, meeting the population’s basic food requirements for three months. The first and second batch comprising of 140,000 tonnes of wheat have already been shipped. Speaking on the occasion, His Excellency Mohammed Saif Al Suwaidi, Director General of ADFD, said: “The food security support provided to the Sudan...

Abu Dhabi:06 Aug 2019

His Excellency Mohammed Saif Al Suwaidi, Director General of Abu Dhabi Fund for Development (ADFD), the leading national entity for international development aid, today met with a high level delegation from the Republic of Guinea-Bissau led by His Excellency Aristides Gomez, its Prime Minister. The two sides discussed existing bilateral relations and explored ways of building synergies in areas of...

Abu Dhabi:06 Aug 2019

His Excellency Mohammed Saif Al Suwaidi, Director General of Abu Dhabi Fund for Development (ADFD), the leading national entity for international development aid, today met with a high level delegation from the Republic of Guinea-Bissau led by His Excellency Aristides Gomez, its Prime Minister. The two sides discussed existing bilateral relations and explored ways of building synergies in areas of...

Abu Dhabi:29 Jul 2019

Abu Dhabi Fund for Development (ADFD), the leading national entity for international development aid, today received the ISO 31000 – Risk Management certification from the British Standards Institute (BSI). As the first financial institution in the emirate of Abu Dhabi to obtain the accreditation, the ISO 31000 – Risk Management framework will help ADFD accelerate its efforts to achieve its wider ...

Abu Dhabi:29 Jul 2019

Abu Dhabi Fund for Development (ADFD), the leading national entity for international development aid, today received the ISO 31000 – Risk Management certification from the British Standards Institute (BSI). As the first financial institution in the emirate of Abu Dhabi to obtain the accreditation, the ISO 31000 – Risk Management framework will help ADFD accelerate its efforts to achieve its wider ...

Abu Dhabi:17 Jul 2019

His Excellency Mohammed Saif Al Suwaidi, Director General of Abu Dhabi Fund for Development (ADFD), the leading national entity for international development aid, met with a high-level Gambian delegation to the UAE, led by His Excellency Adama Barrow, President of The Gambia, to discuss development funding and investment opportunities in the African country. Delegates included several Gambian mi...

Abu Dhabi:17 Jul 2019

His Excellency Mohammed Saif Al Suwaidi, Director General of Abu Dhabi Fund for Development (ADFD), the leading national entity for international development aid, met with a high-level Gambian delegation to the UAE, led by His Excellency Adama Barrow, President of The Gambia, to discuss development funding and investment opportunities in the African country. Delegates included several Gambian mi...

Abu Dhabi:15 Jul 2019

In a report marking its 48th anniversary, Abu Dhabi Fund for Development (ADFD), the leading national entity for international development aid, announced that it has allocated about AED92 billion in development funding and investments to 90 beneficiary countries. Since its inception on 15 July 1971, the Fund has disbursed AED43 billion in concessionary loans, AED46 billion in UAE government gran...

Abu Dhabi:15 Jul 2019

In a report marking its 48th anniversary, Abu Dhabi Fund for Development (ADFD), the leading national entity for international development aid, announced that it has allocated about AED92 billion in development funding and investments to 90 beneficiary countries. Since its inception on 15 July 1971, the Fund has disbursed AED43 billion in concessionary loans, AED46 billion in UAE government gran...

Abu Dhabi:14 Jul 2019

A UAE delegation attended the fourth annual meeting of the Board of Governors of the Asian Infrastructure Investment Bank (AIIB). Abu Dhabi Fund for Development (ADFD), the leading national entity for international development aid, is mandated to represent the UAE at the Bank’s meetings and events and on its board. Following last year’s event in Mumbai, India, the 2019 meeting ran from 12 to 13 J...

Abu Dhabi:14 Jul 2019

A UAE delegation attended the fourth annual meeting of the Board of Governors of the Asian Infrastructure Investment Bank (AIIB). Abu Dhabi Fund for Development (ADFD), the leading national entity for international development aid, is mandated to represent the UAE at the Bank’s meetings and events and on its board. Following last year’s event in Mumbai, India, the 2019 meeting ran from 12 to 13 J...

Abu Dhabi:06 Jul 2019

Abu Dhabi Fund for Development (ADFD), the leading national entity for international development aid, together with the Cuba’s Ministry of Energy and Mines and International Renewable Energy Agency (IRENA), today inaugurated a new 10 megawatt (MW) solar PV project. The grid-connected project was financed by ADFD with US$15 million under the IRENA/ADFD Project Facility and will deliver enough elect...

Abu Dhabi:06 Jul 2019

Abu Dhabi Fund for Development (ADFD), the leading national entity for international development aid, together with the Cuba’s Ministry of Energy and Mines and International Renewable Energy Agency (IRENA), today inaugurated a new 10 megawatt (MW) solar PV project. The grid-connected project was financed by ADFD with US$15 million under the IRENA/ADFD Project Facility and will deliver enough elect...

Abu Dhabi:04 Jul 2019

A delegation from Abu Dhabi Fund for Development (ADFD), the leading national entity for international development aid, participated in the official inauguration of the final phase of its funded projects in the Albanian capital Tirana, valued at AED240 million (US$65 million) – the Tirana Northern Boulevard and Tirana River Rehabilitation projects. Adel Al Hosani, Director of Operations Departme...

Abu Dhabi:04 Jul 2019

A delegation from Abu Dhabi Fund for Development (ADFD), the leading national entity for international development aid, participated in the official inauguration of the final phase of its funded projects in the Albanian capital Tirana, valued at AED240 million (US$65 million) – the Tirana Northern Boulevard and Tirana River Rehabilitation projects. Adel Al Hosani, Director of Operations Departme...

Abu Dhabi:02 Jul 2019

Abu Dhabi Fund for Development (ADFD), the leading national entity for international economic development aid, has signed two agreements with the Government of Mali. These include an AED918 million (US$250 million) concessionary loan to support the balance of payments in the country as well as an additional concessionary loan of AED110 million (US$30 million) to finance the implementation of phase...

Abu Dhabi:02 Jul 2019

Abu Dhabi Fund for Development (ADFD), the leading national entity for international economic development aid, has signed two agreements with the Government of Mali. These include an AED918 million (US$250 million) concessionary loan to support the balance of payments in the country as well as an additional concessionary loan of AED110 million (US$30 million) to finance the implementation of phase...

Abu Dhabi:01 Jul 2019

Abu Dhabi Fund for Development (ADFD), the leading national entity for international development aid, has earmarked a grant worth AED1.8 million (US$500,000) to support the North-Eastern Federal University (NEFU) in Yakutsk, Russia. Aiming to facilitate scientific research and molecular genetic analysis in the remains of ancient animals, the financial contribution has been allocated to acquire 3...

Abu Dhabi:01 Jul 2019

Abu Dhabi Fund for Development (ADFD), the leading national entity for international development aid, has earmarked a grant worth AED1.8 million (US$500,000) to support the North-Eastern Federal University (NEFU) in Yakutsk, Russia. Aiming to facilitate scientific research and molecular genetic analysis in the remains of ancient animals, the financial contribution has been allocated to acquire 3...

Abu Dhabi:13 Jun 2019

A high-level delegation from Abu Dhabi Fund for Development (ADFD), the leading national entity for international development aid, today participated in the inaugural ceremony of the AED771 million (US$210 million) Petroleum Storage Facilities project in Jordan.Fully financed by ADFD, the funding was made as part of the UAE government’s contribution of AED4.6 billion (US$1.25 billion) in 2013 to t...

Abu Dhabi:13 Jun 2019

A high-level delegation from Abu Dhabi Fund for Development (ADFD), the leading national entity for international development aid, today participated in the inaugural ceremony of the AED771 million (US$210 million) Petroleum Storage Facilities project in Jordan.Fully financed by ADFD, the funding was made as part of the UAE government’s contribution of AED4.6 billion (US$1.25 billion) in 2013 to t...

Abu Dhabi:22 May 2019

Coinciding with Zayed Humanitarian Work Day, Abu Dhabi Fund for Development (ADFD) organised a lecture for its employees entitled ‘Zayed’s Values of Tolerance and Giving’. Delivered by the renowned media expert Fahed Abdullah Heikal, the lecture explained the journey of the late Sheikh Zayed bin Sultan Al Nahyan in cementing the values of tolerance and giving in UAE society. His Excellency Mohamme...

Abu Dhabi:22 May 2019

Coinciding with Zayed Humanitarian Work Day, Abu Dhabi Fund for Development (ADFD) organised a lecture for its employees entitled ‘Zayed’s Values of Tolerance and Giving’. Delivered by the renowned media expert Fahed Abdullah Heikal, the lecture explained the journey of the late Sheikh Zayed bin Sultan Al Nahyan in cementing the values of tolerance and giving in UAE society. His Excellency Mohamme...

Abu Dhabi:11 May 2019

Abu Dhabi Fund for Development (ADFD), the leading national entity for international development aid, delivered a lecture at the Emirates Diplomatic Academy (EDA) in Abu Dhabi, to highlight the Fund’s role in promoting socio-economic development in developing countries. The session also focused on ADFD’s own contribution to achieving the UN’s Sustainable Development Goals (SDGs). Delivered by Fat...

Abu Dhabi:11 May 2019

Abu Dhabi Fund for Development (ADFD), the leading national entity for international development aid, delivered a lecture at the Emirates Diplomatic Academy (EDA) in Abu Dhabi, to highlight the Fund’s role in promoting socio-economic development in developing countries. The session also focused on ADFD’s own contribution to achieving the UN’s Sustainable Development Goals (SDGs). Delivered by Fat...

Abu Dhabi:29 Apr 2019

Under the directives of the UAE President His Highness Sheikh Khalifa bin Zayed Al Nahyan and His Highness Sheikh Mohammed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Deputy Supreme Commander of the UAE Armed Forces, Abu Dhabi Fund for Development (ADFD), the leading national entity for international development aid, announced its plan to deposit US$250 million into the Central Bank of Suda...

Abu Dhabi:29 Apr 2019

Under the directives of the UAE President His Highness Sheikh Khalifa bin Zayed Al Nahyan and His Highness Sheikh Mohammed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Deputy Supreme Commander of the UAE Armed Forces, Abu Dhabi Fund for Development (ADFD), the leading national entity for international development aid, announced its plan to deposit US$250 million into the Central Bank of Suda...

Abu Dhabi:25 Apr 2019

Abu Dhabi Fund for Development (ADFD), the leading national entity for development aid, signed a US$10 million (AED36.7 million) concessionary loan agreement with the Government of Burkina Faso to fund that country’s Rural Electrification Project.In the presence of His Excellency Roch Marc Christian Kaboré, Burkina Faso president, His Excellency Mohammed Saif Al Suwaidi, Director General of ADFD, ...

Abu Dhabi:25 Apr 2019

Abu Dhabi Fund for Development (ADFD), the leading national entity for development aid, signed a US$10 million (AED36.7 million) concessionary loan agreement with the Government of Burkina Faso to fund that country’s Rural Electrification Project.In the presence of His Excellency Roch Marc Christian Kaboré, Burkina Faso president, His Excellency Mohammed Saif Al Suwaidi, Director General of ADFD, ...

Abu Dhabi:08 Apr 2019

From its inception in 1971 until December 2018, Abu Dhabi Fund for Development (ADFD), the leading national entity for international development aid, financed 78 healthcare projects in 16 countries with a total value of AED 4.1 billion.The Fund’s interest in healthcare projects reflects its keenness to support international efforts aimed at achieving the UN’s Sustainable Development Goals, directl...

Abu Dhabi:08 Apr 2019

From its inception in 1971 until December 2018, Abu Dhabi Fund for Development (ADFD), the leading national entity for international development aid, financed 78 healthcare projects in 16 countries with a total value of AED 4.1 billion.The Fund’s interest in healthcare projects reflects its keenness to support international efforts aimed at achieving the UN’s Sustainable Development Goals, directl...

Abu Dhabi:03 Apr 2019

Abu Dhabi Fund for Development (ADFD), the leading national entity for international development aid, today approved US$80 million (AED294 million) in funding to contribute to the economic development of Argentina through supporting a project to fortify the water sector in the province of Santa Fe. ADFD’s concessionary loan will facilitate the expansion of an existing water treatment plant in Desv...

Abu Dhabi:03 Apr 2019

Abu Dhabi Fund for Development (ADFD), the leading national entity for international development aid, today approved US$80 million (AED294 million) in funding to contribute to the economic development of Argentina through supporting a project to fortify the water sector in the province of Santa Fe. ADFD’s concessionary loan will facilitate the expansion of an existing water treatment plant in Desv...

Abu Dhabi:02 Apr 2019

In a bid to support the UAE’s national economy, Abu Dhabi Fund for Development (ADFD), the leading national entity for international development aid, has facilitated business deals worth AED16.5 billion for UAE companies over the last 10 years to implement ADFD-funded projects in developing countries. Capitalising on its close relations with developing countries, the Fund has also invested in part...

Abu Dhabi:02 Apr 2019

In a bid to support the UAE’s national economy, Abu Dhabi Fund for Development (ADFD), the leading national entity for international development aid, has facilitated business deals worth AED16.5 billion for UAE companies over the last 10 years to implement ADFD-funded projects in developing countries. Capitalising on its close relations with developing countries, the Fund has also invested in part...

Abu Dhabi:28 Mar 2019

To coincide with the UAE Month of Reading 2019, a delegation from Abu Dhabi Fund for Development (ADFD), the leading national entity for international development aid, visited a Qasr Al Watan, one of Abu Dhabi’s rich heritage landmarks that was recently opened to the public, and its library which houses unique publications from various disciplines.Headed by His Excellency Mohammed Saif Al Suwaidi,...

Abu Dhabi:28 Mar 2019

To coincide with the UAE Month of Reading 2019, a delegation from Abu Dhabi Fund for Development (ADFD), the leading national entity for international development aid, visited a Qasr Al Watan, one of Abu Dhabi’s rich heritage landmarks that was recently opened to the public, and its library which houses unique publications from various disciplines.Headed by His Excellency Mohammed Saif Al Suwaidi,...

Abu Dhabi:26 Mar 2019

Abu Dhabi Fund for Development (ADFD), the leading national entity for international development aid, has signed three agreements with the Government of Uzbekistan. These include a memorandum of understanding (MoU) to assess the possibility of financing infrastructure projects in Samarkand worth US$300 million, a US$5 million concessionary loan agreement for feasibility studies for the Samarkand i...

Abu Dhabi:26 Mar 2019

Abu Dhabi Fund for Development (ADFD), the leading national entity for international development aid, has signed three agreements with the Government of Uzbekistan. These include a memorandum of understanding (MoU) to assess the possibility of financing infrastructure projects in Samarkand worth US$300 million, a US$5 million concessionary loan agreement for feasibility studies for the Samarkand i...

Abu Dhabi:24 Mar 2019

From its inception in 1971 until December 2018, Abu Dhabi Fund for Development (ADFD), the leading national entity for international development aid, financed 108 water sector projects in 56 countries with a total value of AED8 billion.The Fund’s interest in water and electricity projects reflects its keenness to support international efforts aimed at achieving the UN’s Sustainable Development Goa...

Abu Dhabi:24 Mar 2019

From its inception in 1971 until December 2018, Abu Dhabi Fund for Development (ADFD), the leading national entity for international development aid, financed 108 water sector projects in 56 countries with a total value of AED8 billion.The Fund’s interest in water and electricity projects reflects its keenness to support international efforts aimed at achieving the UN’s Sustainable Development Goa...

Abu Dhabi:19 Mar 2019

Abu Dhabi Fund for Development (ADFD), the leading national entity for international development aid, praised the inauguration of the AED41.5 million (US$11.3 million) Faculty of Medicine and Pharmacy building at the Yarmouk University in Jordan. ADFD contributed US$8.6 million (AED31.6 million) amounting to more than 76 percent of the total project cost. The funding was made as part of the UAE go...

Abu Dhabi:19 Mar 2019

Abu Dhabi Fund for Development (ADFD), the leading national entity for international development aid, praised the inauguration of the AED41.5 million (US$11.3 million) Faculty of Medicine and Pharmacy building at the Yarmouk University in Jordan. ADFD contributed US$8.6 million (AED31.6 million) amounting to more than 76 percent of the total project cost. The funding was made as part of the UAE go...

Abu Dhabi:12 Mar 2019

Abu Dhabi Fund for Development (ADFD), the leading national entity for international development aid, extended a financial contribution to the talent centre at Dar Zayed for Family Care (DZFC), an organisation dedicated to the care of orphans. In line with the Fund’s 2019 corporate social responsibility (CSR) agenda, the endowment seeks to support DZFC in honing the skills and abilities of childre...

Abu Dhabi:12 Mar 2019

Abu Dhabi Fund for Development (ADFD), the leading national entity for international development aid, extended a financial contribution to the talent centre at Dar Zayed for Family Care (DZFC), an organisation dedicated to the care of orphans. In line with the Fund’s 2019 corporate social responsibility (CSR) agenda, the endowment seeks to support DZFC in honing the skills and abilities of childre...

Abu Dhabi:28 Feb 2019

Abu Dhabi Fund for Development (ADFD), the leading national entity for international development aid, has extended a financial contribution to the Higher Colleges of Technology’s Abu Dhabi Men’s College (ADMC) campus for its ‘Al Ibtikar Club’.Aiming to engage ADMC students in innovative and creative activities, the financial support is in line with the Fund’s corporate social responsibility (CSR) ...

Abu Dhabi:28 Feb 2019

Abu Dhabi Fund for Development (ADFD), the leading national entity for international development aid, has extended a financial contribution to the Higher Colleges of Technology’s Abu Dhabi Men’s College (ADMC) campus for its ‘Al Ibtikar Club’.Aiming to engage ADMC students in innovative and creative activities, the financial support is in line with the Fund’s corporate social responsibility (CSR) ...

Abu Dhabi:20 Feb 2019

Abu Dhabi Fund for Development (ADFD), the leading national entity for international development aid, has allocated a grant of AED44 million (US$12 million) to Jerusalem Council for Development and Economic Growth in support of civil and community programmes and activities in East Jerusalem.His Excellency Mohammed Saif Al Suwaidi, Director General of ADFD, and His Excellency Sari Nusseibeh, Chairm...

Abu Dhabi:20 Feb 2019

Abu Dhabi Fund for Development (ADFD), the leading national entity for international development aid, has allocated a grant of AED44 million (US$12 million) to Jerusalem Council for Development and Economic Growth in support of civil and community programmes and activities in East Jerusalem.His Excellency Mohammed Saif Al Suwaidi, Director General of ADFD, and His Excellency Sari Nusseibeh, Chairm...

Abu Dhabi:18 Feb 2019

As part of an annual internal gathering, Abu Dhabi Fund for Development (ADFD), the leading national entity for international development aid, recognised the 2018 winners of the third cycle of the Internal Excellence Award, staff proposals that enhanced the working environment at the Fund, as well as outstanding employees for their achievements. In line with the Abu Dhabi government’s strategy to ...

Abu Dhabi:18 Feb 2019

As part of an annual internal gathering, Abu Dhabi Fund for Development (ADFD), the leading national entity for international development aid, recognised the 2018 winners of the third cycle of the Internal Excellence Award, staff proposals that enhanced the working environment at the Fund, as well as outstanding employees for their achievements. In line with the Abu Dhabi government’s strategy to ...

Abu Dhabi:11 Feb 2019

Abu Dhabi Fund for Development (ADFD), the leading national entity for international development aid, is supporting the seventh edition of the World Government Summit (WGS 2019) as a strategic partner, and participating in several crucial sessions and meetings. At WGS 2019, the Fund was recognised by the Global Council for Sustainable Development Goals for its efforts in achieving the UN’s Sustain...

Abu Dhabi:11 Feb 2019

Abu Dhabi Fund for Development (ADFD), the leading national entity for international development aid, is supporting the seventh edition of the World Government Summit (WGS 2019) as a strategic partner, and participating in several crucial sessions and meetings. At WGS 2019, the Fund was recognised by the Global Council for Sustainable Development Goals for its efforts in achieving the UN’s Sustain...

Abu Dhabi:05 Feb 2019

Abu Dhabi Fund for Development (ADFD), the leading national entity for international development aid, has allocated US$21 million (AED77 million) to finance a specialised ophthalmology hospital in Mauritius as part of its commitment to boosting the healthcare sector in the island nation.His Excellency Mohammed Saif Al Suwaidi, Director General of ADFD, and His Excellency Mohamed Iqbal Latona, Amba...

Abu Dhabi:05 Feb 2019

Abu Dhabi Fund for Development (ADFD), the leading national entity for international development aid, has allocated US$21 million (AED77 million) to finance a specialised ophthalmology hospital in Mauritius as part of its commitment to boosting the healthcare sector in the island nation.His Excellency Mohammed Saif Al Suwaidi, Director General of ADFD, and His Excellency Mohamed Iqbal Latona, Amba...

Abu Dhabi:31 Jan 2019

Abu Dhabi Fund for Development (ADFD), the leading national entity for international development aid, has allocated a government grant worth US$50 million (AED184 million) to support the Comorian government with its development plans. On the sidelines of the visit of a high-ranking UAE delegation to the Comoros – headed by His Excellency Eng Suhail bin Mohammed Faraj Faris Al Mazrouei, UAE Ministe...

Abu Dhabi:31 Jan 2019

Abu Dhabi Fund for Development (ADFD), the leading national entity for international development aid, has allocated a government grant worth US$50 million (AED184 million) to support the Comorian government with its development plans. On the sidelines of the visit of a high-ranking UAE delegation to the Comoros – headed by His Excellency Eng Suhail bin Mohammed Faraj Faris Al Mazrouei, UAE Ministe...

Abu Dhabi:30 Jan 2019

Abu Dhabi Fund for Development (ADFD), the leading national entity for international development aid, today announced the full implementation of the Committee of Sponsoring Organizations of the Treadway Commission (COSO) Internal Control Framework in its operations. As the first government institution in the emirate of Abu Dhabi to roll out the effective system, ADFD confirmed that the framework w...

Abu Dhabi:30 Jan 2019

Abu Dhabi Fund for Development (ADFD), the leading national entity for international development aid, today announced the full implementation of the Committee of Sponsoring Organizations of the Treadway Commission (COSO) Internal Control Framework in its operations. As the first government institution in the emirate of Abu Dhabi to roll out the effective system, ADFD confirmed that the framework w...

Abu Dhabi:27 Jan 2019

Abu Dhabi Fund for Development (ADFD), the leading national entity for international development aid, has financed 129 development projects in the education sector with a total value of AED2.5 billion. Benefiting 14 developing countries, these projects have contributed to achieving the United Nations’ Sustainable Development Goals (SDGs).Through building capabilities and imparting knowledge, the e...

Abu Dhabi:27 Jan 2019

Abu Dhabi Fund for Development (ADFD), the leading national entity for international development aid, has financed 129 development projects in the education sector with a total value of AED2.5 billion. Benefiting 14 developing countries, these projects have contributed to achieving the United Nations’ Sustainable Development Goals (SDGs).Through building capabilities and imparting knowledge, the e...

Abu Dhabi:23 Jan 2019

Abu Dhabi Fund for Development (ADFD), the leading national entity for international development aid, has formalised an US$3 billion (AED11 billion) deposit into the State Bank of Pakistan to support Pakistan’s economic growth and achieve the long-term objectives of its monetary policy.Announced in December 2018, the decision to formalise the deposit was made under the directives of the UAE Presid...

Abu Dhabi:23 Jan 2019

Abu Dhabi Fund for Development (ADFD), the leading national entity for international development aid, has formalised an US$3 billion (AED11 billion) deposit into the State Bank of Pakistan to support Pakistan’s economic growth and achieve the long-term objectives of its monetary policy.Announced in December 2018, the decision to formalise the deposit was made under the directives of the UAE Presid...

Abu Dhabi:20 Jan 2019

From its inception in 1971 up to December 2018, Abu Dhabi Fund for Development (ADFD), the leading national entity for international development aid, has financed hundreds of development projects in the renewable energy sector around the world worth AED4.4 billion (US$1.187 billion). Driving the objectives of the United Nations’ Sustainable Development Goals (SDGs), these projects have contributed...

Abu Dhabi:20 Jan 2019

From its inception in 1971 up to December 2018, Abu Dhabi Fund for Development (ADFD), the leading national entity for international development aid, has financed hundreds of development projects in the renewable energy sector around the world worth AED4.4 billion (US$1.187 billion). Driving the objectives of the United Nations’ Sustainable Development Goals (SDGs), these projects have contributed...

Abu Dhabi:12 Jan 2019

Abu Dhabi Fund for Development (ADFD), the leading national entity for international development aid, today signed a US$10 million (AED36.7 million) concessionary loan agreement with the Government of Mauritius to fund a solar photovoltaic (PV) kits project.  As announced at the eighth session of the IRENA Assembly in January 2018, the project that aims to provide 10,000 solar PV kits to low-...

Abu Dhabi:12 Jan 2019

Abu Dhabi Fund for Development (ADFD), the leading national entity for international development aid, today signed a US$10 million (AED36.7 million) concessionary loan agreement with the Government of Mauritius to fund a solar photovoltaic (PV) kits project.  As announced at the eighth session of the IRENA Assembly in January 2018, the project that aims to provide 10,000 solar PV kits to low-...

Abu Dhabi:12 Jan 2019

Abu Dhabi Fund for Development (ADFD) and the International Renewable Energy Agency (IRENA) today announced the selection of renewable energy projects in Guyana, Liberia and Togo for funding by ADFD,  as part of the sixth cycle of the IRENA/ADFD Project Facility. With ADFD committing US$350 million over seven funding cycles to the IRENA/ADFD Project Facility since 2013, today’s announcement, ...

Abu Dhabi:12 Jan 2019

Abu Dhabi Fund for Development (ADFD) and the International Renewable Energy Agency (IRENA) today announced the selection of renewable energy projects in Guyana, Liberia and Togo for funding by ADFD,  as part of the sixth cycle of the IRENA/ADFD Project Facility. With ADFD committing US$350 million over seven funding cycles to the IRENA/ADFD Project Facility since 2013, today’s announcement, ...

Abu Dhabi:29 Dec 2018

In a tribute to the founding father of the UAE, late Sheikh Zayed bin Sultan Al Nahyan, the Government of Jordan today renamed the AED550 million (US$150 million) Quweira Solar Power Plant, funded by Abu Dhabi Fund for Development (ADFD), as Sheikh Zayed Solar Power Complex. Speaking on the occasion, His Excellency Mohammed Saif Al Suwaidi, Director General of ADFD, said: “The UAE and Jordan e...

Abu Dhabi:29 Dec 2018

In a tribute to the founding father of the UAE, late Sheikh Zayed bin Sultan Al Nahyan, the Government of Jordan today renamed the AED550 million (US$150 million) Quweira Solar Power Plant, funded by Abu Dhabi Fund for Development (ADFD), as Sheikh Zayed Solar Power Complex. Speaking on the occasion, His Excellency Mohammed Saif Al Suwaidi, Director General of ADFD, said: “The UAE and Jordan e...

Abu Dhabi:26 Dec 2018

His Highness Sheikh Mansour bin Zayed Al Nahyan, Deputy Prime Minister, Minister of Presidential Affairs and Chairman of Abu Dhabi Fund for Development’s (ADFD) Board of Directors, today chaired a board meeting of ADFD, the leading national entity for international development aid.Held at the Ministry of Presidential Affairs in Abu Dhabi, the board meeting drew the participation of His Highness Sh...

Abu Dhabi:26 Dec 2018

His Highness Sheikh Mansour bin Zayed Al Nahyan, Deputy Prime Minister, Minister of Presidential Affairs and Chairman of Abu Dhabi Fund for Development’s (ADFD) Board of Directors, today chaired a board meeting of ADFD, the leading national entity for international development aid.Held at the Ministry of Presidential Affairs in Abu Dhabi, the board meeting drew the participation of His Highness Sh...

Abu Dhabi:20 Dec 2018

Abu Dhabi Fund for Development (ADFD), the leading national entity for development aid, today allocated a government grant worth US$50 million (AED184 million) to support the Chadian government in achieving its development goals. The funding will contribute to driving financial stability in the Central African country and fuel the growth of key sectors.  The funding includes the financing of ...

Abu Dhabi:20 Dec 2018

Abu Dhabi Fund for Development (ADFD), the leading national entity for development aid, today allocated a government grant worth US$50 million (AED184 million) to support the Chadian government in achieving its development goals. The funding will contribute to driving financial stability in the Central African country and fuel the growth of key sectors.  The funding includes the financing of ...

Abu Dhabi:16 Dec 2018

Abu Dhabi Fund for Development (ADFD), the leading national entity for international development aid, today announced the completion of a five-day simulation training initiative for its upcoming project, the National Export Programme (NEP). Aiming to bolster efforts to shape a diversified and sustainable national economy, the programme will contribute to enhancing the ability of national exports t...

Abu Dhabi:16 Dec 2018

Abu Dhabi Fund for Development (ADFD), the leading national entity for international development aid, today announced the completion of a five-day simulation training initiative for its upcoming project, the National Export Programme (NEP). Aiming to bolster efforts to shape a diversified and sustainable national economy, the programme will contribute to enhancing the ability of national exports t...

Abu Dhabi:09 Dec 2018

Abu Dhabi Fund for Development (ADFD), the leading national entity for International development aid, hosted a high-level delegation from the Pan-African Parliament at its headquarters in Abu Dhabi to discuss sustained cooperation in achieving the development priorities of the African continent.His Excellency Mohammed Saif Al Suwaidi, Director General of ADFD, His Excellency Roger Nkodo Dang, Pres...

Abu Dhabi:09 Dec 2018

Abu Dhabi Fund for Development (ADFD), the leading national entity for International development aid, hosted a high-level delegation from the Pan-African Parliament at its headquarters in Abu Dhabi to discuss sustained cooperation in achieving the development priorities of the African continent.His Excellency Mohammed Saif Al Suwaidi, Director General of ADFD, His Excellency Roger Nkodo Dang, Pres...

Abu Dhabi:28 Nov 2018

Abu Dhabi Fund for Development (ADFD), the leading national entity for development aid, commemorated the 47th UAE National Day with a series of activities that paid tribute to the many achievements of the founding father of the UAE, late Sheikh Zayed bin Sultan Al Nahyan, and reflected the country’s rich heritage and values.On the occasion, His Excellency Mohammed Saif Al Suwaidi, Director General...

Abu Dhabi:28 Nov 2018

Abu Dhabi Fund for Development (ADFD), the leading national entity for development aid, commemorated the 47th UAE National Day with a series of activities that paid tribute to the many achievements of the founding father of the UAE, late Sheikh Zayed bin Sultan Al Nahyan, and reflected the country’s rich heritage and values.On the occasion, His Excellency Mohammed Saif Al Suwaidi, Director General...

Abu Dhabi:19 Nov 2018

Abu Dhabi Fund for Development has financed the construction of the US$1.5 million Mobile Training Unit. Aiming to enhance the employability of young Guineans in Boké, one of the country’s resource-rich provinces, the Mobile Training Unit falls in-line with the national priorities outlined by the Guinean government.   Funded through the Abu Dhabi government’s US$90 million (AED330 millio...

Abu Dhabi:19 Nov 2018

Abu Dhabi Fund for Development has financed the construction of the US$1.5 million Mobile Training Unit. Aiming to enhance the employability of young Guineans in Boké, one of the country’s resource-rich provinces, the Mobile Training Unit falls in-line with the national priorities outlined by the Guinean government.   Funded through the Abu Dhabi government’s US$90 million (AED330 millio...

Abu Dhabi:15 Nov 2018

A high-level delegation from ADFD today attended the inaugural ceremony of the US$2.3 billion landmark infrastructure project - a high-speed train service connecting the cities of Tangier and Casablanca that reduces travel time to two hours. Inaugurated by His Majesty King Mohammed VI of Morocco, the opening ceremony was also attended by French President Emmanuel Macron, His Excellency Sheikh Sult...

Abu Dhabi:15 Nov 2018

A high-level delegation from ADFD today attended the inaugural ceremony of the US$2.3 billion landmark infrastructure project - a high-speed train service connecting the cities of Tangier and Casablanca that reduces travel time to two hours. Inaugurated by His Majesty King Mohammed VI of Morocco, the opening ceremony was also attended by French President Emmanuel Macron, His Excellency Sheikh Sult...

Abu Dhabi:14 Nov 2018

ADFD and IRENA are inviting applications for more than US$50 million in funding through the IRENA/ADFD Project Facility. The ADFD-financed initiative is available to government-guaranteed renewable energy projects in developing countries that seek to increase energy access, improve livelihoods and advance sustainable development. ADFD has committed US$350 million (AED1.285 billion) in concessionar...

Abu Dhabi:14 Nov 2018

ADFD and IRENA are inviting applications for more than US$50 million in funding through the IRENA/ADFD Project Facility. The ADFD-financed initiative is available to government-guaranteed renewable energy projects in developing countries that seek to increase energy access, improve livelihoods and advance sustainable development. ADFD has committed US$350 million (AED1.285 billion) in concessionar...

Abu Dhabi:01 Nov 2018

In celebration of the UAE Flag Day, a delegation from Abu Dhabi Fund for Development, the leading national entity for development aid, visited the Founder’s Memorial in Abu Dhabi. In addition, ADFD employees gathered around the flagpole in front of the Fund’s headquarters, where at 11am, His Excellency Mohammed Saif Al Suwaidi, Director General of ADFD, raised the UAE flag to the accompaniment o...

Abu Dhabi:01 Nov 2018

In celebration of the UAE Flag Day, a delegation from Abu Dhabi Fund for Development, the leading national entity for development aid, visited the Founder’s Memorial in Abu Dhabi. In addition, ADFD employees gathered around the flagpole in front of the Fund’s headquarters, where at 11am, His Excellency Mohammed Saif Al Suwaidi, Director General of ADFD, raised the UAE flag to the accompaniment o...

Abu Dhabi:22 Oct 2018

A delegation from Abu Dhabi Fund for Development, the leading national entity for development aid, and the International Renewable Energy Agency (IRENA), the global platform for international cooperation on renewable energy, visited Mauritius to assess the ADFD-funded US$10 million (AED36.7 million) solar PV kits project. Announced at the Eighth Session of the IRENA Assembly, the project to provid...

Abu Dhabi:22 Oct 2018

A delegation from Abu Dhabi Fund for Development, the leading national entity for development aid, and the International Renewable Energy Agency (IRENA), the global platform for international cooperation on renewable energy, visited Mauritius to assess the ADFD-funded US$10 million (AED36.7 million) solar PV kits project. Announced at the Eighth Session of the IRENA Assembly, the project to provid...

Abu Dhabi:17 Oct 2018

In a bid to elevate the standard of living in developing countries and eradicate global poverty, ADFD has highlighted its allocation of nearly AED11 billion towards development projects in the education as well as healthcare sectors.  In its report marking International Day for the Eradication of Poverty, which is annually observed on 17 October, ADFD emphasised its mission to help developing...

Abu Dhabi:17 Oct 2018

In a bid to elevate the standard of living in developing countries and eradicate global poverty, ADFD has highlighted its allocation of nearly AED11 billion towards development projects in the education as well as healthcare sectors.  In its report marking International Day for the Eradication of Poverty, which is annually observed on 17 October, ADFD emphasised its mission to help developing...

Abu Dhabi:05 Oct 2018

The United Arab Emirates (UAE) signed a financial cooperation agreement worth AED12.5 billion (US$3.4 billion) with the Government of Bahrain to support the financial stability of the country and stimulate its economic growth. The contribution will be managed by Abu Dhabi Fund for Development (ADFD), the leading national entity for development aid.The AED12.5 billion from the UAE falls within the ...

Abu Dhabi:05 Oct 2018

The United Arab Emirates (UAE) signed a financial cooperation agreement worth AED12.5 billion (US$3.4 billion) with the Government of Bahrain to support the financial stability of the country and stimulate its economic growth. The contribution will be managed by Abu Dhabi Fund for Development (ADFD), the leading national entity for development aid.The AED12.5 billion from the UAE falls within the ...

Abu Dhabi:04 Oct 2018

The United Arab Emirates (UAE) today signed an agreement with the Jordanian government to extend an economic aid package worth AED3 billion (US$833 million) to stimulate and support economic growth in Jordan. The allocation will be managed by Abu Dhabi Fund for Development (ADFD), the leading national entity for development aid.The AED3 billion economic aid package from the UAE falls within the fr...

Abu Dhabi:04 Oct 2018

The United Arab Emirates (UAE) today signed an agreement with the Jordanian government to extend an economic aid package worth AED3 billion (US$833 million) to stimulate and support economic growth in Jordan. The allocation will be managed by Abu Dhabi Fund for Development (ADFD), the leading national entity for development aid.The AED3 billion economic aid package from the UAE falls within the fr...

Abu Dhabi:26 Sep 2018

In a bid to achieve food security in developing countries and eradicate global poverty, Abu Dhabi Fund for Development (ADFD), the leading national entity for development aid, has allocated nearly AED8.6 billion towards development projects in the agricultural and irrigation sectors. Representing 7 per cent of the total financial assistance contributed by the Fund in supporting developing countrie...

Abu Dhabi:26 Sep 2018

In a bid to achieve food security in developing countries and eradicate global poverty, Abu Dhabi Fund for Development (ADFD), the leading national entity for development aid, has allocated nearly AED8.6 billion towards development projects in the agricultural and irrigation sectors. Representing 7 per cent of the total financial assistance contributed by the Fund in supporting developing countrie...

Abu Dhabi:08 Sep 2018

Abu Dhabi Fund for Development (ADFD), the leading national entity for development aid, hosted a high-level parliamentary delegation from Senegal at its headquarters in Abu Dhabi to discuss sustained cooperation in achieving the development priorities of the Senegalese government.  His Excellency Mohammed Saif Al Suwaidi, Director General of ADFD, His Excellency Moustapha Niasse, President of...

Abu Dhabi:08 Sep 2018

Abu Dhabi Fund for Development (ADFD), the leading national entity for development aid, hosted a high-level parliamentary delegation from Senegal at its headquarters in Abu Dhabi to discuss sustained cooperation in achieving the development priorities of the Senegalese government.  His Excellency Mohammed Saif Al Suwaidi, Director General of ADFD, His Excellency Moustapha Niasse, President of...

Abu Dhabi:05 Sep 2018

Abu Dhabi Fund for Development (ADFD), the leading national entity for development aid, has approved a US$33 million (AED121 million) concessionary loan for the development of a waste-to-energy facility in the emirate of Sharjah. The facility is the flagship project of Emirates Waste to Energy Company, a joint venture between Masdar, a regional leader in renewable energy, and Bee’ah, the UAE’s lea...

Abu Dhabi:05 Sep 2018

Abu Dhabi Fund for Development (ADFD), the leading national entity for development aid, has approved a US$33 million (AED121 million) concessionary loan for the development of a waste-to-energy facility in the emirate of Sharjah. The facility is the flagship project of Emirates Waste to Energy Company, a joint venture between Masdar, a regional leader in renewable energy, and Bee’ah, the UAE’s lea...

Abu Dhabi:19 Jul 2018

Abu Dhabi Fund for Development (ADFD), the leading national entity for development aid, organised an informative in-house workshop on the basics of communication through sign language. The session was hosted as part of ADFD’s social responsibility mandate to integrate the hearing-impaired community into society and alleviate challenges in their interaction.   Conducted by experts from th...

Abu Dhabi:19 Jul 2018

Abu Dhabi Fund for Development (ADFD), the leading national entity for development aid, organised an informative in-house workshop on the basics of communication through sign language. The session was hosted as part of ADFD’s social responsibility mandate to integrate the hearing-impaired community into society and alleviate challenges in their interaction.   Conducted by experts from th...

Abu Dhabi:16 Jul 2018

In a report celebrating its 47th anniversary, Abu Dhabi Fund for Development (ADFD), the leading national entity for development aid, announced that it has expended a total of AED84 billion to finance approximately 550 projects in 88 beneficiary countries. Since its inception on 15 July 1971, ADFD has disbursed AED37 billion in concessionary loans, AED44 billion in UAE government grants and AED3 b...

Abu Dhabi:16 Jul 2018

In a report celebrating its 47th anniversary, Abu Dhabi Fund for Development (ADFD), the leading national entity for development aid, announced that it has expended a total of AED84 billion to finance approximately 550 projects in 88 beneficiary countries. Since its inception on 15 July 1971, ADFD has disbursed AED37 billion in concessionary loans, AED44 billion in UAE government grants and AED3 b...

Abu Dhabi:27 Jun 2018

 A UAE delegation attended the third annual meeting of the Board of Governors of the Asian Infrastructure Investment Bank (AIIB).Following last year’s event on Jeju Island in South Korea, the 2018 meeting ran from 25 to 26 June in Mumbai, India. In line with its strategic vision to step up collaboration among Asian countries in various aspects of sustainable infrastructure development, AIIB o...

Abu Dhabi:27 Jun 2018

 A UAE delegation attended the third annual meeting of the Board of Governors of the Asian Infrastructure Investment Bank (AIIB).Following last year’s event on Jeju Island in South Korea, the 2018 meeting ran from 25 to 26 June in Mumbai, India. In line with its strategic vision to step up collaboration among Asian countries in various aspects of sustainable infrastructure development, AIIB o...

Abu Dhabi:20 Jun 2018

Abu Dhabi Fund for Development (ADFD), the leading national entity for development aid, and the Emirates Red Crescent (ERC) signed a Memorandum of Understanding (MoU) to manage the AED67million (US$18.3 million) UAE government grant aimed to support the healthcare sector in Hadramout Governorate in Yemen.The grant aims to support three healthcare projects in Yemen’s Hadhramaut Governorate includin...

Abu Dhabi:20 Jun 2018

Abu Dhabi Fund for Development (ADFD), the leading national entity for development aid, and the Emirates Red Crescent (ERC) signed a Memorandum of Understanding (MoU) to manage the AED67million (US$18.3 million) UAE government grant aimed to support the healthcare sector in Hadramout Governorate in Yemen.The grant aims to support three healthcare projects in Yemen’s Hadhramaut Governorate includin...

Abu Dhabi:16 Jun 2018

Abu Dhabi Fund for Development (ADFD), the leading national entity for development aid, allocated an AED11 billion (US$3 billion) economic aid package to the Ethiopian government to support sustainable socio-economic development in that country.The purpose of the funding is twofold. ADFD deposited an amount of AED3.7 billion (US$1 billion) in the National Bank of Ethiopia to bolster the country's ...

Abu Dhabi:16 Jun 2018

Abu Dhabi Fund for Development (ADFD), the leading national entity for development aid, allocated an AED11 billion (US$3 billion) economic aid package to the Ethiopian government to support sustainable socio-economic development in that country.The purpose of the funding is twofold. ADFD deposited an amount of AED3.7 billion (US$1 billion) in the National Bank of Ethiopia to bolster the country's ...

Abu Dhabi:12 Jun 2018

Abu Dhabi Fund for Development (ADFD), the leading national entity for development aid, has approved an AED40 million concessionary loan for the development of a rural electrification project in Kalongo in Uganda. His Excellency Mohammed Saif Al Suwaidi, Director General of ADFD, and His Excellency Ajedra Gabriel Gadison Aridru, Minister of State for Finance Planning and Economic Development in Ug...

Abu Dhabi:12 Jun 2018

Abu Dhabi Fund for Development (ADFD), the leading national entity for development aid, has approved an AED40 million concessionary loan for the development of a rural electrification project in Kalongo in Uganda. His Excellency Mohammed Saif Al Suwaidi, Director General of ADFD, and His Excellency Ajedra Gabriel Gadison Aridru, Minister of State for Finance Planning and Economic Development in Ug...

Abu Dhabi:06 Jun 2018

To mark Zayed Humanitarian Work Day, Abu Dhabi Fund for Development (ADFD) hosted a seminar entitled ‘Celebrating Zayed’s 100 Years of Goodness and Giving’. Paying rich tribute to the founding father of the UAE, late Sheikh Zayed bin Sultan Al Nahyan, the annual commemoration on the 19th day of the Holy Month of Ramadan is dedicated to promoting humanitarian work and instilling humanitarian princi...

Abu Dhabi:06 Jun 2018

To mark Zayed Humanitarian Work Day, Abu Dhabi Fund for Development (ADFD) hosted a seminar entitled ‘Celebrating Zayed’s 100 Years of Goodness and Giving’. Paying rich tribute to the founding father of the UAE, late Sheikh Zayed bin Sultan Al Nahyan, the annual commemoration on the 19th day of the Holy Month of Ramadan is dedicated to promoting humanitarian work and instilling humanitarian princi...

Abu Dhabi:25 May 2018

His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, honoured Abu Dhabi Fund for Development (ADFD), the leading national entity for development aid, for its contribution to the UAE’s prominent status among global foreign aid providers. The country has retained its position as the world’s largest donor of official development assistan...

Abu Dhabi:25 May 2018

His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, honoured Abu Dhabi Fund for Development (ADFD), the leading national entity for development aid, for its contribution to the UAE’s prominent status among global foreign aid providers. The country has retained its position as the world’s largest donor of official development assistan...

Abu Dhabi:24 May 2018

Abu Dhabi Fund for Development (ADFD), the leading national entity for development aid, today announced that it financed 11 development projects worth AED1.4 billion in 2017, benefiting 9 developing countries. Totalling more than AED646 million, four of the 11 projects were allocated as concessionary loans to Egypt, Antigua and Barbuda and the Maldives, whereas the remaining seven projects were fu...

Abu Dhabi:24 May 2018

Abu Dhabi Fund for Development (ADFD), the leading national entity for development aid, today announced that it financed 11 development projects worth AED1.4 billion in 2017, benefiting 9 developing countries. Totalling more than AED646 million, four of the 11 projects were allocated as concessionary loans to Egypt, Antigua and Barbuda and the Maldives, whereas the remaining seven projects were fu...

Abu Dhabi:16 May 2018

Abu Dhabi Fund for Development (ADFD), the leading national entity for development aid, today attended the inauguration of the Northern City Residential and Infrastructure Project, one of the most important strategic projects in Bahrain. ADFD allocated AED2.6 billion (US$700 million) towards the development of the project.The project was inaugurated by His Majesty King Hamad bin Isa Al Khalifa, Ki...

Abu Dhabi:16 May 2018

Abu Dhabi Fund for Development (ADFD), the leading national entity for development aid, today attended the inauguration of the Northern City Residential and Infrastructure Project, one of the most important strategic projects in Bahrain. ADFD allocated AED2.6 billion (US$700 million) towards the development of the project.The project was inaugurated by His Majesty King Hamad bin Isa Al Khalifa, Ki...

Abu Dhabi:08 May 2018

A delegation from ADFD participated in the official inauguration of two of its funded projects in the Albanian capital Tirana, worth AED240 million. Adel Al Hosani, Director of the Operations Department at ADFD, led the delegation representing the Fund. The event also drew the participation of His Excellency E Edi Rama, the Albania Prime Minister, His Excellency Erion Veliaj, Mayor of Tirana, and ...

Abu Dhabi:08 May 2018

A delegation from ADFD participated in the official inauguration of two of its funded projects in the Albanian capital Tirana, worth AED240 million. Adel Al Hosani, Director of the Operations Department at ADFD, led the delegation representing the Fund. The event also drew the participation of His Excellency E Edi Rama, the Albania Prime Minister, His Excellency Erion Veliaj, Mayor of Tirana, and ...

Abu Dhabi:03 May 2018

The Abu Dhabi Securities Exchange the region’s leading financial market, listed today a sovereign bond through a private placement for ADFD issued by the Government of Maldives. The bond, denominated in US dollars, was listed by The Maldives Ministry of Finance and Treasury on the Abu Dhabi Exchange Securities Market and is worth US$ 100 million with a five year maturity (2023) and a coupon rate o...

Abu Dhabi:03 May 2018

The Abu Dhabi Securities Exchange the region’s leading financial market, listed today a sovereign bond through a private placement for ADFD issued by the Government of Maldives. The bond, denominated in US dollars, was listed by The Maldives Ministry of Finance and Treasury on the Abu Dhabi Exchange Securities Market and is worth US$ 100 million with a five year maturity (2023) and a coupon rate o...

Abu Dhabi:02 May 2018

ADFD the leading national entity for development aid, launched the third cycle of its Internal Excellence Award for the employees. In line with the Abu Dhabi government’s strategy to promote excellence across government and public sector institutions in the emirate, the award reaffirms the Fund’s commitment to encouraging innovation and creativity among employees with a view to increasing producti...

Abu Dhabi:02 May 2018

ADFD the leading national entity for development aid, launched the third cycle of its Internal Excellence Award for the employees. In line with the Abu Dhabi government’s strategy to promote excellence across government and public sector institutions in the emirate, the award reaffirms the Fund’s commitment to encouraging innovation and creativity among employees with a view to increasing producti...

Abu Dhabi:26 Apr 2018

ADFD today attended the official commissioning of the ADFD-funded AED550 million Quweira Solar Power Plant in the Kingdom of Jordan.Located in the southern part of Jordan, the 105 MW renewable energy plant was inaugurated by His Excellency Hani Fawzi Al-Mulki, Prime Minister of Jordan. The ceremony drew the participation of His Excellency Saleh Kharabsheh, Jordanian Minister of Energy and Mineral ...

Abu Dhabi:26 Apr 2018

ADFD today attended the official commissioning of the ADFD-funded AED550 million Quweira Solar Power Plant in the Kingdom of Jordan.Located in the southern part of Jordan, the 105 MW renewable energy plant was inaugurated by His Excellency Hani Fawzi Al-Mulki, Prime Minister of Jordan. The ceremony drew the participation of His Excellency Saleh Kharabsheh, Jordanian Minister of Energy and Mineral ...

Abu Dhabi:23 Apr 2018

His Excellency Mohammad Ashraf Ghani, President of Afghanistan, inaugurated the Abu Dhabi Fund for Development (ADFD) financed Sheikh Khalifa bin Zayed City Housing Complex in Afghanistan. Located in the Qasaba district of Afghanistan’s capital Kabul, ADFD contributed an estimated AED708 million to the social housing development project. His Excellency Mohammed Saif Al Suwaidi, Director Gener...

Abu Dhabi:23 Apr 2018

His Excellency Mohammad Ashraf Ghani, President of Afghanistan, inaugurated the Abu Dhabi Fund for Development (ADFD) financed Sheikh Khalifa bin Zayed City Housing Complex in Afghanistan. Located in the Qasaba district of Afghanistan’s capital Kabul, ADFD contributed an estimated AED708 million to the social housing development project. His Excellency Mohammed Saif Al Suwaidi, Director Gener...

Abu Dhabi:22 Apr 2018

Abu Dhabi Fund for Development (ADFD), the leading national entity for development aid, today hosted a workshop for Arab and regional development institutions to discuss ways of supporting the government of Afghanistan to implement its development plans and programmes.Alongside ADFD senior staff, the workshop included representatives from the Afghan government, Kuwait Fund for Arab Economic Develo...

Abu Dhabi:22 Apr 2018

Abu Dhabi Fund for Development (ADFD), the leading national entity for development aid, today hosted a workshop for Arab and regional development institutions to discuss ways of supporting the government of Afghanistan to implement its development plans and programmes.Alongside ADFD senior staff, the workshop included representatives from the Afghan government, Kuwait Fund for Arab Economic Develo...

Abu Dhabi:09 Apr 2018

Abu Dhabi Fund for Development (ADFD), the leading national entity for development aid, has extended a concessionary loan of AED110 million (US$30 million) to the Republic of Mali to support its National Social Housing Programme.His Excellency Mohammed Saif Al Suwaidi, Director General of ADFD and His Excellency Dr Boubou Cisse, Malian Minister of Economy and Finance, ratified the loan agreement h...

Abu Dhabi:09 Apr 2018

Abu Dhabi Fund for Development (ADFD), the leading national entity for development aid, has extended a concessionary loan of AED110 million (US$30 million) to the Republic of Mali to support its National Social Housing Programme.His Excellency Mohammed Saif Al Suwaidi, Director General of ADFD and His Excellency Dr Boubou Cisse, Malian Minister of Economy and Finance, ratified the loan agreement h...

Abu Dhabi:03 Apr 2018

Abu Dhabi Fund for Development (ADFD), the leading national entity for development aid, has extended a concessionary loan valued at AED55 million to the Government of the United Republic of Tanzania (Tanzania) to finance the upgrade of 51km of the Uvinza-Ilunde-Malagarasi Road. The funded project is an extension to Kidaho - Ovinza Road which was funded in 2009 by ADFD as a concessionary loan worth...

Abu Dhabi:03 Apr 2018

Abu Dhabi Fund for Development (ADFD), the leading national entity for development aid, has extended a concessionary loan valued at AED55 million to the Government of the United Republic of Tanzania (Tanzania) to finance the upgrade of 51km of the Uvinza-Ilunde-Malagarasi Road. The funded project is an extension to Kidaho - Ovinza Road which was funded in 2009 by ADFD as a concessionary loan worth...

Abu Dhabi:26 Mar 2018

Abu Dhabi Fund for Development (ADFD), the leading national entity for development aid, has announced the start of the second phase of developing the National Export Programme. Aiming to bolster a diversified and sustainable national economy, the programme will contribute to enhancing the ability of national exports to penetrate and compete in international markets.In this context, the Fund today ...

Abu Dhabi:26 Mar 2018

Abu Dhabi Fund for Development (ADFD), the leading national entity for development aid, has announced the start of the second phase of developing the National Export Programme. Aiming to bolster a diversified and sustainable national economy, the programme will contribute to enhancing the ability of national exports to penetrate and compete in international markets.In this context, the Fund today ...

Abu Dhabi:14 Mar 2018

The United Arab Emirates (UAE) and the Republic of Sudan, enjoy long-standing ties of cooperation and strategic bi-lateral relations. Built on joint coordination and economic and development partnerships, these historic ties have contributed to the progress and prosperity of Sudan.Moreover, thanks to the leadership of UAE President His Highness Sheikh Khalifa bin Zayed Al Nahyan and wise directive...

Abu Dhabi:14 Mar 2018

The United Arab Emirates (UAE) and the Republic of Sudan, enjoy long-standing ties of cooperation and strategic bi-lateral relations. Built on joint coordination and economic and development partnerships, these historic ties have contributed to the progress and prosperity of Sudan.Moreover, thanks to the leadership of UAE President His Highness Sheikh Khalifa bin Zayed Al Nahyan and wise directive...

Abu Dhabi:12 Mar 2018

Abu Dhabi Fund for Development (ADFD), the leading national entity for development aid, today announced an allocation of AED64.2 million for the development of two projects in the Republic of Seychelles that will enhance the country's capacity to produce renewable energy from sustainable resources. Confirming the Fund’s support, His Excellency Mohammed Saif Al Suwaidi, Director General of ADFD sig...

Abu Dhabi:12 Mar 2018

Abu Dhabi Fund for Development (ADFD), the leading national entity for development aid, today announced an allocation of AED64.2 million for the development of two projects in the Republic of Seychelles that will enhance the country's capacity to produce renewable energy from sustainable resources. Confirming the Fund’s support, His Excellency Mohammed Saif Al Suwaidi, Director General of ADFD sig...

Abu Dhabi:05 Mar 2018

Abu Dhabi Fund for Development (ADFD), the leading national entity for development aid, welcomed a high-level delegation from Albania at its headquarters.  Headed by His Excellency Erion Veliaj, Mayor of Tirana, the delegation met with His Excellency Mohammed Saif Al Suwaidi, Director General of ADFD and explored potential areas of cooperation. His Excellency Ermal Dredha, Albanian Ambassador...

Abu Dhabi:05 Mar 2018

Abu Dhabi Fund for Development (ADFD), the leading national entity for development aid, welcomed a high-level delegation from Albania at its headquarters.  Headed by His Excellency Erion Veliaj, Mayor of Tirana, the delegation met with His Excellency Mohammed Saif Al Suwaidi, Director General of ADFD and explored potential areas of cooperation. His Excellency Ermal Dredha, Albanian Ambassador...

Abu Dhabi:03 Mar 2018

Abu Dhabi Fund for Development (ADFD), the leading national entity for development aid, organised a UAE-wide tour for a visiting Asian Infrastructure Investment Bank (AIIB) delegation from 25 February to 1 March. Led by Mr. Yee Ean Pang, Director General, Investment Operations of AIIB, the delegation’s UAE visit highlighted the bank’s crucial role in financing development projects in Asian countri...

Abu Dhabi:03 Mar 2018

Abu Dhabi Fund for Development (ADFD), the leading national entity for development aid, organised a UAE-wide tour for a visiting Asian Infrastructure Investment Bank (AIIB) delegation from 25 February to 1 March. Led by Mr. Yee Ean Pang, Director General, Investment Operations of AIIB, the delegation’s UAE visit highlighted the bank’s crucial role in financing development projects in Asian countri...

Abu Dhabi:21 Feb 2018

In line with its efforts to enhance the UAE’s status as an innovation hub, Abu Dhabi Fund for Development (ADFD), the leading national entity for development aid, hosted a lecture by Fatima Al Kaabi, the youngest Emirati inventor, who specialises in finding creative solutions to the challenges facing the community. Coinciding with UAE Innovation Month, the event aligned with the Fund’s drive to pr...

Abu Dhabi:21 Feb 2018

In line with its efforts to enhance the UAE’s status as an innovation hub, Abu Dhabi Fund for Development (ADFD), the leading national entity for development aid, hosted a lecture by Fatima Al Kaabi, the youngest Emirati inventor, who specialises in finding creative solutions to the challenges facing the community. Coinciding with UAE Innovation Month, the event aligned with the Fund’s drive to pr...

Abu Dhabi:13 Feb 2018

Abu Dhabi Fund for Development (ADFD), the leading national entity for development aid, discussed with the Asian Infrastructure Investment Bank (AIIB) ongoing development initiatives between the two sides and the leading role played by the UAE in achieving sustainable development.Attended by His Excellency Mohammed Saif Al Suwaidi, Director General of ADFD, and Sir Danny Alexander, Vice President ...

Abu Dhabi:13 Feb 2018

Abu Dhabi Fund for Development (ADFD), the leading national entity for development aid, discussed with the Asian Infrastructure Investment Bank (AIIB) ongoing development initiatives between the two sides and the leading role played by the UAE in achieving sustainable development.Attended by His Excellency Mohammed Saif Al Suwaidi, Director General of ADFD, and Sir Danny Alexander, Vice President ...

Abu Dhabi:15 Jan 2018

On the sidelines of Abu Dhabi Sustainability Week 2018, The AED 183.6 million (US$ 50 million) UAE-Caribbean Renewable Energy Fund (UAE-CREF) announced the launch of the second funding cycle through making partnerships with 7 new Caribbean countries, which will substantially contribute in the growth and development of the renewable energy sector in Belize, the Dominican Republic, Grenada, Guyana, ...

Abu Dhabi:15 Jan 2018

On the sidelines of Abu Dhabi Sustainability Week 2018, The AED 183.6 million (US$ 50 million) UAE-Caribbean Renewable Energy Fund (UAE-CREF) announced the launch of the second funding cycle through making partnerships with 7 new Caribbean countries, which will substantially contribute in the growth and development of the renewable energy sector in Belize, the Dominican Republic, Grenada, Guyana, ...

Abu Dhabi:14 Jan 2018

Abu Dhabi Fund for Development (ADFD), the leading national entity for development aid, and the International Renewable Energy Agency (IRENA), the global platform for international cooperation on renewable energy, today announced that USD25 million in concessional loans from ADFD have been earmarked for two solar PV projects, one each in Mauritius and Rwanda. Announced at the Eighth Session of ...

Abu Dhabi:14 Jan 2018

Abu Dhabi Fund for Development (ADFD), the leading national entity for development aid, and the International Renewable Energy Agency (IRENA), the global platform for international cooperation on renewable energy, today announced that USD25 million in concessional loans from ADFD have been earmarked for two solar PV projects, one each in Mauritius and Rwanda. Announced at the Eighth Session of ...

Abu Dhabi:28 Dec 2017

A delegation from the Abu Dhabi Fund for Development (ADFD), the leading national entity for development aid, last week met with the Chadian President His Excellency Idriss Déby in Chad’s capital N'Djamena. President Déby praised the bilateral ties between the UAE and Chad, highlighting ADFD’s global role in achieving sustainable development. His Excellency Mohammed Ali Musabah Al Shamsi, UAE Amba...

Abu Dhabi:28 Dec 2017

A delegation from the Abu Dhabi Fund for Development (ADFD), the leading national entity for development aid, last week met with the Chadian President His Excellency Idriss Déby in Chad’s capital N'Djamena. President Déby praised the bilateral ties between the UAE and Chad, highlighting ADFD’s global role in achieving sustainable development. His Excellency Mohammed Ali Musabah Al Shamsi, UAE Amba...

Abu Dhabi:23 Nov 2017

Abu Dhabi Fund for Development (ADFD), the leading national entity for development aid, hosted a seminar for the students of the United Arab Emirates University (UAEU) to discuss the Fund’s development work, operational activities, and achievements spanning 84 beneficiary countries. Within the series of seminars offered by the Fund to public and private universities and colleges, the session aim...

Abu Dhabi:23 Nov 2017

Abu Dhabi Fund for Development (ADFD), the leading national entity for development aid, hosted a seminar for the students of the United Arab Emirates University (UAEU) to discuss the Fund’s development work, operational activities, and achievements spanning 84 beneficiary countries. Within the series of seminars offered by the Fund to public and private universities and colleges, the session aim...

Abu Dhabi:14 Nov 2017

Abu Dhabi Fund for Development (ADFD), the leading national entity for development aid, has extended an Abu Dhabi government grant worth US$45 million (AED165 million) to the Colombia. Aimed at underpinning social development, the grant will assist in establishing a network of education and health centres, in addition to launching a programme to support small and medium enterprises (SMEs). His E...

Abu Dhabi:14 Nov 2017

Abu Dhabi Fund for Development (ADFD), the leading national entity for development aid, has extended an Abu Dhabi government grant worth US$45 million (AED165 million) to the Colombia. Aimed at underpinning social development, the grant will assist in establishing a network of education and health centres, in addition to launching a programme to support small and medium enterprises (SMEs). His E...

Abu Dhabi:08 Nov 2017

Abu Dhabi Fund for Development (ADFD), the leading national entity for development aid, hosted a high-profile delegation from the UAE Ministry of Foreign Affairs and International Cooperation (MoFAIC) to coordinate efforts in achieving the objectives of the UAE Foreign Aid Strategy (2017-2021). The opening session was chaired by His Excellency Mohammed Saif Al Suwaidi, Director General of ADFD, a...

Abu Dhabi:08 Nov 2017

Abu Dhabi Fund for Development (ADFD), the leading national entity for development aid, hosted a high-profile delegation from the UAE Ministry of Foreign Affairs and International Cooperation (MoFAIC) to coordinate efforts in achieving the objectives of the UAE Foreign Aid Strategy (2017-2021). The opening session was chaired by His Excellency Mohammed Saif Al Suwaidi, Director General of ADFD, a...

Abu Dhabi:05 Nov 2017

Abu Dhabi Fund for Development (ADFD), the leading national entity for development aid, today celebrated Flag Day with a series of patriotic initiatives. Notably, the Fund joined the One Million Signatures of Loyalty to the Nation campaign and launched a competition for the best flag picture. The month-long internal competition aims to bolster patriotism and unity. The Fund will select the winner...

Abu Dhabi:05 Nov 2017

Abu Dhabi Fund for Development (ADFD), the leading national entity for development aid, today celebrated Flag Day with a series of patriotic initiatives. Notably, the Fund joined the One Million Signatures of Loyalty to the Nation campaign and launched a competition for the best flag picture. The month-long internal competition aims to bolster patriotism and unity. The Fund will select the winner...

Abu Dhabi:18 Oct 2017

Abu Dhabi Fund for Development (ADFD), the leading national entity for development aid, extended a US$50 million (AED183.65 million) concessionary loan to the Maldivian government to develop the Velana International Airport in Malé. The Velana International Airport Development Project includes the construction of a new 3,400-metre runway with a breakwater and rehabilitation of the old runway. In ...

Abu Dhabi:18 Oct 2017

Abu Dhabi Fund for Development (ADFD), the leading national entity for development aid, extended a US$50 million (AED183.65 million) concessionary loan to the Maldivian government to develop the Velana International Airport in Malé. The Velana International Airport Development Project includes the construction of a new 3,400-metre runway with a breakwater and rehabilitation of the old runway. In ...

Abu Dhabi:16 Oct 2017

A technical delegation from the Abu Dhabi Fund for Development (ADFD), the leading national entity for development aid, visited Albania to review the status of three of its financed ventures – the Tirana River Rehabilitation project, Tirana River Northern Boulevard project, as well as the Tirana-Elbasan Road project. During the visit, the delegation toured the project sites and met with several A...

Abu Dhabi:16 Oct 2017

A technical delegation from the Abu Dhabi Fund for Development (ADFD), the leading national entity for development aid, visited Albania to review the status of three of its financed ventures – the Tirana River Rehabilitation project, Tirana River Northern Boulevard project, as well as the Tirana-Elbasan Road project. During the visit, the delegation toured the project sites and met with several A...

Abu Dhabi:04 Oct 2017

Abu Dhabi Fund for Development (ADFD), the leading national entity for development aid, today formalised a financial endowment to Emirates Foundation, an independent philanthropic organisation established by the Government of Abu Dhabi to facilitate public-private funded initiatives to further drive youth welfare efforts across the UAE. Within the framework of the Fund’s 2017 corporate social res...

Abu Dhabi:04 Oct 2017

Abu Dhabi Fund for Development (ADFD), the leading national entity for development aid, today formalised a financial endowment to Emirates Foundation, an independent philanthropic organisation established by the Government of Abu Dhabi to facilitate public-private funded initiatives to further drive youth welfare efforts across the UAE. Within the framework of the Fund’s 2017 corporate social res...

Abu Dhabi:24 Sep 2017

Abu Dhabi Fund for Development (ADFD), the leading national entity for development aid, has allocated an Abu Dhabi government grant worth AED40 million to the Comorian government. The grant will help enhance the efficiency of public utility systems, such as electricity supply, in the Comoros through installing new transformers and generators with a total capacity of 11 megawatts as well as rehabi...

Abu Dhabi:24 Sep 2017

Abu Dhabi Fund for Development (ADFD), the leading national entity for development aid, has allocated an Abu Dhabi government grant worth AED40 million to the Comorian government. The grant will help enhance the efficiency of public utility systems, such as electricity supply, in the Comoros through installing new transformers and generators with a total capacity of 11 megawatts as well as rehabi...

Abu Dhabi:18 Sep 2017

A high-level delegation from the UAE led by His Excellency Suhail bin Mohammed Faraj Faris Al Mazrouei, UAE Minister of Energy, comprising representatives from Abu Dhabi Fund for Development (ADFD), participated in the official launch ceremony of the Kulyab - Kalaikhumb Road in Tajikistan on September 13 (Wednesday). His Excellency President Emam Ali Rahman of the Republic of Tajikistan attended t...

Abu Dhabi:18 Sep 2017

A high-level delegation from the UAE led by His Excellency Suhail bin Mohammed Faraj Faris Al Mazrouei, UAE Minister of Energy, comprising representatives from Abu Dhabi Fund for Development (ADFD), participated in the official launch ceremony of the Kulyab - Kalaikhumb Road in Tajikistan on September 13 (Wednesday). His Excellency President Emam Ali Rahman of the Republic of Tajikistan attended t...

Abu Dhabi:17 Sep 2017

A high-profile delegation from Abu Dhabi Fund for Development (ADFD), the leading national entity for development aid, attended the official launch of the new extension of the King Hussein Cancer Center in Jordan. ADFD provided AED92 million, administered by the Khalifa Bin Zayed Al Nahyan Foundation, to finance the construction of a new outpatient building. Their Majesties King Abdullah II and ...

Abu Dhabi:17 Sep 2017

A high-profile delegation from Abu Dhabi Fund for Development (ADFD), the leading national entity for development aid, attended the official launch of the new extension of the King Hussein Cancer Center in Jordan. ADFD provided AED92 million, administered by the Khalifa Bin Zayed Al Nahyan Foundation, to finance the construction of a new outpatient building. Their Majesties King Abdullah II and ...

Abu Dhabi:14 Sep 2017

Abu Dhabi Fund for Development (ADFD) announced the allocation of US$50 million for UAE companies wishing to invest in the Central African nation of Chad. The announcement came during the participation of an ADFD delegation at the UAE-Chad Investment Forum that took place today in Abu Dhabi. Several ministers and senior officials from the public and private sectors of the two countries attended t...

Abu Dhabi:14 Sep 2017

Abu Dhabi Fund for Development (ADFD) announced the allocation of US$50 million for UAE companies wishing to invest in the Central African nation of Chad. The announcement came during the participation of an ADFD delegation at the UAE-Chad Investment Forum that took place today in Abu Dhabi. Several ministers and senior officials from the public and private sectors of the two countries attended t...

Abu Dhabi:12 Sep 2017

Abu Dhabi Fund for Development (ADFD), the leading national entity for development aid, is extending an Abu Dhabi government grant worth AED18.4 million to the Maldivian government. The grant seeks to support the balance of payments in the Maldives, improve the overall economic situation in the country, and aid the Maldivian government in achieving its development plans. His Excellency Mohammed ...

Abu Dhabi:12 Sep 2017

Abu Dhabi Fund for Development (ADFD), the leading national entity for development aid, is extending an Abu Dhabi government grant worth AED18.4 million to the Maldivian government. The grant seeks to support the balance of payments in the Maldives, improve the overall economic situation in the country, and aid the Maldivian government in achieving its development plans. His Excellency Mohammed ...

Abu Dhabi:29 Aug 2017

Abu Dhabi Fund for Development (ADFD), the leading national entity for development aid, celebrated the third annual Emirati Women’s Day, themed ‘Women are Partners in Giving’, with an inspirational seminar, to coincide with the UAE’s ‘Year of Giving’ initiative. The seminar featured two distinguished and influential Emirati women including Her Excellency Dr Mouza Obaid Ghanim Ghubash, Chairwoman ...

Abu Dhabi:29 Aug 2017

Abu Dhabi Fund for Development (ADFD), the leading national entity for development aid, celebrated the third annual Emirati Women’s Day, themed ‘Women are Partners in Giving’, with an inspirational seminar, to coincide with the UAE’s ‘Year of Giving’ initiative. The seminar featured two distinguished and influential Emirati women including Her Excellency Dr Mouza Obaid Ghanim Ghubash, Chairwoman ...

Abu Dhabi:23 Aug 2017

Abu Dhabi Fund for Development (ADFD), the leading national entity for development aid, today announced a financial endowment to Dar Zayed for Family Care. Within the framework of the Fund’s 2017 corporate social responsibility (CSR) agenda, the monetary aid will empower the UAE society through community development efforts. Held at ADFD’s headquarters, the cheque handing over ceremony was atten...

Abu Dhabi:23 Aug 2017

Abu Dhabi Fund for Development (ADFD), the leading national entity for development aid, today announced a financial endowment to Dar Zayed for Family Care. Within the framework of the Fund’s 2017 corporate social responsibility (CSR) agenda, the monetary aid will empower the UAE society through community development efforts. Held at ADFD’s headquarters, the cheque handing over ceremony was atten...

Abu Dhabi:20 Aug 2017

Abu Dhabi Fund for Development (ADFD), the leading national entity for development aid, and the Government of Afghanistan, enjoy long-standing ties of cooperation dating back to 1977. Cordial relations between the two sides continue to drive sustainable socio-economic development across key sectors that benefit the citizens of Afghanistan. Spanning crucial sectors, such as agriculture, housing, ...

Abu Dhabi:20 Aug 2017

Abu Dhabi Fund for Development (ADFD), the leading national entity for development aid, and the Government of Afghanistan, enjoy long-standing ties of cooperation dating back to 1977. Cordial relations between the two sides continue to drive sustainable socio-economic development across key sectors that benefit the citizens of Afghanistan. Spanning crucial sectors, such as agriculture, housing, ...

Abu Dhabi:15 Aug 2017

Abu Dhabi Fund for Development (ADFD), the leading national entity for development aid, and the Government of Pakistan, have enjoyed strong and long-standing ties dating back to 1981. The synergies between the two sides continue to drive sustainable socio-economic development across key sectors that benefit the citizens of Pakistan.To date, the Fund has supported Pakistan with grants and concessio...

Abu Dhabi:15 Aug 2017

Abu Dhabi Fund for Development (ADFD), the leading national entity for development aid, and the Government of Pakistan, have enjoyed strong and long-standing ties dating back to 1981. The synergies between the two sides continue to drive sustainable socio-economic development across key sectors that benefit the citizens of Pakistan.To date, the Fund has supported Pakistan with grants and concessio...

Abu Dhabi:31 Jul 2017

Abu Dhabi Fund for Development (ADFD), Abu Dhabi; leading national entity for development aid, and the Government of Morocco, have enjoyed strong bilateral ties dating back to 1974. The four-decade-long close relations continue to drive sustainable socio-economic development across key sectors that benefit the citizens of Morocco.To date, the Fund has supported Morocco with grants and concessionar...

Abu Dhabi:31 Jul 2017

Abu Dhabi Fund for Development (ADFD), Abu Dhabi; leading national entity for development aid, and the Government of Morocco, have enjoyed strong bilateral ties dating back to 1974. The four-decade-long close relations continue to drive sustainable socio-economic development across key sectors that benefit the citizens of Morocco.To date, the Fund has supported Morocco with grants and concessionar...

Abu Dhabi:26 Jul 2017

Abu Dhabi Fund for Development (ADFD), the leading national entity in development aid, appointed the Korea Development Institute (KDI), a prominent Korean think tank, as expert consultants to advice on the need for a UAE-based Export Finance Programme. His Excellency Mohammed Saif Al Suwaidi, Director General of ADFD, and Dr Joon-Kyung Kim, President of KDI, signed a Cooperation Agreement at the F...

Abu Dhabi:26 Jul 2017

Abu Dhabi Fund for Development (ADFD), the leading national entity in development aid, appointed the Korea Development Institute (KDI), a prominent Korean think tank, as expert consultants to advice on the need for a UAE-based Export Finance Programme. His Excellency Mohammed Saif Al Suwaidi, Director General of ADFD, and Dr Joon-Kyung Kim, President of KDI, signed a Cooperation Agreement at the F...

Abu Dhabi:24 Jul 2017

Abu Dhabi Fund for Development (ADFD) and the Government of Egypt have long enjoyed close and strategic ties. The constructive cooperation between the two parties continues to promote sustainable development in vital economic sectors that benefit the citizens of Egypt. To date, the Fund supported Egypt with Abu Dhabi government grants and concessionary loans worth AED4 billion across 64 devel...

Abu Dhabi:24 Jul 2017

Abu Dhabi Fund for Development (ADFD) and the Government of Egypt have long enjoyed close and strategic ties. The constructive cooperation between the two parties continues to promote sustainable development in vital economic sectors that benefit the citizens of Egypt. To date, the Fund supported Egypt with Abu Dhabi government grants and concessionary loans worth AED4 billion across 64 devel...

Abu Dhabi:23 Jul 2017

Abu Dhabi Fund for Development (ADFD), the Abu Dhabi leading national entity in development aid participated at the official cornerstone-laying ceremony of Guinea’s National Dispatch Centre in the presence of His Excellency Alpha Condé, President of Guinea and His Excellency Mamady Youla, Prime Minister of Guinea.  ADFD allocated US$18 million (AED66 million) for the construction and operatio...

Abu Dhabi:23 Jul 2017

Abu Dhabi Fund for Development (ADFD), the Abu Dhabi leading national entity in development aid participated at the official cornerstone-laying ceremony of Guinea’s National Dispatch Centre in the presence of His Excellency Alpha Condé, President of Guinea and His Excellency Mamady Youla, Prime Minister of Guinea.  ADFD allocated US$18 million (AED66 million) for the construction and operatio...

Abu Dhabi:21 Jun 2017

A UAE delegation attended the second annual meeting of the Board of Governors of the Asian Infrastructure Investment Bank (AIIB). The event, held for the first-time outside China, on Jeju Island in South Korea from 16 to 18 June 2017, aimed to strategise and discuss collaboration among Asian countries in various aspects of sustainable infrastructure development. The UAE delegation was headed by ...

Abu Dhabi:21 Jun 2017

A UAE delegation attended the second annual meeting of the Board of Governors of the Asian Infrastructure Investment Bank (AIIB). The event, held for the first-time outside China, on Jeju Island in South Korea from 16 to 18 June 2017, aimed to strategise and discuss collaboration among Asian countries in various aspects of sustainable infrastructure development. The UAE delegation was headed by ...

Abu Dhabi:15 Jun 2017

Abu Dhabi Fund for Development (ADFD) hosted a seminar entitled ‘Zayed: An Icon for Goodness and Giving’ in observation of Zayed Humanitarian Day. Paying rich tribute to the founding father of the UAE, late Sheikh Zayed bin Sultan Al Nahyan, the annual commemoration on the 19th day of Ramadan is dedicated to humanitarian work and to instilling humanitarian principles in Emirati culture. His E...

Abu Dhabi:15 Jun 2017

Abu Dhabi Fund for Development (ADFD) hosted a seminar entitled ‘Zayed: An Icon for Goodness and Giving’ in observation of Zayed Humanitarian Day. Paying rich tribute to the founding father of the UAE, late Sheikh Zayed bin Sultan Al Nahyan, the annual commemoration on the 19th day of Ramadan is dedicated to humanitarian work and to instilling humanitarian principles in Emirati culture. His E...

Abu Dhabi:08 Jun 2017

Abu Dhabi Fund for Development (ADFD), in a bid to enhance civic responsibilities, and instil a spirit of social solidarity and volunteerism within the community, today launched its ‘My Community’ programme, as part of the Fund’s corporate social responsibility (CSR) mandate. In addition to strengthening the principles and values of volunteerism across the Fund’s departments, the ‘My Community’ p...

Abu Dhabi:08 Jun 2017

Abu Dhabi Fund for Development (ADFD), in a bid to enhance civic responsibilities, and instil a spirit of social solidarity and volunteerism within the community, today launched its ‘My Community’ programme, as part of the Fund’s corporate social responsibility (CSR) mandate. In addition to strengthening the principles and values of volunteerism across the Fund’s departments, the ‘My Community’ p...

Abu Dhabi:28 May 2017

Abu Dhabi Fund for Development (ADFD) and the Government of Jordan have enjoyed close ties dating back to 1974. Their constructive cooperation aims to achieve sustainable development goals in vital economic sectors that benefit the Jordanian population. In a report issued by ADFD to mark Jordan’s 71st Independence Day, the Fund announced that by end-2016, it provided financing for 31 development p...

Abu Dhabi:28 May 2017

Abu Dhabi Fund for Development (ADFD) and the Government of Jordan have enjoyed close ties dating back to 1974. Their constructive cooperation aims to achieve sustainable development goals in vital economic sectors that benefit the Jordanian population. In a report issued by ADFD to mark Jordan’s 71st Independence Day, the Fund announced that by end-2016, it provided financing for 31 development p...

Abu Dhabi:25 May 2017

Abu Dhabi Fund for Development (ADFD) continued to deliver an outstanding performance in 2016. Furthermore, the Fund managed 17 development projects valued at AED5.6 billion across seven beneficiary countries, dispensed AED3.9 billion in concessionary loans to support four projects and AED1.7 billion in government grants to finance 13 projects. Headlining a press conference at the ADFD headquarte...

Abu Dhabi:25 May 2017

Abu Dhabi Fund for Development (ADFD) continued to deliver an outstanding performance in 2016. Furthermore, the Fund managed 17 development projects valued at AED5.6 billion across seven beneficiary countries, dispensed AED3.9 billion in concessionary loans to support four projects and AED1.7 billion in government grants to finance 13 projects. Headlining a press conference at the ADFD headquarte...

Abu Dhabi:22 May 2017

The Lives and Livelihoods Fund and the Islamic Development Bank (IDB) have signed US$99 million in finance with the Governments of Burkina Faso, Mali, and Senegal for the Sahel Sustainable Pastoralism Development Project, which aims to support regional food security and improve the livelihoods of one million people in the Sahel region of West Africa. The Sahel Sustainable Pastoralism Development...

Abu Dhabi:22 May 2017

The Lives and Livelihoods Fund and the Islamic Development Bank (IDB) have signed US$99 million in finance with the Governments of Burkina Faso, Mali, and Senegal for the Sahel Sustainable Pastoralism Development Project, which aims to support regional food security and improve the livelihoods of one million people in the Sahel region of West Africa. The Sahel Sustainable Pastoralism Development...

Abu Dhabi:09 May 2017

His Excellency Mohammed Saif Al Suwaidi, Director General of Abu Dhabi Fund for Development (ADFD), has announced the recipients of the second cycle of the Internal Excellence Award that honours employees for their meritorious achievements in different categories.   His Excellency Al Suwaidi distributed the honorary plaques and certificates of appreciation to the winners of each of the ...

Abu Dhabi:09 May 2017

His Excellency Mohammed Saif Al Suwaidi, Director General of Abu Dhabi Fund for Development (ADFD), has announced the recipients of the second cycle of the Internal Excellence Award that honours employees for their meritorious achievements in different categories.   His Excellency Al Suwaidi distributed the honorary plaques and certificates of appreciation to the winners of each of the ...

Abu Dhabi:07 May 2017

Abu Dhabi Fund for Development (ADFD) and the Government of Bangladesh have enjoyed close ties of strategic partnership. The constructive cooperation and bilateral relations between both sides aimed to promote sustainable development in vital economic sectors that in-turn benefit the citizens of Bangladesh. In a report, the Fund said that it has provided the Bangladeshi government with grants and...

Abu Dhabi:07 May 2017

Abu Dhabi Fund for Development (ADFD) and the Government of Bangladesh have enjoyed close ties of strategic partnership. The constructive cooperation and bilateral relations between both sides aimed to promote sustainable development in vital economic sectors that in-turn benefit the citizens of Bangladesh. In a report, the Fund said that it has provided the Bangladeshi government with grants and...

Abu Dhabi:20 Apr 2017

Abu Dhabi Fund for Development (ADFD) has announced a contribution of AED330 million (US$90 million) to implement development projects and programmes in key sectors in Somalia, particularly infrastructure and transport.  The contribution underpins efforts to improve public services, create new job opportunities and ensure stability and social development. Moreover, the AED330 million aims ...

Abu Dhabi:20 Apr 2017

Abu Dhabi Fund for Development (ADFD) has announced a contribution of AED330 million (US$90 million) to implement development projects and programmes in key sectors in Somalia, particularly infrastructure and transport.  The contribution underpins efforts to improve public services, create new job opportunities and ensure stability and social development. Moreover, the AED330 million aims ...

Abu Dhabi:16 Apr 2017

A team from the Abu Dhabi Fund for Development, ADFD, was recently in Morocco to inspect progress of projects funded by the Abu Dhabi government institution to drive development in the country's key sectors. The team's visit took place within the framework of the 2013 UAE government grant contribution of AED4.6 billion to the Gulf Development Fund, a programme to finance development proje...

Abu Dhabi:16 Apr 2017

A team from the Abu Dhabi Fund for Development, ADFD, was recently in Morocco to inspect progress of projects funded by the Abu Dhabi government institution to drive development in the country's key sectors. The team's visit took place within the framework of the 2013 UAE government grant contribution of AED4.6 billion to the Gulf Development Fund, a programme to finance development proje...

Abu Dhabi:14 Mar 2017

Abu Dhabi Fund for Development (ADFD) today hosted a high-profile delegation from the Inter-American Development Bank (IDB) Group to discuss opportunities for cooperation on future development projects in Latin America and the Caribbean. His Excellency Mohammed Saif Al Suwaidi, Director General of ADFD, Luis Alberto Moreno, President of IDB, as well as senior representatives of the two parties att...

Abu Dhabi:14 Mar 2017

Abu Dhabi Fund for Development (ADFD) today hosted a high-profile delegation from the Inter-American Development Bank (IDB) Group to discuss opportunities for cooperation on future development projects in Latin America and the Caribbean. His Excellency Mohammed Saif Al Suwaidi, Director General of ADFD, Luis Alberto Moreno, President of IDB, as well as senior representatives of the two parties att...

Abu Dhabi:11 Mar 2017

Abu Dhabi Fund for Development (ADFD) commended the foundation stone laying ceremony of Senegal’s National Road No.2 (Ndioum – Ourossogui – Bakel) project. ADFD allocated a concessionary loan worth AED53 million (US$15 million) to the development of the infrastructure project. Senegalese President, His Excellency Macky Sall, attended the ceremony and laid the cornerstone. His Excellency Mansour El...

Abu Dhabi:11 Mar 2017

Abu Dhabi Fund for Development (ADFD) commended the foundation stone laying ceremony of Senegal’s National Road No.2 (Ndioum – Ourossogui – Bakel) project. ADFD allocated a concessionary loan worth AED53 million (US$15 million) to the development of the infrastructure project. Senegalese President, His Excellency Macky Sall, attended the ceremony and laid the cornerstone. His Excellency Mansour El...

Abu Dhabi:05 Mar 2017

His Excellency Mohammed Saif Al Suwaidi, Director General of Abu Dhabi Fund for Development (ADFD) yesterday led a delegation of ADFD employees and toured the memorial site, Wahat Al Karama. The delegation explored the premises and visited the cultural landmark; the 31 aluminium-panel, each leaning on the other, exemplifying the unity, solidarity and mutual support shared between the UAE’s leader...

Abu Dhabi:05 Mar 2017

Abu Dhabi Fund for Development (ADFD) hosted a delegation from Argentina led by His Excellency Gonzalo Saglione, Minister of Economy from the Province of Santa Fe, at its headquarters. During the meeting, the two sides discussed long-standing bilateral ties between the ADFD and Argentina and focused on funding developmental projects in Argentina. Welcoming the Minister and his entourage, His Exce...

Abu Dhabi:05 Mar 2017

His Excellency Mohammed Saif Al Suwaidi, Director General of Abu Dhabi Fund for Development (ADFD) yesterday led a delegation of ADFD employees and toured the memorial site, Wahat Al Karama. The delegation explored the premises and visited the cultural landmark; the 31 aluminium-panel, each leaning on the other, exemplifying the unity, solidarity and mutual support shared between the UAE’s leader...

Abu Dhabi:05 Mar 2017

Abu Dhabi Fund for Development (ADFD) hosted a delegation from Argentina led by His Excellency Gonzalo Saglione, Minister of Economy from the Province of Santa Fe, at its headquarters. During the meeting, the two sides discussed long-standing bilateral ties between the ADFD and Argentina and focused on funding developmental projects in Argentina. Welcoming the Minister and his entourage, His Exce...

Abu Dhabi:01 Mar 2017

Abu Dhabi Fund for Development (ADFD) dispatched a delegation to Bangladesh to review and study the current status of its two funded projects – the Sikalbaha Power Station and the South Asia Subregional Economic Cooperation (SASEC) Road Connectivity Project (SASEC). Having toured the Sikalbaha Power Station, the delegation confirmed that 90 percent of works have been completed. In 2011, ADFD allo...

Abu Dhabi:01 Mar 2017

Abu Dhabi Fund for Development (ADFD) dispatched a delegation to Bangladesh to review and study the current status of its two funded projects – the Sikalbaha Power Station and the South Asia Subregional Economic Cooperation (SASEC) Road Connectivity Project (SASEC). Having toured the Sikalbaha Power Station, the delegation confirmed that 90 percent of works have been completed. In 2011, ADFD allo...

Abu Dhabi:13 Feb 2017

In the role of strategic partner, Abu Dhabi Fund for Development (ADFD) attended and participated at the fifth edition of the World Government Summit (WGS) 2017, running under the patronage of His Highness Sheikh Mohammed bin Rashid Al Maktoum, UAE Vice President and Prime Minister and Ruler of Dubai. Themed ‘Shaping Future Governments’, WGS 2017,  has drawn participation from 139 countries ...

Abu Dhabi:13 Feb 2017

In the role of strategic partner, Abu Dhabi Fund for Development (ADFD) attended and participated at the fifth edition of the World Government Summit (WGS) 2017, running under the patronage of His Highness Sheikh Mohammed bin Rashid Al Maktoum, UAE Vice President and Prime Minister and Ruler of Dubai. Themed ‘Shaping Future Governments’, WGS 2017,  has drawn participation from 139 countries ...

Abu Dhabi:02 Feb 2017

Abu Dhabi Fund for Development (ADFD) attended the official opening of the Upper Atbara and Setit Dam Complex’s 320 megawatt hydroelectric power plant in Eastern Sudan; inaugurated by, Sudanese President, His Excellency Omar Hassan Al Bashir. ADFD’s US$90 million concessionary loan contributed to the successful completion of the plant’s power source; Rumela Dam and Burdana Dam. His Excellency...

Abu Dhabi:02 Feb 2017

Abu Dhabi Fund for Development (ADFD) attended the official opening of the Upper Atbara and Setit Dam Complex’s 320 megawatt hydroelectric power plant in Eastern Sudan; inaugurated by, Sudanese President, His Excellency Omar Hassan Al Bashir. ADFD’s US$90 million concessionary loan contributed to the successful completion of the plant’s power source; Rumela Dam and Burdana Dam. His Excellency...

Abu Dhabi:24 Jan 2017

Abu Dhabi Fund for Development (ADFD) deposited AED1.47 billion into the Central Bank of Sudan (CBOS) to secure increased liquidity and stimulate economic growth in Sudan. His Excellency Mohammed Saif Al Suwaidi, Director General of ADFD, signed an agreement to that effect with His Excellency Hazim Abdegadir Ahmed Babiker, Governor and Chairman of the Board of the CBOS. Reaffirming the UAE’s k...

Abu Dhabi:24 Jan 2017

Abu Dhabi Fund for Development (ADFD) deposited AED1.47 billion into the Central Bank of Sudan (CBOS) to secure increased liquidity and stimulate economic growth in Sudan. His Excellency Mohammed Saif Al Suwaidi, Director General of ADFD, signed an agreement to that effect with His Excellency Hazim Abdegadir Ahmed Babiker, Governor and Chairman of the Board of the CBOS. Reaffirming the UAE’s k...

Abu Dhabi:18 Jan 2017

Abu Dhabi Fund for Development (ADFD) met with a high-ranking delegation from Costa Rica led by Luis Guillermo Solís, President of Costa Rica, at the Emirates Palace in Abu Dhabi. Welcoming the delegates, His Excellency Mohammed Saif Al Suwaidi, Director General of ADFD, discussed bilateral relations between the UAE and Costa Rica with the visiting President - focusing on developmental joint ventu...

Abu Dhabi:18 Jan 2017

Abu Dhabi Fund for Development (ADFD) met with a high-ranking delegation from Costa Rica led by Luis Guillermo Solís, President of Costa Rica, at the Emirates Palace in Abu Dhabi. Welcoming the delegates, His Excellency Mohammed Saif Al Suwaidi, Director General of ADFD, discussed bilateral relations between the UAE and Costa Rica with the visiting President - focusing on developmental joint ventu...

Abu Dhabi:14 Jan 2017

Abu Dhabi Fund for Development (ADFD), Abu Dhabi’s national independent entity, has today signed an USD 15 million concessionary loan agreement for the development of an innovative new hybrid solar and wind generation project in the Caribbean state of Antigua and Barbuda; one of the third funding cycle recipients of ADFD/IRENA Project Facility. The loan agreement was signed during the Seventh Sess...

Abu Dhabi:14 Jan 2017

Abu Dhabi Fund for Development (ADFD), Abu Dhabi’s national independent entity, has today signed an USD 15 million concessionary loan agreement for the development of an innovative new hybrid solar and wind generation project in the Caribbean state of Antigua and Barbuda; one of the third funding cycle recipients of ADFD/IRENA Project Facility. The loan agreement was signed during the Seventh Sess...

Abu Dhabi:14 Jan 2017

Four renewable energy projects in developing countries in the Pacific and Africa have been identified by Abu Dhabi Fund for Development (ADFD) and the International Renewable Energy Agency (IRENA) to receive USD 44.5 million in funding. ADFD’s funding will support a diverse set of projects including a hybrid micro-grid project employing solar PV and advanced lithium-ion batteries, a hydropower pro...

Abu Dhabi:14 Jan 2017

Four renewable energy projects in developing countries in the Pacific and Africa have been identified by Abu Dhabi Fund for Development (ADFD) and the International Renewable Energy Agency (IRENA) to receive USD 44.5 million in funding. ADFD’s funding will support a diverse set of projects including a hybrid micro-grid project employing solar PV and advanced lithium-ion batteries, a hydropower pro...

Abu Dhabi:11 Jan 2017

His Excellency Mohammed Saif Al Suwaidi, Director General of Abu Dhabi Fund for Development (ADFD), attended the official opening of the Amman Development Road. The road network connects the capital with the surrounding cities, easing the movement of passengers and goods between Jordan and the countries of the GCC region. In line with the framework of the 2013 UAE government grant to the Gulf Dev...

Abu Dhabi:11 Jan 2017

His Excellency Mohammed Saif Al Suwaidi, Director General of Abu Dhabi Fund for Development (ADFD), attended the official opening of the Amman Development Road. The road network connects the capital with the surrounding cities, easing the movement of passengers and goods between Jordan and the countries of the GCC region. In line with the framework of the 2013 UAE government grant to the Gulf Dev...

Abu Dhabi:11 Jan 2017

Abu Dhabi Fund for Development (ADFD) attended the official opening of the Kufranjah Dam – a development project funded by the UAE government and managed by ADFD in the Kingdom of Jordan. Located north of Jordan’s capital Amman, the newly completed AED103 million (US$28 million) project is in line with the framework of the 2013 UAE government contribution of AED4.6 billion (US$1.25 billion) to th...

Abu Dhabi:11 Jan 2017

Abu Dhabi Fund for Development (ADFD) attended the official opening of the Kufranjah Dam – a development project funded by the UAE government and managed by ADFD in the Kingdom of Jordan. Located north of Jordan’s capital Amman, the newly completed AED103 million (US$28 million) project is in line with the framework of the 2013 UAE government contribution of AED4.6 billion (US$1.25 billion) to th...

Abu Dhabi:10 Jan 2017

In a press conference held in Amman, Jordan - Abu Dhabi Fund for Development (ADFD) announced a AED735 million (US$200 million) UAE grant earmarked for expansionary works at King Hussein Medical City. This latest contribution is in-line with the framework of the 2013 UAE government grant contribution of AED4.6 billion (US$1.25 billion) to the Gulf Development Fund, a five-year grant program from t...

Abu Dhabi:10 Jan 2017

In a press conference held in Amman, Jordan - Abu Dhabi Fund for Development (ADFD) announced a AED735 million (US$200 million) UAE grant earmarked for expansionary works at King Hussein Medical City. This latest contribution is in-line with the framework of the 2013 UAE government grant contribution of AED4.6 billion (US$1.25 billion) to the Gulf Development Fund, a five-year grant program from t...

Abu Dhabi:22 Dec 2016

His Excellency Mohammed Saif Al Suwaidi, Director General of Abu Dhabi Fund for Development (ADFD), welcomed the non-resident Maldivian Ambassador to the UAE, His Excellency Abdullah Hamid, to discuss renewed UAE-Maldives bi-lateral relations. The meeting, attended by ADFD’s senior management, explored new ways of collaboration and cooperation between the Fund and Maldives. Moreover, it highlight...

Abu Dhabi:22 Dec 2016

His Excellency Mohammed Saif Al Suwaidi, Director General of Abu Dhabi Fund for Development (ADFD), welcomed the non-resident Maldivian Ambassador to the UAE, His Excellency Abdullah Hamid, to discuss renewed UAE-Maldives bi-lateral relations. The meeting, attended by ADFD’s senior management, explored new ways of collaboration and cooperation between the Fund and Maldives. Moreover, it highlight...

Abu Dhabi:20 Dec 2016

Abu Dhabi Fund for Development (ADFD) welcomed a visiting ministerial delegation from the United Republic of Tanzania at its headquarters. At the meeting, Adel Al Hosani, Director of ADFD’s Operations Department, discussed the Fund’s current and upcoming socio-economic development ventures in Tanzania with His Excellency Makame Mbarawa, Tanzanian Minister of Works, Transport and Communication. Bo...

Abu Dhabi:20 Dec 2016

Abu Dhabi Fund for Development (ADFD) welcomed a visiting ministerial delegation from the United Republic of Tanzania at its headquarters. At the meeting, Adel Al Hosani, Director of ADFD’s Operations Department, discussed the Fund’s current and upcoming socio-economic development ventures in Tanzania with His Excellency Makame Mbarawa, Tanzanian Minister of Works, Transport and Communication. Bo...

Abu Dhabi:12 Dec 2016

Abu Dhabi Fund for Development (ADFD) in collaboration with the Department of Economic Development – Abu Dhabi (ADDED) hosted a seminar, on the importance of innovation in the workplace across the UAE. In attendance were ADFD’s employees and senior management. Faisal Al Hamoudi, ADDED Integrated Innovation Programme Manager, led the seminar. Commending the UAE leadership on the National Innovati...

Abu Dhabi:12 Dec 2016

Abu Dhabi Fund for Development (ADFD) in collaboration with the Department of Economic Development – Abu Dhabi (ADDED) hosted a seminar, on the importance of innovation in the workplace across the UAE. In attendance were ADFD’s employees and senior management. Faisal Al Hamoudi, ADDED Integrated Innovation Programme Manager, led the seminar. Commending the UAE leadership on the National Innovati...

Abu Dhabi:08 Dec 2016

The International Center for Biosaline Agriculture (ICBA) and the Abu Dhabi Fund for Development (ADFD) inaugurated today the Emirates Soil Museum, a unique facility in the Gulf Cooperation Council (GCC) countries and the Middle East and North Africa (MENA) region. The opening of the Emirates Soil Museum is a joint initiative between ICBA and ADFD. Speaking at the inauguration ceremony, Dr. Ismaha...

Abu Dhabi:08 Dec 2016

The International Center for Biosaline Agriculture (ICBA) and the Abu Dhabi Fund for Development (ADFD) inaugurated today the Emirates Soil Museum, a unique facility in the Gulf Cooperation Council (GCC) countries and the Middle East and North Africa (MENA) region. The opening of the Emirates Soil Museum is a joint initiative between ICBA and ADFD. Speaking at the inauguration ceremony, Dr. Ismaha...

Abu Dhabi:27 Nov 2016

Abu Dhabi Fund for Development (ADFD), today organised patriotic festivities in observance of the 45th National Day of the United Arab Emirates. ADFD exemplified UAE pride, glory and triumph with a series of traditional activities, and Memorabilia Museum. On this occasion, His Excellency Mohammed Saif Al Suwaidi, Director General of Abu Dhabi Fund for Development expressed his gratitude and exten...

Abu Dhabi:27 Nov 2016

Abu Dhabi Fund for Development (ADFD), today organised patriotic festivities in observance of the 45th National Day of the United Arab Emirates. ADFD exemplified UAE pride, glory and triumph with a series of traditional activities, and Memorabilia Museum. On this occasion, His Excellency Mohammed Saif Al Suwaidi, Director General of Abu Dhabi Fund for Development expressed his gratitude and exten...

Abu Dhabi:23 Nov 2016

His Excellency Mohammed Saif Al Suwaidi, Director General of Abu Dhabi Fund for Development (ADFD), signed a Memorandum of Understanding (MoU) to the tune of AED12 million with His Excellency Hadidi Amer, Naama Province Section Chief at the  Ministry of Health, Population and Hospital Reform in Algeria. The MoU was signed in the presence of His Highness Sheikh Mansour bin Zayed Al Nahyan, D...

Abu Dhabi:23 Nov 2016

His Excellency Mohammed Saif Al Suwaidi, Director General of Abu Dhabi Fund for Development (ADFD), signed a Memorandum of Understanding (MoU) to the tune of AED12 million with His Excellency Hadidi Amer, Naama Province Section Chief at the  Ministry of Health, Population and Hospital Reform in Algeria. The MoU was signed in the presence of His Highness Sheikh Mansour bin Zayed Al Nahyan, D...

Abu Dhabi:20 Nov 2016

Abu Dhabi Fund for Development (ADFD) signed a concessionary loan agreement to the tune of AED147 million with the Office Nationale des Chemins de Fer du Maroc (ONCFM), Morocco’s national railway operator, to finance the construction of a high-speed train; bridging the gap between the cities of Tangier and Kenitra. Complementing ADFD’s first instalment of AED368 million released in 2010 for the r...

Abu Dhabi:20 Nov 2016

Abu Dhabi Fund for Development (ADFD) signed a concessionary loan agreement to the tune of AED147 million with the Office Nationale des Chemins de Fer du Maroc (ONCFM), Morocco’s national railway operator, to finance the construction of a high-speed train; bridging the gap between the cities of Tangier and Kenitra. Complementing ADFD’s first instalment of AED368 million released in 2010 for the r...

Abu Dhabi:14 Nov 2016

His Excellency Mohammed Saif Al Suwaidi, Director General of Abu Dhabi Fund for Development (ADFD), welcomed and met with Serzh Sargsyan, President of Armenia, during the latter’s visit to the UAE. The two sides reviewed ADFD’s existing developmental ventures in Armenia and explored new schemes, projects and endeavours through which ADFD could support the government of Armenia in achieving the co...

Abu Dhabi:14 Nov 2016

His Excellency Mohammed Saif Al Suwaidi, Director General of Abu Dhabi Fund for Development (ADFD), welcomed and met with Serzh Sargsyan, President of Armenia, during the latter’s visit to the UAE. The two sides reviewed ADFD’s existing developmental ventures in Armenia and explored new schemes, projects and endeavours through which ADFD could support the government of Armenia in achieving the co...

Abu Dhabi:30 Oct 2016

His Excellency Sadat Mansoor Naderi, the Afghan Minister of Urban Development Affairs, visited the headquarters of Abu Dhabi Fund for Development (ADFD) and met with His Excellency Mohammed Saif Al Suwaidi, Director General of ADFD and several of the Fund’s officials to further nurture the partnership between ADFD and Afghanistan . His Excellency Abdul Farid Zikria, Ambassador of Afgha...

Abu Dhabi:30 Oct 2016

His Excellency Sadat Mansoor Naderi, the Afghan Minister of Urban Development Affairs, visited the headquarters of Abu Dhabi Fund for Development (ADFD) and met with His Excellency Mohammed Saif Al Suwaidi, Director General of ADFD and several of the Fund’s officials to further nurture the partnership between ADFD and Afghanistan . His Excellency Abdul Farid Zikria, Ambassador of Afgha...

Abu Dhabi:29 Sep 2016

In Jeddah, Abu Dhabi Fund for Development (ADFD) signed a founders’ agreement with Islamic Development Bank (IDB) to become a founding member at the Lives and Livelihoods Fund (LLF). LLF was initiated by a joint initiative between IDB in collaboration with the Islamic Solidarity Fund for Development (ISFD) and the Bill and Melinda Gates Foundation. In a welcomed venture, ADFD contributes...

Abu Dhabi:29 Sep 2016

In Jeddah, Abu Dhabi Fund for Development (ADFD) signed a founders’ agreement with Islamic Development Bank (IDB) to become a founding member at the Lives and Livelihoods Fund (LLF). LLF was initiated by a joint initiative between IDB in collaboration with the Islamic Solidarity Fund for Development (ISFD) and the Bill and Melinda Gates Foundation. In a welcomed venture, ADFD contributes...

Abu Dhabi:27 Sep 2016

In celebration of the Year of Reading, Abu Dhabi Fund for Development (ADFD) in collaboration with Abu Dhabi Tourism and Culture Authority hosted a cultural symposium featuring Emirati researcher Abdullah Abdul Rahman. The symposium entailed a dialogue and a flow of ideas about his book series titled, “Finjan Qahwa”. H.E. Mohammed Saif Al Suwaidi, Director General of Abu Dhab...

Abu Dhabi:27 Sep 2016

In celebration of the Year of Reading, Abu Dhabi Fund for Development (ADFD) in collaboration with Abu Dhabi Tourism and Culture Authority hosted a cultural symposium featuring Emirati researcher Abdullah Abdul Rahman. The symposium entailed a dialogue and a flow of ideas about his book series titled, “Finjan Qahwa”. H.E. Mohammed Saif Al Suwaidi, Director General of Abu Dhab...

Abu Dhabi:28 Aug 2016

Abu Dhabi Fund for Development, the UAE’s international development arms, has today hosted its annual Women and Innovation seminar to mark Emirati Women’s Day. Moderated by Fatima Al Balooshi, Head of Media and Communications at Abu Dhabi Fund for Development the seminar had key note contributions from Dr. Omniyat Al-Hajri, Director of Public Health and Research at Health Aut...

Abu Dhabi:28 Aug 2016

Abu Dhabi Fund for Development, the UAE’s international development arms, has today hosted its annual Women and Innovation seminar to mark Emirati Women’s Day. Moderated by Fatima Al Balooshi, Head of Media and Communications at Abu Dhabi Fund for Development the seminar had key note contributions from Dr. Omniyat Al-Hajri, Director of Public Health and Research at Health Aut...

Abu Dhabi:25 Aug 2016

Bahrain’s housing shortage due to its growing population and economic boom is soon to come to an end thanks to a 374m AED grant from Abu Dhabi Fund for Development, the UAE’s international development arm (ADFD). The grant, formalised in a signing contracts in Bahrain, enables the beginning of the construction of North City (Al Madina Al Shamliya) for infrastructure services to support the buildin...

Abu Dhabi:25 Aug 2016

Bahrain’s housing shortage due to its growing population and economic boom is soon to come to an end thanks to a 374m AED grant from Abu Dhabi Fund for Development, the UAE’s international development arm (ADFD). The grant, formalised in a signing contracts in Bahrain, enables the beginning of the construction of North City (Al Madina Al Shamliya) for infrastructure services to support the buildin...

Abu Dhabi:23 Aug 2016

Abu Dhabi Fund for Development (ADFD), the UAE’s international development arm, announced that it has deposited US$1 billion in the Central Bank of Egypt for a period of 6 years to finance development projects and support the economic growth of Egypt. The historic agreement was signed between His Excellency Mohammed Saif Al Suwadi, Director General of ADFD, and His Excellency Tariq Hassan Amer, G...

Abu Dhabi:23 Aug 2016

Abu Dhabi Fund for Development (ADFD), the UAE’s international development arm, announced that it has deposited US$1 billion in the Central Bank of Egypt for a period of 6 years to finance development projects and support the economic growth of Egypt. The historic agreement was signed between His Excellency Mohammed Saif Al Suwadi, Director General of ADFD, and His Excellency Tariq Hassan Amer, G...

Abu Dhabi:28 Jun 2016

In keeping with the spirit of the Holy Month of Ramadan, Abu Dhabi Fund for Development (ADFD) hosted a lecture delivered by Omar Habtoor Al Darei, Director of Fatwa Department at the General Authority of Islamic Affairs and Endowments, on the importance of loyalty and belongingness to one’s homeland. In his lecture, Al Darei highlighted the importance of loyalty to the nation and its ...

Abu Dhabi:28 Jun 2016

In keeping with the spirit of the Holy Month of Ramadan, Abu Dhabi Fund for Development (ADFD) hosted a lecture delivered by Omar Habtoor Al Darei, Director of Fatwa Department at the General Authority of Islamic Affairs and Endowments, on the importance of loyalty and belongingness to one’s homeland. In his lecture, Al Darei highlighted the importance of loyalty to the nation and its ...

Abu Dhabi:21 Jun 2016

Australian Ambassador Commends ADFD’s Efforts in Supporting International Development His Excellency Arthur Spiro, Australian Ambassador to the UAE, met with His Excellency Mohammed Saif Al Suwaidi, Director General of Abu Dhabi Fund for Development (ADFD), at the Fund’s headquarters in Abu Dhabi. During the meeting, the two sides examined ways of enhancing bilateral cooperati...

Abu Dhabi:21 Jun 2016

Australian Ambassador Commends ADFD’s Efforts in Supporting International Development His Excellency Arthur Spiro, Australian Ambassador to the UAE, met with His Excellency Mohammed Saif Al Suwaidi, Director General of Abu Dhabi Fund for Development (ADFD), at the Fund’s headquarters in Abu Dhabi. During the meeting, the two sides examined ways of enhancing bilateral cooperati...

Abu Dhabi:16 Jun 2016

In keeping with the spirit of the Holy Month of Ramadan, Abu Dhabi Fund for Development (ADFD) hosted a lecture delivered by Khalifa Mubarak Al Dhaheri, prominent Emirati preacher and media personality from the General Authority of Islamic Affairs and Endowments on the Importance of Reading. The lecture aimed to promote the culture of reading and learning among ADFD staff in line with the direc...

Abu Dhabi:16 Jun 2016

In keeping with the spirit of the Holy Month of Ramadan, Abu Dhabi Fund for Development (ADFD) hosted a lecture delivered by Khalifa Mubarak Al Dhaheri, prominent Emirati preacher and media personality from the General Authority of Islamic Affairs and Endowments on the Importance of Reading. The lecture aimed to promote the culture of reading and learning among ADFD staff in line with the direc...

Abu Dhabi:22 May 2016

The Abu Dhabi Fund for Development (ADFD), Abu Dhabi’s international development body, today announced the launch of a brand new, innovative training and support programme in electricity and water management in partnership with the Federal Electricity and Water Authority (FEWA) for the rapidly expanding Seychelles energy and infrastructure sectors. The programme will provide a platform...

Abu Dhabi:22 May 2016

The Abu Dhabi Fund for Development (ADFD), Abu Dhabi’s international development body, today announced the launch of a brand new, innovative training and support programme in electricity and water management in partnership with the Federal Electricity and Water Authority (FEWA) for the rapidly expanding Seychelles energy and infrastructure sectors. The programme will provide a platform...

Abu Dhabi:20 Apr 2016

Abu Dhabi Fund for Development (ADFD) has signed a new cooperation and support agreement with the International Renewable Energy Agency (IRENA), based in Abu Dhabi, to ensure the effective allocation of the $350m of funds pledged by ADFD for renewable energy projects in developing countries around the world. The IRENA/ADFD Project Facility has already allocated $144m worth of funds over three cy...

Abu Dhabi:20 Apr 2016

Abu Dhabi Fund for Development (ADFD) has signed a new cooperation and support agreement with the International Renewable Energy Agency (IRENA), based in Abu Dhabi, to ensure the effective allocation of the $350m of funds pledged by ADFD for renewable energy projects in developing countries around the world. The IRENA/ADFD Project Facility has already allocated $144m worth of funds over three cy...

Abu Dhabi:18 Feb 2016

Abu Dhabi Fund for Development contributing of 919 million Dollar to the Bahrain International Airport expansion project, over 80% of the project’s cost Project forms part of the wider 2.5 billion Dollar grant to the  GCC Bahrain Development Programme Abu Dhabi-UAE: 17 February, 2016 – Abu Dhabi Fund for Development (ADFD) has taken part in the ground-breaking ceremony which kick starte...

Abu Dhabi:18 Feb 2016

Abu Dhabi Fund for Development contributing of 919 million Dollar to the Bahrain International Airport expansion project, over 80% of the project’s cost Project forms part of the wider 2.5 billion Dollar grant to the  GCC Bahrain Development Programme Abu Dhabi-UAE: 17 February, 2016 – Abu Dhabi Fund for Development (ADFD) has taken part in the ground-breaking ceremony which kick starte...

Abu Dhabi:17 Feb 2016

His Highness Sheikh Mohammed Bin Rashid Al Maktoum, the UAE Vice President and Prime Minister and Ruler of Dubai, honoured Abu Dhabi Fund for Development for its active participation in the World Government Summit as a strategic partner. He applauded the efforts of all partners and sponsors including ADFD in supporting the events hosted by the UAE and promoting the reputation of the country on an ...

Abu Dhabi:17 Feb 2016

His Highness Sheikh Mohammed Bin Rashid Al Maktoum, the UAE Vice President and Prime Minister and Ruler of Dubai, honoured Abu Dhabi Fund for Development for its active participation in the World Government Summit as a strategic partner. He applauded the efforts of all partners and sponsors including ADFD in supporting the events hosted by the UAE and promoting the reputation of the country on an ...

Abu Dhabi:10 Feb 2016

The Abu Dhabi Fund for Development participated in the World Government Summit, held from 8 to 10 February, 2016 in Dubai under the theme 'Shaping Future Governments', as a strategic partner. Mohammed Saif Al Suwaidi, Director General of ADFD, joined other government officials at the summit to discuss international goals for sustainable development, coordination and combined efforts for a...

Abu Dhabi:10 Feb 2016

The Abu Dhabi Fund for Development participated in the World Government Summit, held from 8 to 10 February, 2016 in Dubai under the theme 'Shaping Future Governments', as a strategic partner. Mohammed Saif Al Suwaidi, Director General of ADFD, joined other government officials at the summit to discuss international goals for sustainable development, coordination and combined efforts for a...

Abu Dhabi:08 Feb 2016

Abu Dhabi Fund for Development (ADFD) signed an AED55 million (US$15 million) loan agreement with Argentina to finance the construction of the Nahave Hydropower project in the north of the country. The project financing agreement was formalized at a ceremony attended by His Highness Sheikh Abdullah bin Zayed Al Nahyan, UAE Minister of Foreign Affairs and Her Excellency Susana Malcorra, Argentina&#...

Abu Dhabi:08 Feb 2016

Abu Dhabi Fund for Development (ADFD) signed an AED55 million (US$15 million) loan agreement with Argentina to finance the construction of the Nahave Hydropower project in the north of the country. The project financing agreement was formalized at a ceremony attended by His Highness Sheikh Abdullah bin Zayed Al Nahyan, UAE Minister of Foreign Affairs and Her Excellency Susana Malcorra, Argentina&#...

Abu Dhabi:03 Feb 2016

Abu Dhabi Fund for Development and participate in the week

Abu Dhabi:03 Feb 2016

Abu Dhabi Fund for Development and participate in the week

Abu Dhabi:02 Feb 2016

Abu Dhabi Fund for Development (ADFD) has inked an AED55 million (US$15 million) loan agreement with Saint Vincent and the Grenadines to set up a geothermal power station in the island country. The agreement, the first of its kind between ADFD and St. Vincent and the Grenadines, was signed between H.E Mohammed Saif Al Suwaidi, Director General of Abu Dhabi Fund for Development (ADFD) and H.E Ralph...

Abu Dhabi:02 Feb 2016

Abu Dhabi Fund for Development (ADFD) has inked an AED55 million (US$15 million) loan agreement with Saint Vincent and the Grenadines to set up a geothermal power station in the island country. The agreement, the first of its kind between ADFD and St. Vincent and the Grenadines, was signed between H.E Mohammed Saif Al Suwaidi, Director General of Abu Dhabi Fund for Development (ADFD) and H.E Ralph...

Abu Dhabi:17 Jan 2016

His Excellency Mohammed Saif Al Suwaidi, Director General of Abu Dhabi Fund for Development (ADFD) participated in the opening of the Asian Infrastructure Investment Bank (AIIB) in China. AIIB was set up to serve as a new platform for regional and international cooperation in infrastructure development across Asia. UAE joined Asian Infrastructure Investment Bank (AIIB) as a permanent founding me...

Abu Dhabi:17 Jan 2016

His Excellency Mohammed Saif Al Suwaidi, Director General of Abu Dhabi Fund for Development (ADFD) participated in the opening of the Asian Infrastructure Investment Bank (AIIB) in China. AIIB was set up to serve as a new platform for regional and international cooperation in infrastructure development across Asia. UAE joined Asian Infrastructure Investment Bank (AIIB) as a permanent founding me...

Abu Dhabi:16 Jan 2016

ADFD participated in the World Future Energy Summit (WFES) convened on the sidelines of Abu Dhabi Sustainability Week. ADFD’s pavilion at WFES provided visitors with a glimpse of the critical role played by the Fund in supporting renewable energy projects across developing countries. In addition, ADFD highlighted its contribution to financing development projects in various developing co...

Abu Dhabi:16 Jan 2016

ADFD participated in the World Future Energy Summit (WFES) convened on the sidelines of Abu Dhabi Sustainability Week. ADFD’s pavilion at WFES provided visitors with a glimpse of the critical role played by the Fund in supporting renewable energy projects across developing countries. In addition, ADFD highlighted its contribution to financing development projects in various developing co...

Abu Dhabi:30 Nov 2015

ADFD took part in the 36th ministerial meeting of OPEC Fund for International Development (OFID) as part of the UAE delegation. Held in Vienna, <span style="color: #000000; font-family: 'Helvetica Neue', Helvetica, Arial, sans-serif; font-size: 12px; font-style: normal; font-variant: normal; font-weight: bold; letter-spacing: normal; line-height: normal; orp...

Abu Dhabi:30 Nov 2015

ADFD took part in the 36th ministerial meeting of OPEC Fund for International Development (OFID) as part of the UAE delegation. Held in Vienna, <span style="color: #000000; font-family: 'Helvetica Neue', Helvetica, Arial, sans-serif; font-size: 12px; font-style: normal; font-variant: normal; font-weight: bold; letter-spacing: normal; line-height: normal; orp...

Abu Dhabi:03 Nov 2015

Abu Dhabi-UAE: 3 November, 2014 – Abu Dhabi Fund for Development (ADFD) participated today in the UAE Flag Day celebrations by hoisting the national flag in the ADFD premises, as per the instructions of His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President of the UAE and Ruler of Dubai. The day coincides with the ascension of His Highness Sheikh Khalifa bin Zayed Al Nahyan, Presid...

Abu Dhabi:03 Nov 2015

Abu Dhabi-UAE: 3 November, 2014 – Abu Dhabi Fund for Development (ADFD) participated today in the UAE Flag Day celebrations by hoisting the national flag in the ADFD premises, as per the instructions of His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President of the UAE and Ruler of Dubai. The day coincides with the ascension of His Highness Sheikh Khalifa bin Zayed Al Nahyan, Presid...

Abu Dhabi:05 Oct 2015

Abu Dhabi Fund for Development (ADFD) has offered the Government of Cuba AED55 million in concessionary loan to support the energy sector and promote the overall economic development in Cuba. The loan agreement was formalized at a signing ceremony held during a visit by the UAE delegation headed by His Highness Sheikh Abdullah bin Zayed Al Nahyan, Minister of Foreign Affairs to Cuba. The agreemen...

Abu Dhabi:05 Oct 2015

Abu Dhabi Fund for Development (ADFD) has offered the Government of Cuba AED55 million in concessionary loan to support the energy sector and promote the overall economic development in Cuba. The loan agreement was formalized at a signing ceremony held during a visit by the UAE delegation headed by His Highness Sheikh Abdullah bin Zayed Al Nahyan, Minister of Foreign Affairs to Cuba. The agreemen...

Abu Dhabi:29 Jun 2015

Al Jaber: Signing of AOA Articulates Importance Placed by UAE Leadership on Supporting Infrastructure Development Projects Al Suwaidi: Agreement with AIIB Aligned with the UAE Leadership Vision to Promote International Collaboration AIIB Provides New Platform for Regional and International Cooperation in Infrastructure Development across Asia Abu Dhabi-UAE: 29 June 2015 – The UAE has...

Abu Dhabi:29 Jun 2015

Al Jaber: Signing of AOA Articulates Importance Placed by UAE Leadership on Supporting Infrastructure Development Projects Al Suwaidi: Agreement with AIIB Aligned with the UAE Leadership Vision to Promote International Collaboration AIIB Provides New Platform for Regional and International Cooperation in Infrastructure Development across Asia Abu Dhabi-UAE: 29 June 2015 – The UAE has...

Abu Dhabi:22 Jun 2015

Abu Dhabi-UAE: 22 June, 2015 &ndash; Abu Dhabi Fund for Development (ADFD) signed a loan agreement with the government of the Republic of Maldives, by which ADFD will finance AED22 million a project that will generate energy from waste. <p>The loan agreement articulates ADFD&rsquo;s priority to finance renewable energy in brotherly and friendly countries given the importance of ...

Abu Dhabi:22 Jun 2015

Abu Dhabi-UAE: 22 June, 2015 &ndash; Abu Dhabi Fund for Development (ADFD) signed a loan agreement with the government of the Republic of Maldives, by which ADFD will finance AED22 million a project that will generate energy from waste. <p>The loan agreement articulates ADFD&rsquo;s priority to finance renewable energy in brotherly and friendly countries given the importance of ...

Abu Dhabi:08 Jan 2015

Abu Dhabi:08 Jan 2015

Abu Dhabi:20 Nov 2014

Abu Dhabi-UAE: 20 November, 2014 - Abu Dhabi Fund for Development (ADFD) is set to extend AED110 million in soft loans to the Republic of Madagascar for the construction of a 117km two-lane road and seven bridges that will connect key rural areas of the country. <p> Confirming the Fund’s support, a Memorandum of Understanding (MoU) was signed between His Excellency Mohammed Saif Al Suwaidi, ...

Abu Dhabi:20 Nov 2014

Abu Dhabi Fund for Development to Finance Key Infrastructure Projects in Madagascar Fund Signs AED110 Million Loan Agreement with Republic of Madagascar to Support Construction of Key Roads, Bridges Abu Dhabi-UAE: 20 November, 2014 - Abu Dhabi Fund for Development (ADFD) is set to extend AED110 million in soft loans to the Republic of Madagascar for the construction of a 117km two-lane road ...

Abu Dhabi:20 Nov 2014

Abu Dhabi-UAE: 20 November, 2014 - Abu Dhabi Fund for Development (ADFD) is set to extend AED110 million in soft loans to the Republic of Madagascar for the construction of a 117km two-lane road and seven bridges that will connect key rural areas of the country. <p> Confirming the Fund’s support, a Memorandum of Understanding (MoU) was signed between His Excellency Mohammed Saif Al Suwaidi, ...

Abu Dhabi:20 Nov 2014

Abu Dhabi Fund for Development to Finance Key Infrastructure Projects in Madagascar Fund Signs AED110 Million Loan Agreement with Republic of Madagascar to Support Construction of Key Roads, Bridges Abu Dhabi-UAE: 20 November, 2014 - Abu Dhabi Fund for Development (ADFD) is set to extend AED110 million in soft loans to the Republic of Madagascar for the construction of a 117km two-lane road ...

Abu Dhabi:18 Nov 2014

Abu Dhabi-UAE: 18 November, 2014 - Abu Dhabi Fund for Development (ADFD) has concluded a training program in Results Based Management (RBM) in collaboration with German Agency for International Cooperation (GIZ). <p> The training program was delivered as part of ADFD’s priority to enhance cooperation with other development agencies through providing training programmes that help improve...

Abu Dhabi:18 Nov 2014

Abu Dhabi-UAE: 18 November, 2014 - Abu Dhabi Fund for Development (ADFD) has concluded a training program in Results Based Management (RBM) in collaboration with German Agency for International Cooperation (GIZ). <p> The training program was delivered as part of ADFD’s priority to enhance cooperation with other development agencies through providing training programmes that help improve...

Abu Dhabi:17 Nov 2014

Abu Dhabi Fund for Development (ADFD), the leading national entity for international development aid, celebrated the fifth annual Emirati Women’s Day, themed ‘Emirati Women: Icons of Tolerance’ in line with the UAE’s Year of Tolerance, with an inspirational seminar. The seminar featured two successful Emirati women –Dr. Engineer Suaad Al Shamsi, First UAE aviation engineer, and Amani Al Hosani...

Abu Dhabi:17 Nov 2014

Abu Dhabi Fund for Development (ADFD), the leading national entity for international development aid, celebrated the fifth annual Emirati Women’s Day, themed ‘Emirati Women: Icons of Tolerance’ in line with the UAE’s Year of Tolerance, with an inspirational seminar. The seminar featured two successful Emirati women –Dr. Engineer Suaad Al Shamsi, First UAE aviation engineer, and Amani Al Hosani...

Abu Dhabi:30 Aug 2014

Abu Dhabi, UAE – 29 August, 2014: The Samoan Prime Minister, the Honorable Tuilaepa Aiono Sailele Malielegaoi, today inaugurated the country’s first wind farm. Delivered by Masdar, Abu Dhabi’s renewable energy company, the 550 kWe project is the second completed under the United Arab Emirates’ (UAE) $50 million Pacific Partnership Fund, which is managed by Abu Dhabi Fund for Development (ADFD). Th...

Abu Dhabi:30 Aug 2014

Abu Dhabi, UAE – 29 August, 2014: The Samoan Prime Minister, the Honorable Tuilaepa Aiono Sailele Malielegaoi, today inaugurated the country’s first wind farm. Delivered by Masdar, Abu Dhabi’s renewable energy company, the 550 kWe project is the second completed under the United Arab Emirates’ (UAE) $50 million Pacific Partnership Fund, which is managed by Abu Dhabi Fund for Development (ADFD). Th...

Abu Dhabi:01 Jul 2014

Abu Dhabi Fund for Development (ADFD) signed a loan agreement by virtue of which ADFD will provide more than  AED 36.7 million loan to the Republic of Gambia. The loan will be used in financing the reconstruction and upgrading of the “Laminkoto – Passimus” road project. ADFD’s contribution in financing this vital project came from the belief in the important role played by the road networks...

Abu Dhabi:01 Jul 2014

AED 36.7 million as a loan agreement ADFD finances a major road project in Gambia   • Al Suwaidi: Road project will have a positive impact on the achievement of economic integration, and stimulating social development in the country Abu Dhabi 1st July, 2014 Abu Dhabi Fund for Development (ADFD) signed a loan agreement by virtue of which ADFD will provide more than  AED 36.7 millio...

Abu Dhabi:01 Jul 2014

Abu Dhabi Fund for Development (ADFD) signed a loan agreement by virtue of which ADFD will provide more than  AED 36.7 million loan to the Republic of Gambia. The loan will be used in financing the reconstruction and upgrading of the “Laminkoto – Passimus” road project. ADFD’s contribution in financing this vital project came from the belief in the important role played by the road networks...

Abu Dhabi:01 Jul 2014

AED 36.7 million as a loan agreement ADFD finances a major road project in Gambia   • Al Suwaidi: Road project will have a positive impact on the achievement of economic integration, and stimulating social development in the country Abu Dhabi 1st July, 2014 Abu Dhabi Fund for Development (ADFD) signed a loan agreement by virtue of which ADFD will provide more than  AED 36.7 millio...

Abu Dhabi:29 Jun 2014

“Solar Park Project Receiving AED 33 Million” ADFD bolstering the renewable energy sector in Sierra Leone Abu Dhabi, 29th June 2014 – Abu Dhabi Fund for Development (ADFD) has signed a loan agreement with the government of Sierra Leone, by which ADFD will provide more than AED 33 million in financing to the “Solar Park Freetown” project in Sierra Leone. The agreement was signed by His Excellenc...

Abu Dhabi:29 Jun 2014

“Solar Park Project Receiving AED 33 Million” ADFD bolstering the renewable energy sector in Sierra Leone Abu Dhabi, 29th June 2014 – Abu Dhabi Fund for Development (ADFD) has signed a loan agreement with the government of Sierra Leone, by which ADFD will provide more than AED 33 million in financing to the “Solar Park Freetown” project in Sierra Leone. The agreement was signed by His Excellenc...

Abu Dhabi:26 May 2014

<strong>“Establishment of 4 stations for power generation” ADFD prop up the renewable energy sector in Mauritania</strong> Abu Dhabi, 26th May 2014 – Abu Dhabi Fund for Development (ADFD) has signed a loan agreement with the government of Mauritania, by which ADFD will provide AED 18.36 million to contribute in financing 4 power stations in four different cities in Mauritania. The ag...

Abu Dhabi:26 May 2014

<strong>“Establishment of 4 stations for power generation” ADFD prop up the renewable energy sector in Mauritania</strong> Abu Dhabi, 26th May 2014 – Abu Dhabi Fund for Development (ADFD) has signed a loan agreement with the government of Mauritania, by which ADFD will provide AED 18.36 million to contribute in financing 4 power stations in four different cities in Mauritania. The ag...

Abu Dhabi:09 Mar 2014

Abu Dhabi, 9th Mar 2014 – Abu Dhabi Fund for Development (ADFD) has signed a loan agreement with the government of Serbia, by which ADFD will provide AED 356 million to contribute in financing a significant project in agriculture sector specifically irrigated agriculture. The agreement was signed by His Excellency Mohammed Saif Al Suwaidi, Director General of ADFD and H.E Lazar Krstic, Minister of...

Abu Dhabi:09 Mar 2014

Abu Dhabi, 9th Mar 2014 – Abu Dhabi Fund for Development (ADFD) has signed a loan agreement with the government of Serbia, by which ADFD will provide AED 356 million to contribute in financing a significant project in agriculture sector specifically irrigated agriculture. The agreement was signed by His Excellency Mohammed Saif Al Suwaidi, Director General of ADFD and H.E Lazar Krstic, Minister of...

Abu Dhabi:26 Feb 2014

<strong>“Establishment of 3 university colleges” ADFD supports the higher education system in Zambia </strong> Abu Dhabi, 26th Feb 2014 – Abu Dhabi Fund for Development (ADFD) has signed a loan agreement with the government of Zambia, by which ADFD will provide AED 36.7 million to contribute in establishing 3 university colleges in three different sites of the country. The agreement...

Abu Dhabi:26 Feb 2014

<strong>“Establishment of 3 university colleges” ADFD supports the higher education system in Zambia </strong> Abu Dhabi, 26th Feb 2014 – Abu Dhabi Fund for Development (ADFD) has signed a loan agreement with the government of Zambia, by which ADFD will provide AED 36.7 million to contribute in establishing 3 university colleges in three different sites of the country. The agreement...

Abu Dhabi:24 Jan 2014

Masdar, in partnership with Abu Dhabi Fund for Development, will develop wind and solar projects to support economic and social development across the Pacific Islands Abu Dhabi, UAE – 20 January, 2014: The United Arab Emirates today signed partnerships with five Pacific island countries to deploy renewable energy projects, financed from the US$50 million UAE-Pacific Partnership Fund. The sola...

Abu Dhabi:24 Jan 2014

Masdar, in partnership with Abu Dhabi Fund for Development, will develop wind and solar projects to support economic and social development across the Pacific Islands Abu Dhabi, UAE – 20 January, 2014: The United Arab Emirates today signed partnerships with five Pacific island countries to deploy renewable energy projects, financed from the US$50 million UAE-Pacific Partnership Fund. The sola...

Abu Dhabi:21 Jan 2014

<strong>AED 53.3 million as loan agreement ADFD supports the transportation sector in Senegal    </strong> • Al Suwaidi: Road project will reflect positively on the economic growth, and stimulating social development in the country Abu Dhabi 21st Jan, 2014 Abu Dhabi Fund for Development (ADFD) signed a loan agreement by virtue of which ADFD will provide more than AED...

Abu Dhabi:21 Jan 2014

<strong>AED 53.3 million as loan agreement ADFD supports the transportation sector in Senegal    </strong> • Al Suwaidi: Road project will reflect positively on the economic growth, and stimulating social development in the country Abu Dhabi 21st Jan, 2014 Abu Dhabi Fund for Development (ADFD) signed a loan agreement by virtue of which ADFD will provide more than AED...

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