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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...