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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: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: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: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: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: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: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: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: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: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: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: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: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: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: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: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: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: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: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: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: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: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: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: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: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: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: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: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: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: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

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

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: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: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: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: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: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: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: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: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: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: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: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: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: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: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: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: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: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: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-UAE: 17 November, 2014 – A high-level government delegation from the Republic of Slovakia headed by His Excellency Dusan Hornyak, Ambassador to the UAE, visited the Abu Dhabi Fund for Development (ADFD) to explore opportunities for further bilateral collaboration with the UAE. <p> His Excellency Mohammed Saif Al Suwaidi, Director General of ADFD, welcomed the delegation and rei...

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: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: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: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...

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