Abu Dhabi Fund for Development annual report highlights extent of UAE support for foreign aid
Abu Dhabi Fund for Development
Abu Dhabi Fund for Development launches $120mn luxury hotel project in Egypt
The Sofitel Legend Pyramids Giza project will be financed through a strategic partnership between the private sectors of the UAE and Egypt
Abu Dhabi’s ADFD extends additional $40mn loan for Maldives airport
Abu Dhabi fund has now issued total loans of $90 million for the modernisation and expansion of the critical Velana International Airport
Abu Dhabi fund invests $6.3bn in Bahrain
Abu Dhabi Fund for Development’s partnership with Bahraini Government has seen major developments funded
Abu Dhabi’s ADTIC partners with Accor for $100mn luxury Sofitel Legend Pyramids Hotel in Giza
The 303-room luxury hotel is set to break ground in December 2024
Abu Dhabi fund invests $9.6bn in 42 African countries
Abu Dhabi Fund for Development invests billions of dollars in sustainable projects in Africa
Arab Coordination Group announces $50bn Africa investments
Arab development institutions announce major funding for African projects
Abu Dhabi development fund hits $52bn in investments
Abu Dhabi Fund for Development investments reach $52bn in 104 countries
Abu Dhabi invests $45m in Nigerian road project
Abu Dhabi Fund for Development teams up with Nigerian government to develop infrastructure
ADFD, Masdar set up 5 MW solar PV plant in Seychelles
This is the second clean-energy project in the African island nation
Abu Dhabi Exports Office signs financing pact with West African 15-member group
The $20 million credit line with ECOWAS Bank is aimed at boosting Emirati exports to the African market
Abu Dhabi’s ADFD funds two grain silos in Jordan to keep rising food prices in check
The wheat and barley silos in Jordan’s Juwaideh and Aqaba regions are expected to reduce dependence on food imports, while generating hundreds of jobs and contributing to Jordan’s economic development
Abu Dhabi’s ADEX inks financing deal with Capital Bank of Jordan to boost UAE exports
As part of the deal, a credit line of approximately $20 million will be opened to enhance UAE exports and boost the economies of the two countries
Abu Dhabi’s ADFD launches programme to boost job opportunities for Emiratis
The training will cover diverse areas such as investment, project management, financial affairs, internal auditing and information technology
Sheikh Khalifa was a ‘wise leader’ who dedicated his life to development and humanitarian efforts
The humanitarian stance of Sheikh Khalifa bin Zayed contributed to charting a brighter future not just for the UAE, but also for numerous communities around the world, with the UAE accounting for 80 percent of the global response to the Covid-19 pandemic
World Water Day: Abu Dhabi’s ADFD reveals $544.5 million of investments in water projects across 18 countries
Dams built with ADFD funding generate about 9,000 megawatts of hydroelectricity, serving millions of people
Masdar begins construction on 230MW solar power plant, inks additional clean energy project deals
The project will help generate half a billion kilowatt-hours of electricity annually, enough to meet the needs of more than 110,000 houses, and will reduce emissions by more than 200,000 tonnes a year