ADFD

Abu Dhabi Fund for Development hosts seminar

Abu Dhabi - Emirates Voice

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 Dr. Mouza Obaid Ghanim Ghubash, Chairwoman of the Rewaq Ousha bintRead more

ADFD funds Dh5.7 billion Jordan projects in 2016

Abu Dhabi - Emirates Voice

The Abu Dhabi Fund for Development (ADFD) has provided financing for 31 development projects in Jordan with a cumulative value of Dh5.7 billion through government grants and concessionary loans by the end of 2016. The projects covered several sectors, namely mining, water and irrigation, transport, housing, agriculture, energy, education and healthcare, it was revealed in a report issued by theRead more

ADFD finances AED700 million worth of development

Abu Dhabi - WAM

Abu Dhabi Fund for Development, ADFD, has financed AED700 million worth of development projects in Bangladesh. In a report, the Fund said that it has provided the Bangladeshi government with grants and concessionary loans to fund nine development projects. These projects covered several sectors including industry, energy, and infrastructure. Mohammed Saif Al Suwaidi, Director General of ADFD stressed Fund's keennessRead more

Sudanese central Bank receives $400m from Abu Dhabi Fund

Abu Dhabi - Arab Today

Sudanese central Bank received 400 million USD from Abu Dhabi Fund For Development “ADFD” after signing an agreement targets to increase liquidity stimulates economic growth in Sudan, reported Asharq Al-Awsat. The agreement was signed in the headquarters of ADFD by Mohammed Saif Al Suwaidi, director-general of ADFD, and Hazim Abdegadir Ahmed Babiker, governor and chairman of Sudan’s Central Bank.Read more

ADFD contributes $200m for King Hussein Medical City

Amman - Arab Today

Abu Dhabi Fund for Development (ADFD) announced a AED735 million ($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 ($1.25 billion) to the Gulf Development Fund, a five-year grant program from the GCC member countries to financeRead more

IRENA, ADFD to fund renewable energy projects in four developing countries

Dubai - Xinhua

The International Renewable Energy Agency (IRENA) said Saturday that it will work with a fund in Abu Dhabi to channel 44.5 million U.S. dollars to four renewable energy projects in Marshall Islands, Niger, Seychelles and Solomon Islands. The government-controlled Abu Dhabi Fund for Development (ADFD) will support "a diverse set of projects including a hybrid micro-grid project employing solar photovoltaicRead more

ADFD: AED2.7 billion in development contributions for 2015

Abu dhabi - WAM

Abu Dhabi Fund for Development, ADFD, ranked second in UAE foreign aid contributions, according to the report titled "UAE's Foreign Aid in 2015" by the Ministry of Foreign Affairs and International Cooperation, MoFAIC. ADFD’s expenditure amounts to AED2.70 billion (US$736.73 million), whereas government aid, ranked first with 86.1% market share of total aid spent; AED27.84 billion (US$7.57 billion), bringing theRead more

Abu Dhabi Fund for Development discusses

Abu dhabi - WAM

Abu Dhabi Fund for Development, ADFD, has received 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 Makame Mbarawa, Tanzanian Minister of Works, Transport and Communication. Both parties stressed their keenness to furtherRead more

ADFD organises event to celebrate #UAENationalDay45

Abu dhabi - WAM

Abu Dhabi Fund for Development (ADFD) today organised event in celebration of #UAENationalDay45. On this occasion, Mohammed Saif Al Suwaidi, Director-General of Abu Dhabi Fund expressed his gratitude and extended his appreciation to President His Highness Sheikh Khalifa bin Zayed Al Nahyan, Vice President, Prime Minister and Ruler of Dubai, His Highness Sheikh Mohammed bin Rashid Al Maktoum, His HighnessRead more

ADFD secures AED 12 million for Algeria’s Health Sector

Abu dhabi - Arab Today

Mohammed Saif Al Suwaidi, Director General of Abu Dhabi Fund for Development (ADFD), has signed a Memorandum of Understanding ,MoU, to the tune of AED12 million with 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 H.H. Sheikh Mansour bin Zayed Al Nahyan, DeputyRead more