Abu Dhabi Fund for Development delivers $59bn in global support, supports 107 countries
The Abu Dhabi Fund for Development (ADFD) has reached a major milestone, delivering $59 billion in funding to support 107 countries worldwide, according to its latest 2024 Annual Report.
The report highlights ADFD’s role in advancing the UAE’s foreign aid strategy, promoting global sustainable development, and empowering local industries to thrive internationally.
Since its founding, ADFD has played a crucial role in financing transformational projects in renewable energy, education, infrastructure, water security, transportation, technology, and housing, all aimed at uplifting partner nations and advancing the UN Sustainable Development Goals (SDGs).
Additionally, ADFD has strengthened the UAE’s national economy, with the Abu Dhabi Exports Office (ADEX) allocating $1.1 billion in financing to support UAE exports to over **40 global.
Abu Dhabi – The United Arab Emirates has issued a strong condemnation of the Israeli Knesset’s preliminary approval of two draft laws s…
Abu Dhabi -- In his capacity as Ruler of Abu Dhabi, President His Highness Sheikh Mohamed bin Zayed Al Nahyan has issued a resolution to reconstitu…
Dubai -- Emirates NBD (ENBD.DU), opens new tab on Thursday reported a 23% rise in third-quarter net profit, driven by record loan growth, days afte…