The fund is committed to supporting development projects
The Abu Dhabi Fund for Development’s (ADFD) has managed AED 83 billion concessionary loans and government grants since its inception in 1971.
The ADFD is committed to supporting development projects in developing countries across the Middle East, Africa, Asia Pacific, and Latin America the fund said in a statement.
Media Advisor at ADFD Fatima Al Balooshi referred to the fund’s efforts to support the UAE’s economy through facilitating AED 16.5 billion business deals in the last decade.
“The Fund has also taken on an active role in creating jobs and advancing sustainable economic growth in developing countries,” director-general of ADFD Mohammed Saif Al Suwaidi commented.
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