Chaired the meeting of the Board of Directors of the "Fund"
Mansour bin Zayed: «Abu Dhabi Development» supports the expansion of Emirati companies abroad
Mansour bin Zayed while presiding over the fund's board of directors meeting.
wam
The Board of Directors of the Abu Dhabi Fund for Development held a meeting chaired by His Highness Sheikh Mansour bin Zayed Al Nahyan, Deputy Prime Minister, Minister of Presidential Affairs and Chairman of the Council, in the presence of His Highness Sheikh Abdullah bin Zayed Al Nahyan, Minister of Foreign Affairs and International Cooperation, Vice Chairman of the Council, members of the Council and its Director General.
His Highness Sheikh Mansour bin Zayed Al Nahyan stressed the importance of the Fund's pioneering role in supporting developing countries to achieve their development goals, noting that the Fund's efforts over the past years had a significant impact in consolidating the UAE's prominent position in the field of global development work.
His Highness pointed to the strategic role played by the Fund in supporting Emirati companies and giving them exceptional opportunities that enable them to expand business outside the UAE, in addition to supporting the national economy and enhancing its competitiveness, by providing financing solutions to develop national exports and access to global markets.
During the meeting, the Board of Directors discussed the topics on the agenda, the Fund's activity, the stages of completion of projects funded in a number of beneficiary countries, and future plans, and agreed to finance a number of development projects that met the financing conditions.
For his part, the Director General of the Abu Dhabi Fund for Development, Muhammad Saif Al-Suwaidi, thanked and appreciated His Highness the Chairman, His Highness the Vice President, and the members of the Board, for their interest, tireless efforts and continuous support for the Fund's work process, and for following up on its future programmes, plans and goals, indicating that this support It comes from the wise leadership's keenness to enable the Fund to achieve its goals and objectives in promoting sustainable economic development within the UAE and in developing countries.
He added, "The fund actively contributes to supporting the national economy, to keep pace with the historical achievements of the UAE over the past 50 years, and to move towards a new phase of its inspiring developmental path over the next five decades."
It is noteworthy that the Abu Dhabi Fund for Development contributes to the financing of strategic projects in vital sectors that have benefited 103 countries in different continents of the world, with a value of up to 105 billion dirhams, while the fund's investments amounted to 11 billion dirhams.
Follow our latest local and sports news and the latest political and economic developments via Google news