Until the end of June 2022

185.2 billion dirhams of financing, investments and deposits of the Abu Dhabi Fund for Development

The Abu Dhabi Fund for Development seeks to support the societies of developing countries and work to achieve their development plans.

From the source

The Abu Dhabi Fund for Development confirmed that the exceptional achievements that have been achieved since its establishment in 1971, and over 51 years of development, came thanks to the continuous support and direct attention of the leadership, as its ambitious future vision had the supporting foundations that contributed to building the economies of developing countries. support the national economy and enhance its global competitiveness.

On the occasion of the 51st anniversary of its establishment, the fund revealed that the value of the funds it provided, including government loans and grants, investments, and deposits until the end of June 2022, amounted to 185.2 billion dirhams.

fund activity

The Abu Dhabi Fund for Development detailed that it has established its position at various levels as a unique model for sustainable development, indicating that the numbers and results achieved until June 2022 prove the high pace of growth of its development and investment activity, as the value of soft loans provided by the Fund to developing countries amounted to 58.12 billion dirhams. Government grants 59.30 billion dirhams, achieving total funds of 117.42 billion dirhams, allocated for the implementation and development of strategic projects that contributed to achieving economic and social development for the societies of 103 countries from different continents of the world.

Investments and deposits

The fund added that its investments amounted to 11.7 billion dirhams, distributed among six main investment tools that included various sectors, while the number of investment companies reached 14 strategic companies, and the number of countries invested in 23 countries, while the fund supports the foreign reserves of countries by depositing sums of money in banks. The central bank in those countries, where the value of these deposits amounted to 56.1 billion dirhams.

Supporting Communities

The Director General of the Abu Dhabi Fund for Development, Mohammed Saif Al Suwaidi, said: "We are moving towards the future with steady steps and high aspirations to achieve the ambitious vision of the UAE and the promising goals of the Fund in supporting the societies of developing countries, and working to achieve their aspirations and development plans."

He stressed that the outcome of the successes that we see today came as a result of following the wise approach of leadership, pointing out that “through the Fund’s various main activities, we were able to reach the desired goals in supporting the national economy and the economies of developing countries, while we look forward to achieving qualitative achievements over the next 50 years. With a primary goal of maintaining the leadership of the UAE, especially as it has reached advanced levels in many global competitiveness indicators.”

local level

The Abu Dhabi Fund for Development indicated a pivotal role in supporting the national economy, as it works to provide promising opportunities for Emirati companies, and gives them priority to implement and develop the Fund's projects in various countries benefiting from its development and investment activities. It is also keen to support and sustain companies' investments in the national private sector. The fund has financing of 1.94 billion dirhams to enable Emirati companies to expand their business.

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