Adfd News Today

ADFD financed projects worth Dh6.5b in Jordan, says Al Suwaidi Filed on April 11, 2021 The projects financed by ADFD in Jordan have directly contributed to realising the Jordanian Government’s visions and objectives and supported local development programmes . — Wam The fund has had strategic ties with the Jordanian Government for over four decades. Mohammed Saif Al Suwaidi, Director-General of the Abu Dhabi Fund for Development, stated that the fund has helped finance hundreds of d...

“A series of applications have been approved, while the remainder are under review, with the final decision expected to be taken within the first half of this year.” To qualify for funding, a company must be registered in the UAE and its annual returns should not be less than Dh80m. The initiative is one of several measures taken by ADFD to support the countrys economy and encourage joint investment in the development and implementation of new projects on a global scale. Over the past 10 ye...

ADFD finances 90 renewable energy projects worth Dh4.7b over a decade Filed on January 25, 2021 ADFD in collaboration with Irena launched an initiative with a commitment of Dh1.28 billion ($350 million) to support renewable energy projects in developing countries. ADFD supports the UAE’s effort towards driving energy transition at home and around the world by financing innovative renewable-energy projects. Abu Dhabi Fund for Development (ADFD) has been supporting the country’s effor...