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Abu Dhabi, UAE: – The Executive Committee of the Abu Dhabi Fund for Development (ADFD) held its first meeting of 2022, chaired by H.H. His Royal Highness Renahyan presides over the Board of Directors, Chairman of the Executive Committee.
His Excellency Ahmed bin Ali Sayegh, Minister of State, His Excellency Faris Mohammad Mazrouei, Adviser to the Presidential Palace, His Excellency Reem Bint Ibrahim Al Hashemi, Minister of State for International Cooperation, The virtual meeting was attended by Kuwaiti Dr. Aliyazia Ali Al Kuwait, Executive Director of Energy of Mubadala Investment Company, member of the Executive Committee and HE Mohamed Saif Al Suwaidi, Director General of ADFD.
A number of topics were discussed during the meeting, including requests for financing development projects in developing countries, and appropriate decisions were taken.
During the meeting, His Highness Sheikh Abdullah bin Zayed Al Nahyan praised the achievements of the Fund and its leading role in promoting the economic development of developing countries and stimulating their various productive sectors, as well as its effective role in supporting the national economy of the United Arab Emirates.
His Highness emphasized the importance of continuing the development process and supporting the international community in achieving its development goals and plans in line with the directives of His Highness Sheikh Mohamed bin Zayed Al Nahyan, President of the UAE, in order to maintain the UAE’s prominence and make it To rank among developed countries in development work at the regional and international levels.
His Excellency Mohamed Saif Al Suwaidi, Director General of the Abu Dhabi Development Fund, thanked and appreciated the efforts of His Highness the Chairman of the Executive Committee and all members in supporting the activities of the Fund and its role in promoting local and global economic development, emphasizing that the achievements of the Fund are the result of leadership The wise guidance of the layer.
His Excellency added: “The activity of development and investment funds has seen a significant increase in the last period. The figures and results achieved until November 2022 point to an increase in the value of financing, as the value of financing is about AED180 billion, benefiting from With a total investment of AED 12 billion in 103 countries on all continents, benefiting 23 countries, the Abu Dhabi Export Office has achieved substantial results in supporting and diversifying the national economy as it provided AED 631 million The financing will help support UAE companies and develop the country’s exports in global markets.
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