UAE invests over AED 150 billion in developing countries

Tuesday, 27 July 2021 09:12

By ARN News Staff

Abu Dhabi Fund for Development (website)

Over AED 150 billion has been invested in developing countries through the Abu Dhabi Fund for Development.

The investments were made in a 50-year timespan, positively impacting nearly 100 countries.

They focused on promoting renewable energy, mitigating the impact of COVID-19, increasing local exports and developing the social and economic conditions of these countries.

This funding framework was designed in line with the UAE Vision 2021, the Abu Dhabi Economic Vision 2030, and the UAE Centennial 2071.

More from Local News

Brand Dubai to organise 'Al Etihad Parade'

Dubai is gearing up to host the 'Al Etihad Parade' on December 2 to mark the 54th Eid Al Etihad.
UAE approves over AED 2.5 billion in housing support for citizens

The UAE Cabinet, chaired by His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, has approved 3,567 housing decisions for Emirati citizens in 2025, valued at more than AED 2.54 billion.
Turkey denies allegations of UAE links in Istanbul espionage

Turkey has refuted allegations, circulating on social media, of the UAE's involvement in unlawful espionage activity in Istanbul, with the Turkish Attorney General describing it as "categorically false".
UAE celebrates its workforce in Eid Al Etihad festivities

More than 30 locations across the UAE are hosting special events for workers during the 54th Eid Al Etihad holiday, under the theme 'Our Workers' Happiness in Our Union's Celebration'.
Dubai announces free public parking during Eid Al Etihad holidays

Parking will be free across most public spaces in Dubai during the upcoming Eid Al Etihad holidays.
Sharjah Police offers limited-time black points waiver

Coinciding with the 54th Eid Al Etihad celebrations, Sharjah Police is waiving traffic points for violations committed before December 1, 2025 — provided motorists settle their dues by January 10, 2026.
Sharjah Ruler approves AED150 million traffic flow improvement projects

His Highness Sheikh Dr Sultan bin Mohammed Al Qasimi, Supreme Council Member and Ruler of Sharjah, has given the green light to two development projects, with a budget totaling AED150 million, aimed at enhancing traffic flow in Sharjah.
UAE expresses solidarity with China over victims of apartment complex fire

The UAE has expressed its solidarity with China over the victims of a major fire in an apartment complex in the Tai Po district of Hong Kong on Wednesday that killed at least 94, with dozens still missing.
H.H. Sheikh Mohammed pardons 2,025 prisoners

A total of 2,025 prisoners will be released from Dubai's correctional facilities ahead of the 54th Eid Al Etihad.
Dubai Police crack down on delivery riders in high-speed lanes

Dubai Police have issued 8,152 fines to delivery riders caught using fast lanes, in violation of a new ban that came into effect at the start of the month.
UAE President pardons 2,937 inmates ahead of Eid Al Etihad

President His Highness Sheikh Mohamed bin Zayed Al Nahyan has ordered the release of 2,937 inmates from correctional institutions in the UAE.
Dubai sets target to double media sector’s GDP contribution

Dubai is setting bold goals for its media industry, with plans to double the sector’s contribution to the emirate’s GDP — from 1.4 per cent to 3 per cent by 2033.
Operation Chivalrous Knight 3 continues major aid push to Gaza

The UAE’s Operation Chivalrous Knight 3 continues to deliver large-scale humanitarian support to the Palestinian people.
Dubai rolls out awareness push to curb excessive honking

Dubai Police are rolling out a campaign aimed at curbing unnecessary honking.
Sheikh Abdullah holds bilateral talks with Trinidad and Tobago FM

Sheikh Abdullah bin Zayed Al Nahyan, Deputy Prime Minister and Minister of Foreign Affairs, has held bilateral with Sean Sobers, Minister of Foreign and CARICOM Affairs of Trinidad and Tobago in Abu Dhabi.
World’s largest silver bar unveiled in Dubai

DMCC has unveiled the world’s largest silver bar – a 1,971 kg asset officially recognised by Guinness World Records.
Mixed weather conditions forecast across UAE this week

A mix of weather systems is expected to bring more cloud cover across the UAE in the coming days, according to the National Centre of Meteorology (NCM).
UAE President holds talks with Kuwait's First Deputy PM

President His Highness Sheikh Mohamed bin Zayed Al Nahyan has held talks with Sheikh Fahad Yousef Saud Al Sabah, First Deputy Prime Minister and Minister of Interior of Kuwait, at Qasr Al Bahr in Abu Dhabi on Tuesday.
Sharjah delivers winter aid to 700 families in Jordan

Sharjah Charity International (SCI) has carried out a relief initiative supplying winter aid to 700 vulnerable families in Jordan, including 500 Syrian refugee families and 200 Jordanian families.
Dubai unveils $100,000 award for creators reimagining online learning

The 1 Billion Followers Summit has partnered with TikTok for a $100,000 Educator Award to honour creators who are reimagining impactful global learning content on social media.

News

Brand Dubai to organise 'Al Etihad Parade'
Dubai is gearing up to host the 'Al Etihad Parade' on December 2 to mark the 54th Eid Al Etihad.
UAE approves over AED 2.5 billion in housing support for citizens
The UAE Cabinet, chaired by His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, has approved 3,567 housing decisions for Emirati citizens in 2025, valued at more than AED 2.54 billion.
Turkey denies allegations of UAE links in Istanbul espionage
Turkey has refuted allegations, circulating on social media, of the UAE's involvement in unlawful espionage activity in Istanbul, with the Turkish Attorney General describing it as "categorically false".

UAE invests over AED 150 billion in developing countries

More from Local News

News

Our Shows

Quick Links

Listen on the Go

UAE invests over AED 150 billion in developing countries

Share

More from Local News

News

Our Shows

Quick Links

Listen on the Go