UAE invests over AED 150 billion in developing countries

Tuesday, 27 July 2021 at 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.

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News

UAE President offers condolences to Jordanian King over church attack
UAE President His Highness Sheikh Mohamed bin Zayed Al Nahyan has offered his sincere condolences to Jordanian King Abdullah II bin Al Hussein in a phone call on Saturday over the victims of an attack targeting a church in Karak governorate.
UAE launches urgent earthquake relief response for Panama
The UAE has announced an urgent relief response campaign to assist those affected by the earthquake that struck various areas of Panama, causing material damage and widespread evacuations.
Ras Al Khaimah closes all beaches 'until further notice'
Ras Al Khaimah authorities have announced the closure of all beaches across the emirate until further notice.

UAE invests over AED 150 billion in developing countries

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UAE invests over AED 150 billion in developing countries

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