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The Abu Dhabi Fund for Development (ADFD) is a foreign aid agency established by the government of Abu Dhabi in 1971. The fund provides concessionary loans to fund economic and social development projects. The fund also invests in order to expand and strengthen the private sector economies of its clients. [1]
The Government has provided US$30million specifically for reconstruction efforts with the UAE Red Crescent investing US$19million in local projects. Additionally, the Abu Dhabi Fund for Development has spent US$29 million for the execution of 40,000 social housing units. Some of the contributions include: 11 schools educating 300 students a day
The Abu Dhabi Developmental Holding Company PJSC (Arabic: شركة أبوظبي التنموية القابضة ش.م.ع), branded ADQ since 2020, is a significant sovereign wealth fund based in Abu Dhabi. It was established in 2018 as a comparatively low-profile state-owned entity, acronymized ADDH at the time.
Abu Dhabi's Mubadala Investment Co will deploy significant capital into artificial intelligence and space technology this year, its managing director said on Wednesday, committing the sovereign ...
Abu Dhabi Crown Prince's Court; Abu Dhabi Department of Education and Knowledge; Abu Dhabi Film Commission; Abu Dhabi Fund for Development; Abu Dhabi Investment Authority; Abu Dhabi Judicial Department; Abu Dhabi Police Force; Abu Dhabi Department of Culture and Tourism; Abu Dhabi Urban Planning Council
As billionaire hedge fund managers flock to the Middle East, a key official says watch out for Abu Dhabi as a financial hub in the next 2 to 3 years Eleanor Pringle November 28, 2023 at 11:12 AM
The Abu Dhabi Investment Council was splintered off from ADIA in 2007 and took over all local subsidiaries previously owned by ADIA including Abu Dhabi Commercial Bank, National Bank of Abu Dhabi and Abu Dhabi Investment Company (Invest AD). [7] Since 2013 the council has been based at Al Bahr Towers.
Masdar City is a sustainable urban development project located in Abu Dhabi that was launched by Masdar in 2008 and was designed to be a zero-carbon city by 2016. [ 22 ] [ 23 ] [ 24 ] The city is powered in part by the Masdar City 10MW Solar Power Plant, the first grid-connected renewable energy project in the UAE and the largest of its kind in ...