The Board of Directors of the Abu Dhabi Fund for Development held its first meeting for 2021, chaired by Sheikh Abdullah bin Saeed Al Nahyan, Minister of Foreign Affairs and International Cooperation, Vice Chairman and Chairman of the Fund’s Board of Directors.

The meeting, which was held through visual communication technology, was attended by members of the committee Ahmed al-Sayyik, Foreign Minister Faris al-Masroui, Adviser to the Minister of Presidential Affairs, al-Yasiya al-Kuwait and Mohammed. Saif al-Suwaidi, Director General of the Fund.

The meeting discussed a number of topics on the agenda, reviewed funding requests for development projects in various developing countries and made appropriate decisions in this regard.

Sheikh Abdullah bin Saeed, the head of state Sheikh Khalifa bin Saeed Al Nahyan, stressed his interest in implementing the guidelines of God bless him and the Crown Prince and Deputy Prince of Abu Dhabi, Sheikh Mohammed bin Saeed Al Nahyan. The Supreme Commander of the Armed Forces will continue to work towards the goals of the Fund, the Supreme Council, by supporting developing countries and helping them achieve their development goals, contributing to the growth of their economies and the prosperity of their communities.

He maintained the leadership position of the United Arab Emirates in development work and commended the quality achievements of the Fund for achieving sustainable economic growth locally and globally.

Mohammed Saif Al-Shwaidi expressed his gratitude and appreciation to Sheikh Abdullah bin Saeed and all the members for their continued support of the Fund’s work process and their continued pursuit of its goals and future plans.

He stressed that the achievements made by the fund over the past fifty years have contributed to the comprehensive renaissance of 103 countries around the world, boosting the growth of the economies of developing countries and improving the quality of life. population. He pointed out that since the inception of the fund, its total development fund and investment has been around 150 billion dirhams.

He added, “Based on the guidance of the wise leadership and its ambitious vision, the Fund will continue the process of growth and development in preparation for a pioneering phase of development over the next fifty years, and work to achieve sustainable economic development. Create a prosperous future for global communities.” It will support projects, launch exceptional initiatives and form strategic alliances with international organizations and national institutions that will diversify and support the national economy. (Left)