By Ramy Sameeh
Abu Dhabi – Mubasher: Abu Dhabi Fund for Development (ADFD) is aiming to provide around AED 1.5 billion in financing this year, said General Manager Mohamed Saif Al Suwaidi.
Speaking exclusively to Mubasher on the sidelines of the World Energy Summit in Abu Dhabi, the GM added that total financing extended by ADFD last year exceeded AED 2 billion ($544.6 million) that went for several projects across the region.
The fund is currently studying a number of projects in developing countries, said Al Suwaidi, adding that the fund is continuing with development activities globally with a special focus on developing countries.
