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ABU DHABI, May 22 / During the year 2022, the Abu Dhabi Fund for Development continued its leading role globally in promoting the UAE’s vision and goals in building the economies of developing countries, supporting the national economy and enhancing its global competitiveness.
The fund’s total financing, investments and bank deposits increased until the end of December 2022 to more than 189 billion dirhams, which confirms the UAE’s forward-looking vision for the future, which provides the world with a pioneering model in development and comprehensive development.
The annual report issued by the fund reviews the pioneering achievements it achieved during the year 2022, as its operational activity witnessed a growing growth in line with its ambitious goals, strategies and plans that are in line with the future directions of the UAE government.
In a speech to him at the annual report of the Fund.. His Highness Sheikh Mansour bin Zayed Al Nahyan, Vice President and Deputy Prime Minister, Minister of the Presidential Court and Chairman of the Board of Directors of the Abu Dhabi Fund for Development, said that the United Arab Emirates has made exceptional achievements in terms of global development work, based on that It is based on solid principles adopted by our wise leadership since the time of the founding father, the late Sheikh Zayed bin Sultan Al Nahyan, may God rest his soul, who laid the basic pillars of the development aid policy for the UAE, aimed at supporting the international community and advancing its economies, and working to achieve its goals and development agenda, and on the same The approach is marching under the leadership of His Highness Sheikh Mohammed bin Zayed Al Nahyan, President of the State, “may God protect him”.
His Highness added that the Abu Dhabi Fund for Development has been able, over five decades of tireless efforts and continuous work, to achieve remarkable qualitative achievements that contributed to the leadership of the UAE and the consolidation of its position as a leading global model in the field of development work. economy and improve their quality of life.
His Highness said: “The fund also had a fundamental role at the local level, as it adopted an integrated strategy that supports the forward-looking and ambitious vision of the UAE government towards the growth and sustainability of the national economy, by supporting national companies and contributing to empowering the private sector and giving priority to its main activities. The fund also excelled in Supporting UAE exports and enhancing the competitiveness of the national product in global markets.
His Highness added: “We are confident that the next stage will be more distinguished and that the fund’s team will achieve exceptional results that reflect the vision of the UAE and the aspirations of our wise leadership in the field of global development work to achieve sustainable development locally and in developing countries.”
For his part, His Highness Sheikh Abdullah bin Zayed Al Nahyan, Minister of Foreign Affairs and Vice Chairman of the Board of Directors of the Abu Dhabi Fund for Development – in a speech to him in the annual report of the Fund – said that the achievements made by the Abu Dhabi Fund for Development during the past year contributed to strengthening the process of economic development locally and globally, as these achievements were based on On the solid foundations of our wise leadership in supporting the international community, the Fund also works with determination to redouble its efforts to achieve more qualitative achievements in accordance with the directives of His Highness Sheikh Mohammed bin Zayed Al Nahyan, President of the State, “may God protect him,” and in a way that contributes to supporting the societies of developing countries and enabling them to achieve their development goals.
His Highness added: “The pioneering role played by the Abu Dhabi Fund for Development in the field of economic and development work has had a great impact on strengthening our relations with partner countries at the regional and global levels through its activities that extend in more than 100 countries on various continents of the world. The UAE seeks to The sustainability of its international partnerships and the contribution to supporting the economies of the countries benefiting from its strategic projects. We also appreciate the pioneering role played by the Fund in supporting the national economy and enhancing the competitiveness of UAE exports in foreign markets, and providing flexible financing programs to support the national private sector and enable it to achieve its strategic goals.
His Highness affirmed: “Through the fund’s journey that spanned more than five decades, we are confident in the ability of the employees of this leading national institution to continue efforts to strengthen the position of the United Arab Emirates globally as an example to follow in sustainable development work, and to increase investment in strategic projects.” that contribute to building a prosperous future for societies in various countries of the world.”
For his part, His Excellency Mohammed Saif Al Suwaidi, Director General of the Abu Dhabi Fund for Development, said that the strategy adopted by the Abu Dhabi Fund for Development during the year 2022 in supporting partner countries, supporting the national economy and enhancing its competitiveness comes as a continuation of its pioneering career that spanned about 51 years of sustainable development and economic work.
He added: “Every year we achieve a new achievement, we remember the lofty principles instilled in us by the founding father, the late Sheikh Zayed bin Sultan Al Nahyan,” may God rest his soul. “And after him, the late Sheikh Khalifa bin Zayed Al Nahyan,” may God have mercy on him. They had the credit for establishing and building this great national edifice until it became one of the most prominent and important development institutions at the regional and global levels, and its role in supporting the international community and enabling it to achieve the goals of sustainable development. He said, “Today, we are proud of the exceptional results achieved by the fund, after the volume of its financing and investments amounted to more than 189 billion dirhams, benefiting 104 countries in various continents of the world, especially since the strategic projects it financed contributed to the economic and social development of partner countries.”
He continued: “The vision of our wise leadership and its insight into the future has had an effective role in expanding the fund’s activity and charting new paths based on development and development, which included supporting our national economy and enhancing the competitiveness of our UAE exports in global markets, and
