Saturday 21 January 2017
 
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Abu Dhabi fund

Jordan launches new Kufranjah dam

Abu Dhabi Fund for Development (ADFD) has announced the completion of the Kufranjah Dam, located north of Jordan’s capital Amman, with a storage capacity of 7.8 million cu m of water. The Dh103-million ($28 million) dam, fun

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UAE group to fund Morocco development projects

Abu Dhabi Fund for Development (ADFD), a government-owned entity, said it is studying and assessing new development projects proposed by the Moroccan government. The Emirati fund had already given Dh3.5 billion ($952 million) in c

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Abu Dhabi Fund launches new soil museum in Dubai

The International Center for Biosaline Agriculture (ICBA) and the Abu Dhabi Fund for Development (ADFD) on Thursday (December 8) jointly opened the Emirates Soil Museum, a unique facility in the Middle East and North Africa (Mena) region, in Dub

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Abu Dhabi fund vows to remain long-term investor

Abu Dhabi Investment Authority (ADIA), one of the world's biggest sovereign wealth funds, said on Wednesday it would remain a patient, long-term investor despite a drop in its returns last year due to slowing global growth. In

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ADFD signs $90m loan for Mali solar project

Abu Dhabi Fund for Development (ADFD) recently signed a Dh33 million ($90.6 million) loan agreement with the Government of Mali to finance a hybrid solar energy project in Mali. The signing ceremony was held at the ADFD headquarte

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UAE inks 4 tie-ups for green projects in the Pacific

Abu Dhabi Fund for Development has signed partnership agreements with four countries in the Pacific Islands for the implementation of renewable energy projects worth $50 million, a report said. The solar technology projects will b

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Irena-ADFD open green energy project funding cycle

Abu Dhabi Fund for Development (ADFD) and the International Renewable Energy Agency (Irena) have announced the opening of the third funding cycle for the $350 million renewable energy project facility. Applicants can now submit re

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Irena-ADFD open green energy project funding cycle

Abu Dhabi Fund for Development (ADFD) and the International Renewable Energy Agency (Irena) have announced the opening of the third funding cycle for the $350 million renewable energy project facility. Applicants can now submit re

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Abu Dhabi fund takes majority stake in Arabtec

Abu Dhabi fund Aabar Investments has raised its stake in Arabtec Holding to 53 percent, a market official said on Sunday, effectively taking control of Dubai's largest builder after a failed $1.7 billion bid two years ago. The state-owned

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Abu Dhabi fund buys into Rwanda bank IPO

Abu Dhabi's Invest AD said it has joined hands with a fund run by Japan's SBI Holdings to buy into the initial public offering of Bank of Kigali, Rwanda's largest bank by assets. Its entry into the $75 million IPO, which was co

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