Establishment:
Abu Dhabi Fund was established by the Government of Abu Dhabi in July 15,1971 as a public autonomous institution. It first commenced its operations in September 1975.
Objectives:
The objectives of the Abu Dhabi Fund is to offer economic aid in the form of loans, equity participation and provide expertise and technical assistance to Arab, African, Asian and other countries in support of their economic growth.
Operations:
- Cumulative consolidated
operations from Fund establishment till end of 1999 is
almost $2 billion.
- Total number of beneficiary
countries was 45.
- Loans are extended on soft terms, and the Fund also participates in the establishment of financial institutions which compliment the purpose of the Fund. The Fund also issues guarantees and provides expertise and technical assistance in addition to managing projects financed by the Government of Abu Dhabi.
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Abu Dhabi Fund for
Development
(Abu Dhabi Fund)
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| Head Office: |
| Address: |
Tourist Club Area, P.O. Box 814, Abu Dhabi, United Arab Emirates |
| Fax: |
(+9712) 728890 |
| Tel.: |
(+9712) 725800 |
| Email: |
Opadfdmn@emirates.net.ac |
Director-General:
H.E. Mr. Saeed Khalfan, Mattar Al Rumaithi
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