216.5 billion dirhams, the cumulative development financing of the Abu Dhabi Development Fund at the end of 2024

2025/06/04 10:41:43 PM

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Abu Dhabi, June 4/ WAM/ The Abu Dhabi Development Fund issued its annual report of 2024, reviewing his most prominent pioneering achievements in achieving its strategic goals that are consistent with the “Foreign Development Aid Policy of the United Arab Emirates”, and its contributions to supporting sustainable development globally, in a way that contributes to the prosperity of the life of societies.
The report also sheds light on the role of the fundamental fund in supporting the target of the private national agenda “with the policy of Emirati export development”, “Emirates Centenary 2071” and “Economic Vision 2030 for the Emirate of Abu Dhabi” through the efforts led by the Abu Dhabi Export Office “ADX” of the Abu Dhabi Fund for Development, in promoting the competitiveness of national industries.
According to the annual report, the value of the cumulative development funds provided by the Fund until the end of 2024 amounted to 216.5 billion dirhams, of which 107 countries have benefited from the world’s continents, and 157 billion dirhams include total accessible funds, 57.6 billion dirhams, total government grants 1.9 billion dirhams, total total contributions, as these funds focused on implementing strategic projects In vital sectors that include renewable energy, infrastructure such as housing, roads and transportation, in addition to education, technology and water security, which effectively contributed to advancing economic growth and improving the quality of life in partner countries.
The Abu Dhabi Development Fund pays great attention to supporting the national economy, sustaining the work of Emirati companies and enhancing their presence in global markets, and from this context, the Abu Dhabi Export Office “ADEX” allocated total funds worth 4 billion dirhams until the end of 2024 with the aim of supporting national exports, which contributed to opening new horizons for Emirati exporters in more than 40 global markets.

The fund was also keen to activate the role of the national private sector and give priority within its operational activities, as it allocated total funds of 6 billion dirhams until the end of 2024, which benefited 19 Emirati companies, which enabled them to implement strategic projects in 8 countries around the world.
On the investment side, the Abu Dhabi Development Fund achieved distinguished operational results until the end of 2024, with the total value of its investments about 12.2 billion dirhams, and the number of countries invested in it reached 22 countries.

The fund is investing in 17 companies within various sectors, which contributed to strengthening financial resources and stimulating the main economic activities of the beneficiary countries, as well as creating sustainable job opportunities for the local population.
In a speech to him during the annual report of the Fund for the year 2024, His Highness Sheikh Mansour bin Zayed Al Nahyan, Vice President of the State, Deputy Prime Minister, Chairman of the Presidency Bureau and Chairman of the Abu Dhabi Development Fund, confirmed that the late Sheikh Zayed bin Sultan Al Nahyan, may God rest his soul, believed that the essence of civilization progress is measured by the value of man and his good giving that remains immortal in memory.

His Highness said that this humanitarian approach was the pillar on which the Abu Dhabi Fund for Development was established in 1971, to be a development edifice that embodies the values of the UAE in giving, and a bright lighthouse extending its sustainable impact to various parts of the world.
His Highness added: “His Highness Sheikh Mohammed bin Zayed Al Nahyan, President of the State,” may God protect him “, continued to follow the approach of the late Sheikh Zayed, supporting the march of goodness, and strengthening the goals of the Abu Dhabi Development Fund, which contributes to achieving prosperity at the global level.
His Highness pointed out that the Abu Dhabi Development Fund plays a pioneering role in supporting the foreign development aid policy of the UAE, based on the principles of promoting economic and social development in developing countries, as well as expanding the scope of partnerships with the beneficiary countries and international financing institutions, which contributed to consolidating the state’s position as an effective and stimulating power for sustainable development worldwide.
For his part, His Highness Sheikh Abdullah bin Zayed Al Nahyan, Deputy Prime Minister, and Minister of Foreign Affairs, Vice -Chairman of the Abu Dhabi Fund for Development said: “The Abu Dhabi Development Fund continues to achieve more achievements, investing its development and economic tools to enhance the UAE’s position at the regional and international levels, and consolidate its role as an active and global influential country, and thanks to the vision of the wise leadership, the fund has become a leading model in adopting an approach Strategic to finance vital projects that have a sustainable impact, and contribute to supporting the development programs of developing countries to meet their aspirations and enhance their infrastructure and economic.
His Highness added: “Over the past years, the Fund has played a pivotal role in implementing the UAE’s foreign aid policy, and contributing effectively to the consolidation of international cooperation, improving the welfare of peoples and achieving the sustainable development goals.” The Fund is submitting confident steps towards anticipating a more sustainable and prosperous future, which establishes the presence of the UAE in international forums, as a leading country committed to the principles of development, peace and global cooperation.
His Highness stated: “During the year 2024, the fund made distinguished efforts in helping countries to overcome their economic and social challenges, as he funded many major development projects with a sustainable impact in the fields of energy, water, health, education, food security and other basic sectors that contribute to supporting sustainable development goals and achieving the welfare of peoples.”
His Highness stressed: “Under the directives of His Highness Sheikh Mohammed bin Zayed Al Nahyan, President of the State“ may God protect him ”, and the leadership of His Highness Sheikh Mansour bin Zayed Al Nahyan, Vice President and Deputy Prime Minister and Chairman of the Presidential Bureau, Chairman of the Abu Dhabi Development Fund, we look forward with confidence to the pivotal role played by the fund as a firm basis in building sustainable development partnerships, and the fund will continue its career in supporting development projects, targeting an achievement. A concrete positive transformation in the beneficiaries through innovative strategies that promote economic and social sustainability, and provides exceptional solutions to improve the quality of life, and contribute to accelerating the pace of comprehensive development. “
His Highness said: “Besides the sustainable development impact that the Fund has achieved on a global level, its vital role in supporting the national economy continues through enhancing Emirati exports, and developing the capabilities of local companies to compete in global markets, which contributes to achieving sustainable economic diversity and benefits society as a whole.”
His Highness added: “While we celebrate the many achievements the fund has achieved, the real success in the constant dedication of the work team, which continues without a tireless translation of the ambitious visions of the UAE into tangible achievements that make a positive impact on the entire world.”

On the occasion of the launch of the annual report of the Fund for the year 2024, His Excellency Mohamed Saif Al -Suwaidi, Director General of the Abu Dhabi Development Fund said: “The achievements achieved by the Abu Dhabi Development Fund are a witness to the UAE’s commitment to the sustainable development process that the foundations of the founding father, Sheikh Zayed bin Sultan Al Nahyan,“ God bless him ”, said this wise approach that paved the way for the fund to become a partner In advancing development in developing countries, a major contribution to building a prosperous and sustainable future for future generations. “
His Excellency added, “What was achieved during the past years is the result of the unlimited support provided by His Highness Sheikh Mohammed bin Zayed Al Nahyan, President of the State“ may God protect him ”, and his wise vision that represents a beacon of inspiration, as well as the continuous follow -up and continuous guidance from His Highness Sheikh Mansour bin Zayed Al Nahyan, Vice President, Prime Minister, Chairman of the Presidential Bureau, Chairman of the Fund’s Board Continuous support to improve the quality of the lives of millions of individuals in various countries of the world, which had an active role in building more advanced societies.

At an international appreciation of its leadership, the Fund received in 2024 the United Nations Award for Partnerships for Small and Small Islands (SIDS) for the year 2024 for the economic category through two initiatives to support renewable energy projects in the Pacific and Caribbean islands. This represents the first winning of an institution in the Middle East and North Africa region.
In a step confirming the institutional development and future directions, during the year 2024, the Abu Dhabi Fund for Development launched its new institutional identity under the slogan: “Together We Make the Future”, to consolidate its commitment to achieving the vision of the United Arab Emirates towards supporting the sustainable development goals 2030, and making a prosperous and sustainable future for the peoples of the world.
The Abu Dhabi Development Fund continues its pioneering role in accordance with an integrated and flexible strategy that reflects the vision of the rational leadership towards the foresight of the future, and their ambitious aspirations for the Fund to be the global leading national edifice in the field of development work, and the supporter of the development of the national economy, effectively contributing to highlighting the development impact and the extent of its reflection on the development of the economies of developing countries and the national economy to ensure the prosperity of societies, and to build a bright future And sustainable for future generations.