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ADFD extends AED147m loan to complete Maldives airport

ABU DHABI/WAM Abu Dhabi Fund for Development (ADFD) has announced an additional loan of AED 147 million ($40 million) to support the completion of the Velana International Airport project in the Maldives. This follows an earlier loan of AED183.5 million ($50 million) provided in 2017 for the project’s initial phases, highlighting the airport’s vital role in driving tourism, a key ...

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Mohammed bin Rashid underscores importance of bold, innovative approaches to reinforce UAE’s leading global position in sustainable development

DUBAI/WAM His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President, Prime Minister, and Ruler of Dubai, emphasised the importance of bold and innovative approaches to reinforce the UAE’s leading global position in sustainable development. Speaking at a meeting with prominent leaders, dignitaries and senior officials at Za’abeel Palace, in the presence of H.H. Sheikh Hamdan bin Mohammed bin Rashid ...

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UAE Leaders condole with President of Azerbaijan over victims of air crash

ABU DHABI/WAM UAE President His Highness Sheikh Mohamed bin Zayed Al Nahyan sent a cable of condolences to President Ilham Aliyev of Azerbaijan, expressing his sympathies over victims of the air crash of the Azerbaijan Airlines passenger plane in Kazakhstan, which resulted in several deaths and injuries. President H.H. Sheikh Mohamed conveyed his wishes for a swift recovery to the ...

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