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Cabinet okays AED11 billion social assistance for low-income Emiratis

Abu Dhabi / WAM His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, affirmed that meeting the needs of the society, particularly social welfare and social services, is essential for the stability of societies and peoples. His Highness also emphasised that paying attention to citizens’ demands is one of ...

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ADFD extends AED110 million concessionary loan to Mali

Abu Dhabi / Emirates Business Abu Dhabi Fund for Development (ADFD), the leading national entity for development aid, has extended a concessionary loan of AED110 million ($30 million) to the Government of Mali to support its National Social Housing Programme. HE Mohammed Saif Al Suwaidi, Director General of ADFD, and HE Dr Boubou Cisse, Malian Minister of Economy and Finance, ...

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UAE leads Arab world in FDI: Al Mansouri

Abu Dhabi / Emirates Business The UAE, the second biggest Arab economy, is leading the Arab World in attracting Foreign Direct Investment (FDI). In 2016, the UAE attracted 29 percent of the total FDI inflow in to the Arab World, Sultan bin Saeed Al Mansouri, UAE Minister of Economy, told the media in an interview ahead of the Annual Investment ...

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