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Abu DHABI / WAM
The number of projects funded by the Khalifa Fund for Enterprise Development (KFED) reached 1,364 projects in 2017, of which 27 percent are industrial projects while the total value of funding approved by the fund exceeded AED1.6 billion since its establishment in 2007.
In an interview with the Emirates News Agency (WAM), Abdullah Saeed Al Darmaki, CEO of KFED, said that the fund has been keen, since its establishment, to provide financial and moral support to owners of small and medium-sized enterprises, SME.