Fifty years since the establishment of the Abu Dhabi Fund for Development, which fell on the 15th of this July, the United Arab Emirates in general, and the Emirate of Abu Dhabi in particular, deserve to note the efforts it has made and the initiatives it has presented in supporting brothers and friends in all countries of the world, through development projects. It was concerned with improving people’s living conditions, and providing them with advanced services in the sectors of energy, infrastructure, educational and health institutions, among others.
The Abu Dhabi Fund for Development, which is considered an inspiring model in the quality and amount of development assistance provided by the state in several countries, was able, during its golden course, to finance development projects in 97 countries, thus playing the most prominent role in the UAE’s global leadership among the largest international donors in the field of aid development by financing a package of pioneering initiatives and projects in those countries, supporting development goals, and implementing the 2030 Agenda to achieve sustainable development.
The five decades since the founding of the Fund were enough to make it a pioneer in achieving a set of historical achievements in the world, which were planned and implemented thanks to the vision of the founding father, the late Sheikh Zayed bin Sultan Al Nahyan, “may God rest his soul”, and his wisdom that foresaw the future. By making essential contributions to building the economies of developing countries, supporting peoples and their renaissance, and influencing their sustainable development, without neglecting the importance of strengthening economic partnerships with countries and governments to achieve these goals.
The Fund’s success in financing thousands of strategic projects opened broad prospects for achieving sustainable economic and social growth in developing countries, by financing development projects and various investments that roamed the countries of the world, with a total value of more than 150 billion dirhams, for the state, under the directives of its wise leadership, to strengthen its position Al-Raeda, one of the largest international donors, and consolidating its luminous image in giving and advancing societies and improving the quality of life for individuals and peoples
The development projects supported by the UAE in the world have become a mainstay of its foreign relations, which highlights its active role on the international scene in playing a stimulating role for the national economies of developing countries, through the provision of funds and investments focused on infrastructure, advanced road and transportation networks, and the construction of projects housing, and building power stations, in a way that helps these countries achieve comprehensive and sustainable growth, and positively impact people’s lives by improving their living conditions and providing better opportunities for progress and prosperity.
* On the “News of the Hour” bulletin issued by the Emirates Center for Strategic Studies and Research.