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FINANCIAL NEWS
UAE fund issues USD16bn into Arab infrastructure projects
25 May 2017
(MENAFN) UAE-based Abu Dhabi Fund for Development has issued a whole of USD22bn into key development projects, comprising main sector involving infrastructure, education, health and others.
Additionally, 76 percent of funds were channeled to Arab nations by the fund, which financed 339 development projects valued at USD16bn.
Moreover, the fund managed 17 development projects valued at Dh5.6bn through seven beneficiary nations, dispensed Dh3.9bn in loans to help four projects.
The fund carries out its sustainable development programs that have helped tens of thousands of projects to date across the world.
MENAFN2505201700450000ID1095510148
MENAFN2505201700450000ID1095510148
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