Abu Dhabi Fund For Development (ADFD) completed renewable energy projects worth Dh117.3 million ($31.9m) in 2020.
The projects were carried out in Cuba, Somaliland, the Bahamas, Barbados and Saint Vincent and the Grenadines in 2020 despite the coronavirus pandemic, the fund said in a statement on Thursday.
“We doubled our effort to ensure that we delivered the projects to our partner countries, especially during such a time of crisis,” Mohammed Saif Al Suwaidi, director general of ADFD, said.
“The aim was to help them maintain their economic and social development trajectories by enabling them to meet developmental challenges during the pandemic.”
ADFD is an autonomous national entity affiliated with the emirate’s government that finances projects across developing countries.
The fund allocated Dh622m to finance various projects across the world last year including loan agreements worth Dh121m ($33m) with the West African nations of Togo, Niger and Liberia. The deals include a $10m solar project in Niger, an $8m mini hydro project in Liberia and a $15m project in Togo.
ADFD also announced an allocation of Dh384m to execute eight renewable energy initiatives under the seventh cycle of its partnership with the International Renewable Energy Agency.
Under the facility, eight projects will be funded in Antigua and Barbuda, Burkina Faso, Chad, Cuba, the Maldives, Nepal, Saint Lucia and Saint Vincent and the Grenadines, according to ADFD. In July, it financed a waste-to-energy project in the Maldives.
“Renewable projects remain high on our agenda as their impact is felt on multiple levels, from commerce to the environment,” Mr Al Suwaidi, said.
The fund is also financing projects in 16 Caribbean countries through its $50m UAE-Caribbean Renewable Energy Fund. Launched in 2017, the UAE-CREF is the largest renewable energy initiative of its kind in the Caribbean region.
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Manchester United 2 Burnley 2
Man United: Lingard (53', 90' 1)
Burnley: Barnes (3'), Defour (36')
Man of the Match: Jesse Lingard (Manchester United)
HAJJAN
Benefits of first-time home buyers' scheme
- Priority access to new homes from participating developers
- Discounts on sales price of off-plan units
- Flexible payment plans from developers
- Mortgages with better interest rates, faster approval times and reduced fees
- DLD registration fee can be paid through banks or credit cards at zero interest rates
Evacuations to France hit by controversy
- Over 500 Gazans have been evacuated to France since November 2023
- Evacuations were paused after a student already in France posted anti-Semitic content and was subsequently expelled to Qatar
- The Foreign Ministry launched a review to determine how authorities failed to detect the posts before her entry
- Artists and researchers fall under a programme called Pause that began in 2017
- It has benefited more than 700 people from 44 countries, including Syria, Turkey, Iran, and Sudan
- Since the start of the Gaza war, it has also included 45 Gazan beneficiaries
- Unlike students, they are allowed to bring their families to France
Most sought after workplace benefits in the UAE
- Flexible work arrangements
- Pension support
- Mental well-being assistance
- Insurance coverage for optical, dental, alternative medicine, cancer screening
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THE BIO: Martin Van Almsick
Hometown: Cologne, Germany
Family: Wife Hanan Ahmed and their three children, Marrah (23), Tibijan (19), Amon (13)
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Predictions
Predicted winners for final round of games before play-offs:
- Friday: Delhi v Chennai - Chennai
- Saturday: Rajasthan v Bangalore - Bangalore
- Saturday: Hyderabad v Kolkata - Hyderabad
- Sunday: Delhi v Mumbai - Mumbai
- Sunday - Chennai v Punjab - Chennai
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4. The biggest black holes lurk at the centre of many galaxies, including our own
5. Astronomers believe that when the universe was very young, black holes affected how galaxies formed
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7pm: Al Mafraq – Handicap (PA) Dh80,000 (T) 1,600m; Winner: JAP Almahfuz, Royston Ffrench, Irfan Ellahi
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