The Abu Dhabi Fund for Development (ADFD) has apparently provided Egypt with AED 4 bn (USD 1.1 bn) in grants and concessionary loans over 64 development projects since beginning development work there, said Mohammed Saif Al Suwaidi, Director General of ADFD, according to the UAE’s news agency WAM. The funded projects spanned over diverse sectors, most notably transport, housing, agriculture and irrigation, energy, industry and mining, education and healthcare.
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