XXXX social development objectives in the Philippines society.
"Fiduciary Management" New cooperation between ADFD and World BankIn collaboration with World Bank, ADFD organized the training session of "Fiduciary Management" during the period from Nov 5 to 8, 2012. The session addressed a number of topics focusing on policies and international legal practices relating to procurement in developmental projects, plus legal aspects of the bidding process, form of contract and selection of consultants. The session also including a number of case studies to ensure that participants are getting a deeper understanding of the studied materialReconfiguration of the Executive Committee of the Abu Dhabi Fund for DevelopmentThe Executive Committee of ADFD has been reshaped and chaired by H.H Sheikh Abdullah bin Zayed Al Nahyan, Foreign Minister, Deputy Chairman of the Abu Dhabi Fund for Development. The new reconfiguration includes the membership of Ahmed Juma Al Zaabi, Khalifa Mohammed Khalifa Al Kindi, Faris Mohamed Al Mazrouei and Saeed Eid Saeed Al Ghafli. Abu Dhabi Fund for Development provides a financial Aid for the sake of Zayed Higher Organization for Humanitarian Care, for the purpose of supporting the readable short story competition using Braille 2012. This initiative comes as a part of ADFD's plan for social responsibility program in supporting the local community. ADFD renewed the cooperation with Khalifa Institution. Abu Dhabi Fund for Development contributes in supporting the humanitarian initiative which has been launched by Khalifa Bin Zayed Foundation which aims to support the education sector through providing a financial assistance to the low income students in government schoolsADFD supports Zakat Fund activities. Abu Dhabi Fund for Development donated financially to Zakat Fund to bolster the most important priorities of the Zakat Fund in the development of philanthropy and human service needed according to the principles of Islamic law. ADFD management and employees celebrate the UAE national day 41 by planting "union tree". With the participation of Mohammed Saif Al Suwaidi, the Acting Director General of Abu Dhabi Fund for Development, the employees planted the "union tree" in the fund?s courtyard in light of the state ceremonies of the National Day completing 41 years. Planting the "union tree" comes in responding to the initiative launched by Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister, Dubai Ruler on this precious occasion. ADFD warmly welcomed a delegation from the University of Sorbonne. A delegation from the Sorbonne University visited ADFD headquarter, the visit was for the purpose of discussing the nature of work in ADFD and studies the local labor market needs of the most required specialization. On this occasion, the delegation was given a detailed presentation on the mechanism of the Fund's work and it?s operational and for the better understanding, ADFD management also had organized a tour for the students through ADFD?s departments and sections to make sure they gain the proper knowledge they need. A team from ADFD and MASDAR visited the kingdom of Jordan from the 10th till the 12th of September 2012 to meet officials working for the government of Jordan. The meeting was to discuss financing existing developmental projects that are of high priority to the government of Jordan, which would be provided by UAE according to the grant approved by the GCC to support Jordan in implementing developmental projects for the next 5 years. A delegation from the operation Department in ADFD attended "The regular meeting of the coordination group 71" which was held in Riyadh in December from 24 -26, 2012. The purpose of the meeting was to discuss the possibility of financing the major development projects that would need cooperation between the developmental institutions. Also, the meeting included following up the results and recommendations concerning Busan, Deauville and the Arab Gate forums. To promote the sustainable development process, ADFD sent a follow up team to Republic of Yemen and Tanzania, in order to pursue the implementation and progression of the developmental projects financed by ADFD and the government. Mohammed Saif Al Suwaidi, Acting Director General of ADFD, attended the meeting of the IMF and the World Bank accompanied by a delegation which took a place in Tokyo from 11-14 October, 2012. The Annual Meetings of the International Monetary Fund (IMF) and the World Bank Group each year bring together central bankers, ministers of finance and development, private sector executives, and academics to discuss issues of global concern, including the world economic outlook, poverty eradication, economic development, and aid effectiveness.Copyright Emirates News Agency (WAM) 2013.
