PHOTO
- Minister of Economy of Georgia: ADFD plays an important role in supporting sustainable development in many countries around the world
Abu Dhabi - United Arab Emirates: His Excellency Mohammed Saif Al-Suwaidi, Director General of the Abu Dhabi Fund for Development, received yesterday at the Fund's headquarters a government delegation from Georgia headed by Her Excellency Natia Turnava, Minister of Economy and Sustainable Development, in the presence of His Excellency Bata Kalandadze, Ambassador of the Republic of Georgia to the UAE, and Mr. Rashid Al Kaabi, Director of Investments Department at ADFD.
During the meeting, the two sides discussed ways to increase bilateral relations and economic investment opportunities, as well as the potential to enhance the role of the Fund in supporting Georgia's sustainable economic development priorities.
His Excellency Mohammed Saif Al-Suwaidi said: “The visit of the Minister of Economy and Sustainable Development of Georgia to ADFD presents a tremendous opportunity to increase our economic cooperation and investment opportunities. The Fund is seeking to strengthen investments with West Asian countries and this type of bilateral meeting can help to identify opportunities that serve the common interests of both countries.”
Her Excellency Natia Turnava praised the level of relations between the Republic of Georgia and the United Arab Emirates and noted the important role ADFD plays supporting sustainable development and investment projects in countries of the world: "It was a very positive discussion about opportunities to cooperate on potential economic development projects. Georgia is an attractive and stable economic environment and there are many opportunities for foreign investments."
Since its establishment in 1971, Abu Dhabi Fund for Development has contributed to supporting developing countries and enhancing their economies. The Fund has financed thousands of development projects in 97 countries, which have had significant social and economic impacts. The fund's total financing and investments amount to more than 150 billion dirhams.
© Press Release 2021
Disclaimer: The contents of this press release was provided from an external third party provider. This website is not responsible for, and does not control, such external content. This content is provided on an “as is” and “as available” basis and has not been edited in any way. Neither this website nor our affiliates guarantee the accuracy of or endorse the views or opinions expressed in this press release.
The press release is provided for informational purposes only. The content does not provide tax, legal or investment advice or opinion regarding the suitability, value or profitability of any particular security, portfolio or investment strategy. Neither this website nor our affiliates shall be liable for any errors or inaccuracies in the content, or for any actions taken by you in reliance thereon. You expressly agree that your use of the information within this article is at your sole risk.
To the fullest extent permitted by applicable law, this website, its parent company, its subsidiaries, its affiliates and the respective shareholders, directors, officers, employees, agents, advertisers, content providers and licensors will not be liable (jointly or severally) to you for any direct, indirect, consequential, special, incidental, punitive or exemplary damages, including without limitation, lost profits, lost savings and lost revenues, whether in negligence, tort, contract or any other theory of liability, even if the parties have been advised of the possibility or could have foreseen any such damages.
