GoDubai
  
  
  
  
Citylife > Press Release
  Home Contact us Add to Favourites
Most Recent Postings
More Press Releses
Featured Sections

Event Finder
A daily roundup of exhibitions, promotions and other events in Dubai and the rest of the Emirates.
Submit an Event
Latest Dubai Press Releases >> Real Estate and Retail

 
  Share

His Excellency Mohammed Saif Al Suwaidi confirms tailored approach to match government of Jordan economic expansion strategy

Abu Dhabi-UAE: 11 January, 2017: Abu Dhabi Fund for Development (ADFD) attended the official opening of the Kufranjah Dam – a development project funded by the UAE government and managed by ADFD in the Kingdom of Jordan.

Located north of Jordan's capital Amman, the newly completed AED103 million (US$28 million) project is in line with the framework of the 2013 UAE government contribution of AED4.6 billion (US$1.25 billion) to the Gulf Development Fund, a five-year grant program of the GCC member countries to finance development projects in Jordan. With a storage capacity of 7.8 million cubic meters of water, the Kufranjah Dam aims to augment the country's irrigation and drinking water resources and further develop the fertile town of Ajloun.

His Majesty King Abdullah II of Jordan inaugurated the dam. His Excellency Hani Al-Mulki, Prime Minister of Jordan, His Excellency Mohammed Saif Al Suwaidi, Director General of ADFD, His Excellency Bilal Al Bdour, UAE Ambassador to Jordan, and several high-ranking Jordanian officials attended the ceremony.

Praising the historic brotherly ties between the UAE and Jordan, His Excellency Mohammed Saif Al Suwaidi said: “For decades, our two nations have enjoyed strong bilateral ties fostered by the UAE's founding father late Sheikh Zayed bin Sultan Al Nahyan, and the late King Hussein of Jordan. To date, ADFD has successfully funded 31 development projects in Jordan across key socio-economic sectors – most notably health, education, transport, agriculture and energy – valued at AED5.7 billion. The Fund tailored its approach to match the government of Jordan's economic expansion strategy.”

He added: “ADFD's efforts draw from the wise leadership of the UAE President His Highness Sheikh Khalifa bin Zayed Al Nahyan, the guidance of His Highness Sheikh Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Deputy Supreme Commander of the UAE Armed Forces, as well as the counsel of His Highness Sheikh Mansour bin Zayed Al Nahyan, Deputy Prime Minister, Minister of Presidential Affairs and Chairman of ADFD's Board of Directors.”

His Excellency Imad N Fakhoury, Jordan's Minister of Planning and International Cooperation, commended the UAE government on its continued support of his country's key economic sectors through ADFD's mission that complements the government of Jordan's efforts for strategic advancement, aggregate economic growth, increased productivity and higher standards of living. Moreover, he stated that the dam will serve Ajloun and the surrounding areas and increase agricultural production an integral sector in Jordan's economy.

Since its inception in 1971, ADFD has financed development projects in more than 80 countries around the world valued at over AED75 billion.


Posted by : GoDubai Editorial Team
Viewed 9193 times
Posted on : Thursday, January 12, 2017  
Replication or redistribution in whole or in part is expressly prohibited without the prior written consent of GoDubai.com.
Previous Story : ADFD's AED320 Million Allocation to Amman Development Road Ensures Advancements in Infrastructure
Next Story : New Indian Ambassador visits Conares plant in JAFZA, Dubai
Email this article Print this article

Share this article with your friends and followers
NewsVine

Comments

Back to Top  
Most Viewed Press Release posted in the last 7 days
Chloé eyewear introduces the new "Nola" sunglasses collection
Middle East and African beauty and personal care market to grow to US$34.5 billi...
IKEA Introduces Limited Edition ‘Art Event 2017' Contemporary Drawing Collection
TRESemme Hair Academy Launches in Arabia with Georges Mendelek and Alanoud Badr
Global Innovations on its first day of success during the Arabian Travel Market 2017
Nautica Spring 2017 Collection
Win up to 30 Kilos of Gold in 18 Days at Malabar Gold & Diamonds
Alice + Olivia by Stacey Bendet takes over the W Café Doha
Mövenpick Hotels & Resorts' Pakistan Presence Blooms as Firm Signs New Prop...
Tame Your Beard with The Art Of Shaving
ArabianTravel Market: New partnerships and tailored services for Middle Eastern ...
MASSIMO DUTTI SS17 inspires an essential piece for Massimo Dutti women
ESCADA Amelia - Diamond timepiece
Michael Kors Collection Transeason 2017
H.H. Sheikh Ahmed lays foundation stone of Silicon Mall at Dubai Silicon Oasis
Denim Days with GUESS and F&F
Godiva Ice Cream
Taima Abdullah Al Omari Crowned Winner of Arab Reading Challenge in Kuwait
8 Reasons Why you will never drink green tea again
Dubai to welcome largest Arabian Travel Market yet
Introducing the First Collection of Luxurious Oriental Scents from Juicy Couture
Joyalukkas Opens a world of choice in Al Ahsa
TAG Heuer announces its partnership with Dubai at Arabian Travel Market 2017
Jewel Corner Opens Kiosk In The Heart of Sharjah, At Mega Mall
Doha Bank achieves 2.9% profit growth with impressive ratios
Malabar Gold & Diamonds opens its 175th showroom in Nagercoil, Tamil Nadu, India
Roderer's RFID-blocking wallets
Raymond Weil Presents its First in-house Movement - CALIBRE RW1212
MG E-motion Concept Makes World Premiere at the 17th Shanghai International Auto Show
Chronoswiss Flying Regulator Wins Coveted Red Dot Design Award
Dubai Municipality Opens First UAE Foodbank Branch
DC PRO Engineering CEO Maps Out Plan for Greener Earth at the 2017 District Cool...
World Premiere – New BOVET Timepiece
Sheikh Nahayan Mabarak Al Nahayan Inaugurates 18th Annual Regional Audit Conference
The 2nd edition of Modern Woman Show opens at Dubai World Trade Centre
Mobile Doctors 24-7 introduces unique digital healthcare solution as part of Dub...
Artificial Intelligence and LG's Robotic Technologies are set to change the way ...
Stadium's Outfit of the Week: Speedo swimwear
Dubai Customs signs cooperation agreement with BUiD, and unleashes innovation
Dubai Chamber opens eighth representative office in Brazil
Al Maryah Island to Showcase its Hospitality, Dining and Celebrations Offering a...
Third Edition of TOP CEO Awards 2017 Announces Winners
Masdar Institute Professor Wins Khalifa Award for Education 2017
AUD Wins Microsoft's UAE Imagine Cup 2017
The Interoperable Global Trust Federation Accredits DarkMatter's PKI Operations ...
Upcoming Abu Dhabi Development Takes Centre Stage During Cityscape Abu Dhabi for...
Growth of 11.8% in Ras Al Khaimah's Foreign Trade in 2016
Achieving Sustainability and Corporate Social Responsibility with the Technology...
Global travel & tourism sector eyes Dubai as ATM opens its doors
Doha Bank Hosts Its Annual ‘Beach Clean-up' Event to Celebrate the Earth Day in ...