Maldives, Abu Dhabi Fund discuss boosting cooperation
The ADFD most recently extended support to the Maldives through a US$40 million concessional loan in December 2024.
Top Stories
The Maldives and the Abu Dhabi Fund for Development (ADFD) have held discussions on strengthening bilateral development cooperation.
The discussions took place during a meeting between Minister of Finance Mohamed Shafeeq and ADFD Director General Mohamed Saif Al Suwaidi at the Ministry of Finance on Sunday.
According to an X post by the ministry, the meeting focused on ways to enhance development ties between the Maldives and the ADFD.
The ADFD most recently extended support to the Maldives through a US$40 million concessional loan in December 2024 to assist with the completion of the Velana International Airport (VIA) development project.
This followed a previous concessional loan of US$50 million provided by the fund in 2017 for the same project.
