Middle East Economic Survey

VOL. LII

No 32

10-Aug-2009

UAE

ADFD Grants PNA $45Mn

The Abu Dhabi Fund for Development (ADFD) has extended a grant of Dh165mn ($45mn) to the Palestine National Authority (PNA) to finance development projects, according to a memorandum of understanding (MOU) signed between the fund and the Palestinian embassy, the Emirates News Agency reported on 2 August. ADFDs Deputy Managing Director Muhammad al-Suwaidi said that this grant is part of the continuing financial support...