ADFD announces agreement with MINT to hold shares in Thailand’s Tourism Sector

Abu Dhabi Fund for Development (ADFD has announced a USD 104.8 million (AED 385 million) agreement with Minor International Public Company Limited (“MINT”) to jointly hold shares in five tourist resort assets in Thailand, including Anantara Riverside Bangkok Resort, Avani, and Riverside Bangkok Hotel, Riverside Plaza Bangkok, Anantara Layan Phuket Resort and Four Seasons Resort […]

UAE govt grants AED 257 million to ADFD to fund urban redevelopment

Abu Dhabi Fund for Development (ADFD), the leading national entity for economic development, approved a grant of AED 257 million (US$70 million) provided by the UAE government to fund the development of more than 2,000 residential housing units that is part of the urban redevelopment of one Albania’s leading economic centers that sustained major damage […]