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UAE grants USD9.79b for infrastructure in developing countries
(MENAFN) The United Arab Emirates is set to offer a total of USD9.79 billion for infrastructure in certain developing countries, according to the Minister of International Cooperation and Development (MICAD), Emirates News Agency reported.
The aid, which previously spanned over 4 years from 2010-2014, comes in part of the country's commitment to aid poor communities and help foster a higher standard of living.
"[UAE] is aware about strengthening partnership with regional and international development institutions, given their role in assessing the needs of developing countries and drawing feasible studies for projects," an official said.
The aid, which previously spanned over 4 years from 2010-2014, comes in part of the country's commitment to aid poor communities and help foster a higher standard of living.
"[UAE] is aware about strengthening partnership with regional and international development institutions, given their role in assessing the needs of developing countries and drawing feasible studies for projects," an official said.
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