Islamic Finance

Abu Dhabi Fund for Development and Kazakhstan explore means to strengthen strategic partnership


Abu Dhabi, March 3 – His Excellency Khalifa Al Qubaisi, Deputy Director General of Abu Dhabi Fund for Development, received at the Fund’s headquarters HE Zhaslan Madiyev, Deputy Chairman of the Agency for Strategic Planning and Reform of Kazakhstan. The meeting was attended by Mr. Rashed Al Kaabi, Director of Investment Department at ADFD and senior Kazakh government officials. They explored ways to develop the strategic and mutually beneficial relations, especially through infrastructure and investments projects.

HE Al Qubaisi highlighted the relations between the Fund and the government of Kazakhstan that had withstood the test of time. He pointed out that the Fund had supported Kazakhstan in its effort to achieve its sustainable development goals through financing strategic projects.

He added that the visit of HE Madiyev complemented the strong relations between the two. “More importantly, it presented an opportunity for the concerned parties to reinforce and develop their relations and expand cooperation through promotion of joint investments. As we discussed ways to further expand our cooperation in terms of economic development, we also explored potential areas for investment that would benefit our countries as we move forward.”

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