Latest news with #Dhs367
Gulf Today
6 days ago
- Business
- Gulf Today
ADFD inaugurates Dhs367 million Maafaru project
Abu Dhabi Fund for Development (ADFD), as part of its strategic partnership with the Republic of Maldives, inaugurated the implementation of Maafaru International Airport, a project funded with an investment of approximately Dhs367 million. This initiative reflects the shared commitment to advancing critical sectors and supporting a prosperous and sustainable future. The inauguration ceremony was held in the presence of Mohamed Saeed, Minister of Economic Development and Trade of the Republic of Maldives; Dr. Abdulla Muththalib, Minister of Construction, Housing and Infrastructure of the Republic of Maldives; and Mohamed Saif Al Suwaidi, Director-General of ADFD, alongside senior ministers and officials from both parties. ADFD played a key role in the construction of Maafaru International Airport, with a runway that extends across 2,850 metres in length and 45 metres in width, as well as accommodating several Airbus A330 and Boeing B-777 aircraft. This project aims to meet the growing passenger demand and serves as a gateway to seven luxury resorts across the Maldives and the surrounding region. Regarding this inauguration, Mohamed Saeed, Minister of Economic Development and Trade of the Republic of Maldives, extended his appreciation towards President His Highness Sheikh Mohamed bin Zayed Al Nahyan, for his ongoing commitment towards sustainable development efforts in the Maldives. He emphasised that the UAE's support reflects the strategic bilateral relations between the nations and the country's unwavering commitment to supporting partner nations in achieving their development goals. He also emphasised ADFD's key role in financing transformative infrastructure projects and its continued support for the development of key economic sectors in the Maldives. Mohamed Saeed added, 'The inauguration of Maafaru International Airport construction, financed by ADFD, represents a transformative milestone in our national development journey. This strategic project is set to substantially enhance our infrastructure capacity, accelerate sustainable economic growth, and firmly position the Maldives as a world-class destination for tourism, trade and global investment,' he added. Dr. Abdulla Muththalib said, 'Our strategic partnership with ADFD has been instrumental in delivering impactful, high-value projects that advance national priorities across the Maldives. The implementation of Maafaru International Airport is a testament to this collaboration through strengthening our transport infrastructure, fuelling economic activity, generating employment, and reinforcing the Maldives' role in global trade and connectivity' He added, 'with this project, we aim to increase the airport's operational capacity. From inception to execution, we prioritised the integration of innovative technologies and state-of-art systems to elevate aviation safety and operational efficiency, while maintaining a strong focus on environmental sustainability and preserving the Maldives' unique natural ecosystems.' Mohamed Saif Al Suwaidi, Director-General of ADFD, said, 'Our participation in this exceptional event marks a significant milestone in the development cooperation between Abu Dhabi Fund for Development and the Government of the Maldives. The inauguration of Maafaru International Airport reflects our mutual commitment to advancing sustainable development and strengthening infrastructure in our partner countries.' Al Suwaidi added, 'This milestone project is fully aligned with our shared vision of driving economic progress and enhancing infrastructure resilience. We are confident that this project will result in multiple strategic benefits, from attracting foreign investment and enhancing tourism growth, to supporting the Maldives' long-term economic development.' WAM
What's On
03-07-2025
- Entertainment
- What's On
Your dreamy summer staycation just got an upgrade at Delano Dubai
If a summer escape that blends barefoot luxury with bold perks sounds like your thing, look no further than Delano Dubai on Bluewaters. The chic lifestyle hotel has just enhanced its Dubai Retreat package — and it's packed with feel-good extras to elevate your stay. From now until September 30, guests can enjoy up to 25% off their stay, along with a complimentary breakfast buffet, dining credit (USD 50 per day for rooms or USD 100 for suites – thats approximately Dhs183 per day for rooms and Dhs367 for suites), and even a free Ain Dubai ticket per person during their stay. You'll also enjoy a complimentary room upgrade (subject to availability) and late checkout until 4pm — perfect for squeezing in those last golden hours by the pool. The location? Perfectly positioned on Bluewaters — wonderfully removed from the hustle, but only minutes from the city, it's a retreat that feels a world away. Cool off in temperature-controlled pools, let little ones roam free at the Tropicool Kid's Club, or head to one of six participating vibrant dining venues, where your daily dining credit can be used. Think laid-back bites at Tutto Passa, cocktails at Rose Bar, beachside luxury at La Cantine Beach, or immersive Japanese flavours at Gohan. Whether you're after a sun-soaked weekend away, a midweek reset, or a stylish city break with perks, Delano Dubai's Dubai Retreat makes it all the more irresistible. Bookings can be made here. > Sign up for FREE to get exclusive updates that you are interested in
