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flag UAE's Abu Dhabi Fund loans $40M to expand Maldives' Velana Airport, boosting capacity to 7.5 million annually.

flag The Abu Dhabi Fund for Development (ADFD) has provided an additional AED 147 million loan to complete the Velana International Airport project in the Maldives, following a previous AED 183.5 million loan in 2017. flag This expansion aims to increase the airport's capacity to 7.5 million passengers annually by adding up to 26 gates and an international flight building. flag Since 1976, ADFD has supported various strategic projects in the Maldives, including transportation, energy, and tourism.

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