(New York) – The United Arab Emirates is among the world’s largest donors of aid to developing countries around the world, according to a report ‘Investments to End Poverty’, launched in New York around the UN General Assembly. The UAE was placed ahead of some traditional European donors such as Luxembourg, Greece and Portugal as well as New Zealand, according to the statistics available for 2011.
According to the report, the UAE gave $ 816 million (almost Dh3 billion) in 2011. However, latest figures released this week showed UAE’s volume of humanitarian aid shoot up to Dh5.8 billion or $1.58 billion, according to UAE Foreign Aid Report for 2012, issued by the Ministry of Development and International Cooperation.
