To get a better overview of all its official support for development, the UAE has completed a pilot exercise with the OECD. This pilot will also contribute to the current discussion on what a broader measure of international development finance should look like. Such a measure should incentivise public financing in support of the SDGs and mobilise private resources for that purpose.
In 2013, total net Official Development Assistance (ODA) of the United Arab Emirates (UAE) reached USD 5.4 billion, representing an increase in real terms of 435% over 2012. This increase mainly consisted of exceptional support to Egypt of over USD 4.5 billion. However, part of it is also a continuation of an upward trend since 2010.
In 2010, the United Arab Emirates (UAE) provided whole-of-government reporting of its aid flows at the activity level to the OECD Development Assistance Committee (DAC), making it the first country outside the DAC’s membership to report in such detail.
The MENA-OECD Investment Programme seeks to mobilise investment—foreign, regional and domestic—as a driving force for growth, stability and prosperity throughout the Middle East and North Africa (MENA) region. This programme is part of the MENA-OECD Initiative on Governance and Investment for Development (www.oecd.org/mena).
This publication highlights key outcomes of the work of the MENA-OECD Investment Programme from 2005-2007, including reforms achieved to date in investment policies and promotion, corporate governance, financial-sector development, and tax policies. It also contains information on the Programme’s activities, highlighting business-climate developments in MENA countries.