The United Arab Emirates announced Monday it has donated $54 million (50 million euros) to the Interpol Foundation, as the country prepares to host a joint forum on global security.

Axar.az reports that the funds will go towards seven Interpol projects including counter-terrorism, cybercrime and drugs, an official statement said.

"The threats posed by terrorism, organized crime and cybercrime are more complex and global than ever, requiring Interpol to play an even stronger role in international police cooperation," said Interpol secretary general Jurgen Stock.

"The generosity of the UAE's contribution will have a significant impact on strengthening the work of law enforcement worldwide," Stock said in a statement.

The news came on the eve of a three-day Unity for Security forum in Abu Dhabi. The conference is the first such venture organised jointly by the UAE and the intergovernmental police organisation Interpol.