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Abu Dhabi sets up investment office to attract foreign capital

Abu Dhabi is making a renewed effort to attract more private sector finance into its economy, setting up the Abu Dhabi Investment Office and putting new laws in place to regulate public private partnerships (PPPs). The new investment office will be responsible for increasing foreign direct investment (FDI) into the emirate, particularly in a number of priority sectors such as technology, tourism, and advanced manufacturing. As part of that it will set up a PPP Centre of Excellence to develop “attractive investment models for international and local investors”.

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