ADIO intends to start its investment operations in 8 global cities, in light of its endeavor to attract foreign investments to the Emirate of Abu Dhabi.
According to Arabiyanet, offices in New York, San Francisco, London, Paris, Frankfurt, Seoul, Beijing and Tel Aviv will be mandated to enable companies around the world to operate in Abu Dhabi, according to To tweet on Thursday.
A senior official said last year that Abu Dhabi Investment, home to one of the world's largest sovereign wealth funds, would bet on attracting technology companies and skilled workers to help its economy recover in a year. 2021, according to Bloomberg.
Abu Dhabi Investment Office concluded several deals last year - to invest in technology for startups.
In September, it announced plans for its first presence outside the UAE in Tel Aviv.
on the other hand, Mubadala Investment Company is reforming its structure and allocating capital to double its size to nearly half a trillion dollars in the next decade, a plan that would It places it in the top ranks in the world's sovereign wealth funds.
and Mubadala was among the few sovereign investors who took advantage of the market downturn last year to expand buying stakes in companies from the retail unit of Reliance Industries Ltd. to Silver. Lake Private Equity.
