Abu Dhabi Investment Office opens 8 global hubs to woo investors

  • Date: 14-Jan-2021
  • Source: Saudi Gazette
  • Sector:Economy
  • Country:UAE
  • Who else needs to know?

Abu Dhabi Investment Office opens 8 global hubs to woo investors

ABU DHABI — The Abu Dhabi Investment Office (ADIO) has established eight new offices in Tel Aviv, New York, San Francisco, Frankfurt, London, Paris, Beijing and Seoul, as part of a series of strategic initiatives it is undertaking to boost support for investors around the world.

The global network of offices in collaboration with the Abu Dhabi Department of Economic Development (ADDED) expands ADIO's reach in key overseas markets where it is looking to attract innovative businesses to establish and grow in the emirate.

"Abu Dhabi is keen to continue building distinctive strategic economic relations with our international partners by promoting joint investment opportunities and supporting global innovators and companies, with the aim of pursuing technological advancements to realise sustainable economic development for the emirate," Mohammed Ali Al Shorafa, chairman of ADDED and ADIO, said.

The representative offices will serve as "a bridge between key international markets and the exciting opportunities in some of our economy's highest potential areas, opening up new areas for cooperation between the domestic private sector and its international counterparts," he