EDB and Adio to boost foreign investment and promote business – The National

EDB and Adio to boost foreign investment and promote business – The National

Emirates Development Bank and the Abu Dhabi Investment Office (Adio) signed an agreement to further boost foreign direct investment and attract more businesses to the UAE capital.

The partnership aims to help private sector companies set up shop in Abu Dhabi and grow, while contributing to the overall economic advancement of the emirate, the companies on Wednesday.

"As part of Abu Dhabi’s commitment to support the growth of the private sector, two major business enablers are partnering to help companies establish and scale up operations in the emirate," said Mohammed Al Shorafa, chairman of the Abu Dhabi Department of Economic Development.