Abu Dhabi launches an investment office to attract FDI

On 7 February 2019, the President, His Highness Sheikh Khalifa bin Zayed Al Nahyan, issued Law No.1 on the establishment of an Abu Dhabi Investment Office (ADIO) and Law No.2 on regulating partnerships between public and private sectors. The Abu Dhabi Investment Office will be responsible for executing a comprehensive strategy to increase foreign direct investment to Abu Dhabi. As part of the Emirate’s Ghadan 21 programme, ADIO’s activities will expand to include key levers to accelerate economic growth, such as Public-Private Partnerships (PPP) and targeted incentives for Abu Dhabi’s priority sectors, such as technology, tourism, and advanced manufacturing.

• Type:

  • Promotion and facilitation (Other)

• Industry:

  • Not industry specific

• Sources:

  • Emirates News Agency, President issues two laws to formally establish Abu Dhabi Investment Office, http://wam.ae/en/details/1395302737944, 07 Feb 2019
  • The Levant News, UAE laws issues to regulate FDI and public-private partnerships, http://the-levant.com/uae-laws-issues-regulate-fdi-public-private-partnerships/, 07 Feb 2019