UAE Plans to Invest Up to $14 Billion in U.K. as Ruler Visits
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The United Arab Emirates will invest 10 billion pounds ($14 billion) in post-Brexit Britain, targeting infrastructure, clean energy and technology over the coming years as the Gulf state seeks to strengthen trade ties beyond the Middle East.
The pledge came during the visit of de facto ruler Sheikh Mohammed bin Zayed Al Nahyan to London and was unveiled by Abu Dhabi wealth fund Mubadala Investment Co., which has $243 billion under management, and the U.K. Office for Investment.