Abu Dhabi Invests £20 Billion in the UK, Double Its 2021 Pledge

Abu Dhabi has surpassed its £10 billion investment commitment to the UK, channeling more than twice that sum into British assets despite signs of strain in the bilateral relationship, according to people familiar with the matter.

The original pledge was part of the Sovereign Investment Partnership signed in 2021, led by the emirate’s Mubadala Investment Co. and the UK Office for Investment. The deal envisaged an increase in spending in the five-year period to 2026 and Abu Dhabi has exceeded that target, the people said, asking not be named discussing information that isn’t public.