Middle East Economic Survey

VOL. LII

No 24

15-Jun-2009

UAE

ADIC Rebrands, Positions Invest AD To Attract Institutional Investors In MENA

Abu Dhabi Investment Company (ADIC) announced last week that it is now operating under a new name, Invest AD, as part of its new mandate to attract institutional investors to MENA. While the region is often a source of capital (witness the high profile Abu Dhabi investments in Daimler Benz, Barclays, Ferrari and football clubs), Invest AD executives stress that...