Abu Dhabi Investment Bank Signs Cooperation Agreement with Japanese Banking Company

Media In – Abu Dhabi 2 May 2018 / WAM /
Abu Dhabi Investment Authority (ADIO) signed an agreement with Sumitu Mitsua Banking (SMBC), which has two billion dollars worth of transactions in the Emirate of Abu Dhabi to promote joint cooperation in a number of areas related to promoting foreign direct investment between the Emirate of Abu Dhabi and Abu Dhabi. Abu Dhabi and Japan.
The agreement was signed by Ahmed Bin Ghannam, Executive Director of the Abu Dhabi Investment Office and Kato Takashima, Chief Executive Officer of Sumito Mitsua Banking, Japan, in the presence of a number of officials from both sides.
Under the agreement, the two sides agreed to organize a number of events focusing on Japanese businessmen and investors who have a desire to invest or do business in the Emirate of Abu Dhabi.
According to the agreement, Abu Dhabi Investment Office will provide information and data to prospective Japanese investors to support the development of their businesses and investments in the Emirate of Abu Dhabi.
Saif Mohammed Al Hajri, Chairman of the Department of Economic Development, Abu Dhabi, said during his meeting with Kato Takashima, Chief Executive Officer of Sumito Mitsua Banking in Japan, that Abu Dhabi Government is keen to enhance Japanese investments in Abu Dhabi by providing all the potentials and incentives that will enable investors and businessmen from Japan to Get real investment opportunities in the UAE.
Saif Al Hajeri said that the agreement will enhance investment opportunities between the two sides in light of the implementation of the development projects in a number of economic sectors such as industry, business, capital markets, education, health, information technology, infrastructure and others