Abu Dhabi Investment Authority enters Rio realty with investments in two towers

According to Business 24-7, “Abu Dhabi Investment Authority (Adia) is investing in two towers in Rio de Janeiro, Brazil. Foreign Minister Sheikh Abdullah bin Zayed Al Nahyan, who is on a visit to the South American nation, inspected the construction progress of the towers. Earlier in Brasilia, Sheikh Abdullah held talks with Minister of External Relations of Brazil Celso Amorim and discussed means of enhancing co-operation in areas of economy, trade and investment between the two nations. The UAE side called for concluding bilateral agreements on avoidance of double taxation and encouragement and protection of investment. Arrangements for the upcoming visit of His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice-President and Prime Minister of UAE and Ruler of Dubai, to Brazil next year were also discussed.”

read more: Business 24-7

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