Abu Dhabi Investment Office (ADIO), the government entity that helps attract companies and investors in the Gulf emirate, is pursuing Indian startups to set up bases in the region to expand the local economy beyond hydrocarbons.
ICT (information communications technology), financial services, tourism, health services, and biopharma are among the industries with which ADIO is in discussions with businesses. By investing $545 million in its “Innovation Programme,” ADIO has already helped more than 50 businesses in the US, Europe, and Asia. Three Indian companies—FreshToHome, ANSR, and Talent500—have been included in the partnerships for more than a year now.
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