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Abu Dhabi National Hotels to invest over Dh1 billion to develop a luxury resort at Al Marjan Island

Gulf Countries Race for Foreign Capital

Sovereign funds, foreign investments, oil companies’ low-profile borrowing or sales of shares, Gulf countries are in search of the winning martingale to attract foreign capital deemed essential for diversifying the regional economy when the oil windfall is exhausted. To prepare the initial public offering of the Dubai Electricity and Water Authority (DEWA), the ruler of the economic capital of the United Arab Emirates introduced the “road show” in person: “To invest in the DEWA is to invest (.)

Gulf Countries Race for Foreign Capital

Sovereign funds, foreign investments, oil companies’ low-profile borrowing or sales of shares, Gulf countries are in search of the winning martingale to attract foreign capital deemed essential for diversifying the regional economy when the oil windfall is exhausted. To prepare the initial public offering of the Dubai Electricity and Water Authority (DEWA), the ruler of the economic capital of the United Arab Emirates introduced the “road show” in person: “To invest in the DEWA is to invest (.)

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