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Craving More, #AbuDhabi’s New Wealth Fund Can’t Move Fast Enough - Bloomberg

Craving More, Abu Dhabi’s New Wealth Fund Can’t Move Fast Enough - Bloomberg Less than two years into frenetic dealmaking that reeled in a haul from pharmaceuticals to agricultural trading, Mohamed Hassan Alsuwaidi’s biggest worry is if he’s moving “fast enough.”The sense of urgency may seem surprising from the chief executive of Abu Dhabi’s newest sovereign fund, ADQ, which amassed an estimated $110 billion in assets since being founded in 2018, including a 45% stake in Louis Dreyfus Company ...
Tags: Travel, Bloomberg, Abu Dhabi, Rupert Neil Bumfrey, ADQ, Louis Dreyfus Company BV, Mohamed Hassan Alsuwaidi, Alsuwaidi


#UAE to Grow More Food in the Desert as Pandemic Disrupts Imports - Bloomberg

UAE to Grow More Food in the Desert as Pandemic Disrupts Imports - BloombergThe United Arab Emirates, most of which is desert, said it should be able to triple the proportion of its food that’s local within a decade.A surge in food prices globally and the disruption to supply chains caused by the coronavirus pandemic have caused the oil-rich UAE to accelerate schemes to grow more crops and farm more livestock. The country, which includes Abu Dhabi and the business hub of Dubai, currently imports...
Tags: Travel, Bloomberg, United Arab Emirates, Dubai, Abu Dhabi, Bloomberg TV, Rupert Neil Bumfrey, Mariam Almheiri, Louis Dreyfus Company BV