March 24, 2021
The Financial Times has reported that the UAE has sealed a multibillion-pound investment partnership with the UK to invest in British health, technology, clean energy and infrastructure, a significant post-Brexit boost. Mubadala will pump £800 million ($1.4 billion) into the life sciences sector over five years alongside £200 million from a British government fund. The investments in the other three selected sectors are expected to be of a similar or larger scale through to 2026, suggesting the overall investment could be up to £5 billion.
Read the original article on the Financial Times: Abu Dhabi agrees multibillion-pound investment in British business