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Adia $40bn Japanese investments
- United Arab Emirates: Saturday, June 09 - 2007 at 08:00
The Abu Dhabi Investment Authority has invested around $40bn in Japanese assets according to Takuma Hatano, the country's Ambassador to the UAE and cited by Gulf News. Hatano estimated that Adia's total overseas investments have now hit $700bn and he believed more UAE based firms would be looking to invest in Japan. The UAE exported around $25.8bn worth of oil to Japan last year.
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Jonathan Sheikh-Miller, Deputy EditorSaturday, June 09 - 2007 at 08:00 UAE local time (GMT+4)
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