Wednesday, April 26 - 2006 at 07:43

UAE (AME Info) - Abu Dhabi has introduced a $272m 10-year closed end fund, called the Zones Corp Infrastructure Fund, which will invest in the emirate's industrial and commercial zones. The fund was set up by the Higher Corporation for Specialised Zones and Abu Dhabi Commercial Bank, which will provide 75% equity; and Australia-based Macquarie Bank which will put in 25%. It will be managed jointly by ADCB and Macquarie Bank...

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Posted by rjorr at April 26, 2006 12:50 PM