Thursday 26 March 2009

Adih eyes US, Europe distressed assets


Abu Dhabi Investment House (Adih) aims to capitalise on opportunities in distressed assets in the US and European countries, said its Deputy Chief Executive Officer Fawaz Al Jowder.

In an interview with CNBC Arabiya, he said the company has extended its operations to North Africa including Morocco and Tunisia, and Southeast Asia.

Al Jowder added that the company has also made significant investments in funds such as the India Entertainment City, part of the Qatar Entertainment City.

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