"Abu Dhabi Investment" Supports expansion plans for "Fosson International" In the Middle East
Shanghai, February 20 / WAM / The Abu Dhabi Investment Office signed a strategic partnership agreement with the “Fosson International Limited” group, the global investment group based on innovation, which is listed on the Hong Kong Stock Exchange, with the aim of strengthening and expanding the business of the group’s companies in Abu Dhabi and the region.
The agreement, which was signed today at the Abu Dhabi Investment Forum in Shanghai, contributes to enhancing economic relations between Abu Dhabi and China, and consolidating the emirate’s position as a leading global destination for investment.
Under cooperation, the Abu Dhabi Investment Office will provide the necessary support for the “Fosson” group, enabling it to enhance its strategic relations and carry out studied investments, which supports its plans to expand its business in Abu Dhabi and the region, and provide its services in the fields of wealth management, financial technologies, luxury residential real estate and health care.
Fosson International is a global investment group that achieved revenues of 97.84 billion yuan “about $ 13.4 billion” in the first half of 2024, and more than 110,000 employees around the world work.
The group is active in the fields of medicines, health care, tourism, insurance, financial services and smart manufacturing; By choosing Abu Dhabi as its regional headquarters in the Middle East, Africa and South Asia, Foson aims to take advantage of the comprehensive and vital system of the emirate as an important center and a favorite destination for investors from around the world.
His Excellency Badr Salim Sultan Al -Ulama, Director General of the Abu Dhabi Investment Office, said that Abu Dhabi continues to attract leading international companies, which enhances their position as a leading investment destination at the global level, as the partnership with “Fosson International” confirms the commitment to strengthening influential investments, which drive innovation and contribute to accelerating The economic shift in Abu Dhabi, noting that “Fosson” is one of the most commercial companies The effect in China, its entry into Abu Dhabi will open new horizons for cooperation across various sectors, which contributes to enhancing the emirate’s vision and achieving sustainable economic growth.
In addition to establishing a regional headquarters in Abu Dhabi, “Fosson” will cooperate with the Abu Dhabi Investment Office in attracting global investors, wealth owners and family companies, and support the development of strategic economic group in the Emirate of Abu Dhabi.
Wilson Jin, the first vice president of the “Fosson International” group, said that Abu Dhabi is characterized by its strategic location, its appropriate business environment and its global -level regulatory framework, which makes it the ideal location to implement the next stage of the “Fuson” plan for international growth and expand the scope of its subsidiaries, noting that this is The company will allow the group’s activities to expand, attract first -class new investors, and contribute to achieving the vision Economic for the emirate.
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