Abu Dhabi ‘to invest billions’ in British business


Abu Dhabi will reportedly invest billions of pounds in British health, tech, green energy and infrastructure as part of a post-Brexit deal.

Mubdala, one of the UAE’s most active funds, will pay 800m into life sciences over five years, the Financial Times reported.

It is thought investments in the other three sectors will be of a similar scale.

The exact size of the total investment is not yet clear, the newspaper said.

However, the total deal is expected to be worth up to 5bn, it suggested.