Home UAE Abu Dhabi Indonesia fund lets UAE invest in its high-yield instruments The investment framework deal was signed with the Abu Dhabi Growth Fund by Bloomberg November 7, 2021 Indonesia’s state wealth fund said it has inked a new agreement that will allow funds from the United Arab Emirates to be placed in a variety of its high-yielding financial instruments. The investment framework deal was signed with the Abu Dhabi Growth Fund, which in March announced a $10bn investment in the Southeast Asian nation’s wealth fund, according to a statement on Saturday from the Indonesia Investment Authority, or INA. Southeast Asia’s biggest economy and the UAE have been intensifying political and economic ties, with President Joko Widodo’s recent visit to Abu Dhabi resulting in an investment commitment of $32.7bn from UAE companies. Tags Indonesia Investments UAE Yield 0 Comments You might also like New Dhs1bn fund targets reshaping UAE health, wellness Insights: Why the UAE is a premier hub for cybersecurity startups UAE’s Julphar divests Zahrat Al Rawdah Pharmacies Last chance for UAE overstayers as visa amnesty deadline extended