Abu Dhabi Invest AD launches Libya fund to tap high growth

Abu Dhabi financial services company Invest AD has launched a fund to invest in Libya, one of Africa’s fastest growing economies. Invest AD has already committed its own capital to the fund, which will invest in Libya’s $2.2bn stock market, as well as participating in initial public offerings (IPOs) and taking pre-IPO stakes in companies.

“Libya has taken positive steps to open its economy and is reaping the rewards, with very high rates of economic growth,”…read more

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