UAE and Greece to set up $4.2bn investment initiative.

Sheikh Mohamed bin Zayed, Crown Prince of Abu Dhabi and Deputy Supreme Commander of the Armed Forces, met Kyriakos Mitsotakis, Prime Minister of Greece, in Abu Dhabi on Monday. As part of the visit, the UAE and Greece said they had agreed to create a [euro]4 billion ($4.22bn) initiative to invest in the Greek economy. Investments will be made in sectors including infrastructure, renewable and new forms of energy, health care and pharmaceuticals, food and agriculture, and logistics, state news agency Wam reported. For the initiative, a deal was signed between Abu Dhabi holding company ADQ and Hellenic Development Bank and Hellenic Development Bank of Investments, by Mohamed Alsuwaidi, managing...