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12 Dec 2023

5,000

Number of Special Purpose Vehicles Abu Dhabi Attracted Since 2016

Abu Dhabi has experienced a significant increase in special purpose vehicles, rising from 24 in 2016 to 5,000 today. Prominent figures such as Changpeng 'CZ' Zhao, the Adani family from India, and hedge fund billionaire Ray Dalio are contributing to this growth. [Source](https://www.bloomberg.com/news/newsletters/2023-12-11/interest-rates-in-2024-when-will-banks-start-to-lower-costs?utm_source=instagram&utm_medium=social&utm_campaign=instagram-story&utm_content=businessweek&fbclid=PAAabtNfJZSwYJvmqQUTkO-vIFt6ayJwODrmPAk9f2uFUPsmaAiAZs4wc28Nk)