Abu Dhabi backs $30B infrastructure partnership

Abu Dhabi's sovereign wealth fund L'IMAD has partnered with ADNOC, BlackRock's Global Infrastructure Partners, and Temasek in a $30 billion infrastructure investment initiative. The partnership will target investments across digital infrastructure, energy, logistics, transport, waste management, and water sectors throughout the Gulf, Central Asia, and the Middle East. This deal demonstrates continued investment confidence in Abu Dhabi despite regional geopolitical tensions and economic pressures.