UAE, Egypt, Jordan agree to $10 billion investment partnership
The Abu Dhabi investment firm ADQ will manage the funds, which will focus on food security and industrial integration in the region.
![Jordan energy](/sites/default/files/styles/article_hero_medium/public/2022-06/GettyImages-1042079752.jpg?h=a5ae579a&itok=k7-YloSr)
The United Arab Emirates, Egypt and Jordan announced a new industrial investment project Sunday.
What it means: The three countries signed the Industrial Partnership for Sustainable Economic Growth in Abu Dhabi. The partnership allocates $10 billion to an investment fund managed by ADQ, which functions as a sovereign wealth fund for the UAE. The countries will invest in the following sectors: