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China development financier AIIB opens first global office in UAE

Bank officials expect that the new Abu Dhabi location will help extend their reach to finance sustainable development projects.

DUBAI — China’s Asian Infrastructure Investment Bank (AIIB) has opened an office in Abu Dhabi, the company's first beyond its Beijing headquarters, according to an announcement Wednesday. 

The Abu Dhabi Fund for Development (ADFD), a foreign aid agency affiliated with Abu Dhabi’s government, stated in a press release Wednesday that it helped inaugurate the AIIB office at the United Arab Emirates’ capital financial center, Abu Dhabi Global Market.


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