2023-04-19 16:42:02
Wednesday, April 19, 2023 – 8:39 PM
ABU DHABI, 19th April, 2020 (WAM) — The Abu Dhabi Global Market, the leading international financial center for the capital of the United Arab Emirates, announced today that the Dalio Family Office (DFO), which manages the Dalio family’s investments, projects and charitable works, has opened a regional office in Abu Dhabi.
Ray Dalio, founder of Bridgewater Associates, said: I have more than 30 years of work and close relationships in the Emirate of Abu Dhabi; Abu Dhabi has become the center of many exciting developments in the region, including those taking place in the United Arab Emirates and Saudi Arabia, and for these reasons I was pleased to choose Abu Dhabi as the new home for the Dalio family office.
In addition to its offices in all the United States and Singapore; The Dalio family office in Abu Dhabi will oversee a range of activities, including the Dalio family’s investments and philanthropy, particularly strategic partnerships around areas of mutual interest such as ocean exploration.
These efforts will be enhanced by Abu Dhabi’s continued rise as a leading financial center with world-class banking, investment services and infrastructure.
The Dailo family office has a strong desire to build strategic and long-term partnerships with the main stakeholders in Abu Dhabi, as the office aims to contribute to the implementation of the long-term development vision for the region in general.
Mustafa Badr El Din / Ramy Samih
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