Greece’s New Economy Development Fund, known as TANEO in its Greek-language acronym, has signed a MoU with UAE state-controlled investment fund, the well-known Mubadala Investment Co., to create a joint investment platform.
The deal was signed in Abu Dhabi on Wednesday by TANEO’s president and CEO, Antonis Georgakakis and Khaldoon Khalifa Al Mubarak, Mubadala’s CEO.
According to the two-year agreement, both sides will contribute up to 200 million euros, each, as capital towards funding dynamic and promising new SMEs in either country.
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Source:naftemporiki.gr
