ADQ To Finance Turkey Relief Bonds
Posted on 07/21/2023
Abu Dhabi’s ADQ signed two memoranda of understanding to invest in US$ 8.5 billion in Turkey’s earthquake bonds following the devastating earthquakes of February 6, 2023. With 54,000 killed and a staggering number of displaced, the money is needed to provide housing. The magnitude of the earthquake was 7.8 and was followed by another 7.5…