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In UAE, Abu Dhabi expands ag-tech investment incentives to other sectors

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The Abu Dhabi Investment Office (ADIO) is expanding its agricultural technology incentive program to companies in other high-growth areas, and has increased funds available to 2 billion dirhams ($545 million), it said on Thursday.

The program is now available to innovation-focused firms in financial services, information and communications technology (ICT), health services and biopharma, and tourism, ADIO said.

ADIO partnered with seven agricultural firms this year under the scheme.

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