Abu Dhabi investors arrive in Silicon Valley

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Keen to continue reducing the historical reliance on oil revenue and diverting assets into non-hydrocarbon sectors, an investor from the United Arab Emirates invested a large minority share in the U.S. incubator start-up accelerator called “500 Startups”. Based in the Silicon Valley, “500 Startups” operates disruptive start-ups such as Storefront (which connects retailers with short term retail spaces), Wiser (up-to-date information on pricing), Fulfil.io (which allows customers shop

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