The British government announced the UAE is increasing UK investment with a focus on life sciences. The UAE is increasing UK investment with a focus on life sciences such as healthcare innovation, the British government said Wednesday as it looks to boost the virus-hit economy. It comes as Prime Minister Boris Johnson seeks also to strengthen non-EU investment and trade links following Brexit. Abu Dhabi's Mubadala Investment Company has committed an initial £800 million ($1.1 billion, 928 million euros) to UK life sciences over five years, a joint statement said. The sum will be added to a UK government investment totalling £200 million announced last year. "This is the first agreement of it
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