UAE-Bangladesh Investment Company Limited (UBICO)[1] is financial institution owned by the Government of Bangladesh and the Abu Dhabi Fund for Development.[2] Mr. M. M. Mostafa Bilal is the Managing Director of UAE-Bangladesh Investment Company Limited.[3]
History
United Arab Emirates led by Zayed bin Sultan Al Nahyan signed an agreement with Bangladesh to establish UAE-Bangladesh Investment Company Limited in 1986.[4] The company became operational in 1987 with 60 percent share owned by Abu Dhabi Fund for Development and the rest by the government of Bangladesh.[4][5]