UAE-Bangladesh Investment Company Limited (UBICO)[1] is financial institution owned by the Government of Bangladesh and the Abu Dhabi Fund for Development.
[3] 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.
[10] On 30 May 2013, the Minister of Finance Abul Mal Abdul Muhith spoke at a function of UAE-Bangladesh Investment Company Limited and projected a 6.3 percent growth in GDP.
[11] On 9 June 2014, Chairman of UAE-Bangladesh Investment Company Limited Dr Aslam Alam, who is also the secretary of the Bank and Financial Institutions Division under the Ministry of Finance, handed over 7.2 million taka to the Minister of Finance Abul Mal Abdul Muhith as dividends on the shares owned by the government.