Subject to the entire agreement the following financial institutions which are totally or partially owned by the government by the federal or local government shall be exempt from any income derived from their activities in their model:
- (a) Abu Dhabi Investment Authority;
- (b) Dubai Investment Corporation;
- (c) Mubadalla;
- (d) Dubai World;
- (e) UAE Investment Authority;
- (f) Abu Dhabi Investment Council;
Any other similar financial institution that shall be testified by exchange of letters through diplomatic channels.