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Mon, 09 Nov 2009 | 20:13 GMT

Abu Dhabi Investment Authority  
Also known as: ADIA
 
 
 
 
 
 
 
Company Updated: Jan 26, 2009
 
Joint Stock
 
 
Investment arm of the Abu Dhabi government focusing on international equities as well as on fixed income market.
1976
1,100 (As of Jan 21, 2009)
 Key Officers
HH Sheikh Khalifa Bin Zayed Al Nahyan
Chairman
HH Sheikh Ahmad Bin Zayed Al Nahyan
Director and Managing Director
 
 Contact Details
Address:
ADIA Building, 2 Towers
211 Corniche Street
P.O. Box 3600
Abu Dhabi
United Arab Emirates
 
+971 2-415-0000
 
+971 2-415-1000
 
www.adia.ae
 
www.citigroup.com

 
  Latest Headline
Abu Dhabi, Korea to Boost Bilateral Investments - Khaleej Times
 
  Business Overview
Abu Dhabi Investment Authority is a sovereign wealth fund established to diversify the wealth of Abu Dhabi, which is predominantly generated from oil revenues, by investing outside of the UAE.

ADIA's total assets are estimated at USD 600 billion to 875 billion as of 2007, making it the world's largest sovereign wealth fund. The size of those assets constitute about five times the size of UAE's 2007 GDP. Some of ADIA's notable investments include EFG-Hermes HoldingEFG-Hermes HoldingLoading... (9%) another 4.9% stake in US Citigroup and 10% stake in Qatar TelecomQatar TelecomLoading....

ADIA started out in 1976 by replacing the Financial Investments Board as the arm designated to invest in local and regional equities, bonds, and real estate. ADIA eventually expanded its activities by launching a private equity department in 1989. It also opened an Emerging markets department in 2005.

The Abu Dhabi government reshuffled its investments in 2007 by establishing Abu Dhabi Investment Council (ADICADICLoading...) to take over and focus on investments within the UAE. ADIA shifted its focus outside the UAE and transferred its local investments over to ADICADICLoading..., which included Abu Dhabi Commercial BankAbu Dhabi Commercial BankLoading..., National Bank of Abu DhabiNational Bank of Abu DhabiLoading..., Abu Dhabi Investment CompanyAbu Dhabi Investment CompanyLoading... and Etihad AirwaysEtihad AirwaysLoading....
 
 
 Major Shareholders
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  Organization Structure and Related Entities 
Subsidiaries/Associates/Affiliates
 
Name  Country  Holding
AP Alternative Assets LP Netherlands 40.00%
Banque de Tunisie et des Emirats Tunisia 38.90%
Arab Banking Corporation Bahrain 27.56%
Arab International Bank Egypt 25.00%
Union Cement Company UAE 20.35%
Joint Arab Investment Corporation Egypt -
Investments
 
Name  Country  Holding
Qatar Telecom Qatar 10.00%
EFG-Hermes Holding Egypt 8.65%
Citigroup United States 4.90%
Ecopetrol SA Colombia 0.07%
International Capital Trading UAE -
Related Organizations
 
Name  Country  Holding
Abu Dhabi Investment Council UAE -
 
 
 Summary Financials
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 Available to subscribers only. Information in this section includes key financials data such as Total Revenues, Net Profits, Totals Assets, Shareholder Equity, etc. » More Details
 
Company information provided by © 2009 ABQ Zawya Ltd.
 
 
    
 
 
 
 
 

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