Skip to content Skip to Search
Skip navigation
Banking and Finance
Company Insights

Abu Dhabi Investment Authority

Banking and Finance

Abu Dhabi Investment Authority News

Abu Dhabi Gujarat Gift City

ADIA gets nod for $5bn fund in India’s new business hub

The Abu Dhabi Investment Authority (ADIA), the UAE’s largest sovereign wealth fund, will set up a $4 billion to $5 billion fund in India’s latest special economic zone. The regulatory authority for financial services at Gujarat International Finance Tec-City (Gift City) has granted in-principle approval to ADIA to set up the fund, the Reuters news […]

Sheikh Mohamed bin Zayed Al Nahyan and Narendra Modi, the leaders of the UAE and India, press palms at a meeting in New Delhi

UAE and India to sign new investment treaty

Indian Prime Minister Narendra Modi and UAE President Mohammed bin Zayed Al Nahyan are to sign a bilateral investment treaty (Bit) during the former’s visit to the emirate this month. The UAE is India’s third-largest source of foreign direct investment and the seventh-largest trade partner. The Indian government cleared the treaty on February 1, after which the […]

Pacha has been central to Ibiza's club scene since the 1970s

Five Holdings plans ultra-luxury Pacha Ibiza residences

Dubai developer Five Holdings plans to build ultra-luxury residences in Ibiza following the completion of a $57 million hotel and land deal. The UAE real estate and hospitality group has acquired El Hotel Pacha and an adjacent land plot where it plans to build Pacha Residences, using the branding of the Balearic island’s most famous […]

Dutch pension fund APG said the deal with ADIA is part of Indonesia’s bid to raise up to $2.75bn in investment in its toll road networks

ADIA unit invests in Indonesian toll roads system

A wholly owned subsidiary of Abu Dhabi Investment Authority (ADIA) has invested in Indonesia’s Trans Java Toll Roads, partnering with Dutch pension fund APG Asset Management and Indonesia’s sovereign wealth fund Indonesia Investment Authority (INA). APG said the deal is part of Indonesia’s bid to raise up to $2.75 billion in investment in its toll […]

A Human Horizons EV. PIF’s investment could potentially value the Shanghai-based company at $3bn

PIF top spender among sovereign funds in 2023

Saudi Arabia’s sovereign wealth fund, Public Investment Fund (PIF), was the top spender worldwide among state-owned investors, the 2024 Global Sovereign Wealth Fund report has revealed, underlining the kingdom’s determination to reallocate its hydrocarbon revenues to diversify and expand its domestic economy. State-owned investors include sovereign wealth funds (SWFs), public pension funds and central banks, […]

Talal Al Dhiyebi, Group Chief Executive Officer, Aldar Properties

Aldar ‘confident’ of doubling market cap within five years 

Abu Dhabi developer Aldar Properties is ramping up an international expansion drive that, alongside plans to grow its UAE portfolio, will help to double its market cap, its group chief executive said.  Aldar’s market cap is currently $12 billion, and group CEO Tilal Al Dhiyebi foresees “doubling that in five years,” he told AGBI in […]

A Colombian grower picks coffee fruits at a plantation in Pueblorrico. Only Brazil and Vietnam produce more coffee

Coffee fuels growth plans for UAE-Colombia trade

The UAE finalised the terms of a trade deal with Colombia on Saturday as a Dubai free zone is also targeting growth with the commodities-rich nation. The comprehensive economic partnership agreement (Cepa) is the first bilateral trade deal between the Gulf and South America. Dubai Multi-Commodities Centre (DMCC) brought its Made for Trade Live roadshow […]

Samir Assaf, Mena chairman at General Atlantic, said the company is preparing 'three or four more investments' in the region

US private equity giant General Atlantic opens Gulf offices

Global private equity firm General Atlantic, which manages $77 billion in assets, is opening offices in the UAE and Saudi Arabia. The company has been investing in the Middle East since 2015 without a local base, but is now establishing a stronger foothold as it nears the completion of new investment deals in the region. […]

The DIFC Gate Building, as seen from a drone camera. The free zone opened in 2004

Fund managers hedge bets between Dubai and Abu Dhabi

A growing number of hedge funds are choosing to register in both the UAE’s financial hubs, according to the CEO of a consultancy that advises businesses on setting up in the Emirates. Clare Curtis, CEO of Effecta Compliance, told an investment conference on Monday that there was strong interest in the Dubai International Financial Centre […]