Company Insights Abu Dhabi Investment Authority Banking and Finance Abu Dhabi Investment Authority News Banking and Finance Abu Dhabi fund to invest $500m in Indian eyewear startup The UAE’s sovereign fund Abu Dhabi Investment Authority (ADIA) will invest $500 million in Lenskart, becoming the largest stakeholder in the India-based eyewear retailer. The companies have signed a definitive document through which ADIA’s wholly owned subsidiary will route the investment by purchasing both primary and secondary shares in Lenskart. The deal is subject to statutory and regulatory approvals. The […] March 17, 2023 Transport Abu Dhabi sets up new company to develop transport systems Abu Dhabi will set up a new company to develop and operate transport systems in its rural and urban areas. Abu Dhabi Transport Company will develop rail systems and all other related services and operations. It will provide integrated transport services, including the rental of vehicles and buses, the UAE’s state-run WAM news agency reported. […] March 12, 2023 Banking and Finance Sheikh Tahnoun named chair of Abu Dhabi wealth fund Sheikh Tahnoun bin Zayed Al Nahyan has been named chairman of Abu Dhabi Investment Authority as part of a shake-up of the UAE capital’s sovereign wealth funds. The country’s national security advisor, Sheikh Tahnoun is the brother of UAE president Sheikh Mohammed bin Zayed Al Nahyan, who took office last May. Founded in 1976, ADIA […] March 10, 2023 Banking and Finance Abu Dhabi weighs bid for 34% stake in UK port operator Abu Dhabi Investment Authority (ADIA) is among several companies planning to bid for a 34 percent stake in Associated British Ports (ABP), valued at nearly £2 billion ($2.42 billion). Stonepeak Partners LP and British Columbia Investment Management Corporation are among the other investors interested in the stake being sold by Canada Pension Plan Investment Board […] February 22, 2023 Analysis Banking and Finance Gulf wealth funds look to snap up ‘cheap’ assets in West Sovereign wealth funds across the Middle East are forecast to take advantage of “limited competition” from global peers this year to pursue “cheap” assets in Europe, the US and other western markets. A sharp drop in stock and bond markets over the past year has resulted in the combined value of the world’s sovereign wealth […] January 3, 2023 Analysis Xi Jinping visits Saudi as GCC looks east on trade When President Xi Jinping of China arrives in Saudi Arabia on Wednesday, it is likely to add further momentum to a flourishing relationship with the GCC that surpassed trade with the US and Europe combined last year. Three summits are planned during the three-day visit with over 20 agreements worth more than $29.3 billion expected […] December 7, 2022 Analysis Energy Adnoc chasing global growth with latest venture Abu Dhabi National Oil Company (Adnoc) is creating a dedicated unit for low carbon solutions and international business. It is an attempt to monetise the decarbonisation strategy mandated to it by its board and the wider UAE government. But the company must ensure that any future overseas work does not cannibalise that of the Abu […] December 7, 2022 Analysis Tech Rise of the supercomputers: Gulf invests its oil profits in big tech Abu Dhabi Investment Authority, the world’s third-largest sovereign wealth fund, has revealed plans to launch ADIA Lab, a centre dedicated to cutting-edge research in data science, artificial intelligence, machine learning and quantum computing. From its base in the UAE capital, ADIA Lab will start work on December 2, supporting projects on climate change and energy […] November 1, 2022 Analysis Abu Dhabi sovereign wealth fund to deploy more into private credit Abu Dhabi Investment Authority (ADIA) is upping its exposure to private credit to boost its returns, the world’s fifth largest sovereign wealth fund revealed in its 2021 annual review published on Thursday. Private credit has flourished since the 2008 global financial crisis as banks became more risk averse in their lending and interest rates plunged, […] October 27, 2022 Abu Dhabi’s ADQ invests $125m in female-led private equity fund Wealth fund ADQ is backing Aliph Capital, set up by Huda Al Lawati. Research has found women in VC are more likely to invest in other women October 25, 2022 Posts navigation Previous 1 … 12 13 14 Next
Banking and Finance Abu Dhabi fund to invest $500m in Indian eyewear startup The UAE’s sovereign fund Abu Dhabi Investment Authority (ADIA) will invest $500 million in Lenskart, becoming the largest stakeholder in the India-based eyewear retailer. The companies have signed a definitive document through which ADIA’s wholly owned subsidiary will route the investment by purchasing both primary and secondary shares in Lenskart. The deal is subject to statutory and regulatory approvals. The […] March 17, 2023
Transport Abu Dhabi sets up new company to develop transport systems Abu Dhabi will set up a new company to develop and operate transport systems in its rural and urban areas. Abu Dhabi Transport Company will develop rail systems and all other related services and operations. It will provide integrated transport services, including the rental of vehicles and buses, the UAE’s state-run WAM news agency reported. […] March 12, 2023
Banking and Finance Sheikh Tahnoun named chair of Abu Dhabi wealth fund Sheikh Tahnoun bin Zayed Al Nahyan has been named chairman of Abu Dhabi Investment Authority as part of a shake-up of the UAE capital’s sovereign wealth funds. The country’s national security advisor, Sheikh Tahnoun is the brother of UAE president Sheikh Mohammed bin Zayed Al Nahyan, who took office last May. Founded in 1976, ADIA […] March 10, 2023
Banking and Finance Abu Dhabi weighs bid for 34% stake in UK port operator Abu Dhabi Investment Authority (ADIA) is among several companies planning to bid for a 34 percent stake in Associated British Ports (ABP), valued at nearly £2 billion ($2.42 billion). Stonepeak Partners LP and British Columbia Investment Management Corporation are among the other investors interested in the stake being sold by Canada Pension Plan Investment Board […] February 22, 2023
Analysis Banking and Finance Gulf wealth funds look to snap up ‘cheap’ assets in West Sovereign wealth funds across the Middle East are forecast to take advantage of “limited competition” from global peers this year to pursue “cheap” assets in Europe, the US and other western markets. A sharp drop in stock and bond markets over the past year has resulted in the combined value of the world’s sovereign wealth […] January 3, 2023
Analysis Xi Jinping visits Saudi as GCC looks east on trade When President Xi Jinping of China arrives in Saudi Arabia on Wednesday, it is likely to add further momentum to a flourishing relationship with the GCC that surpassed trade with the US and Europe combined last year. Three summits are planned during the three-day visit with over 20 agreements worth more than $29.3 billion expected […] December 7, 2022
Analysis Energy Adnoc chasing global growth with latest venture Abu Dhabi National Oil Company (Adnoc) is creating a dedicated unit for low carbon solutions and international business. It is an attempt to monetise the decarbonisation strategy mandated to it by its board and the wider UAE government. But the company must ensure that any future overseas work does not cannibalise that of the Abu […] December 7, 2022
Analysis Tech Rise of the supercomputers: Gulf invests its oil profits in big tech Abu Dhabi Investment Authority, the world’s third-largest sovereign wealth fund, has revealed plans to launch ADIA Lab, a centre dedicated to cutting-edge research in data science, artificial intelligence, machine learning and quantum computing. From its base in the UAE capital, ADIA Lab will start work on December 2, supporting projects on climate change and energy […] November 1, 2022
Analysis Abu Dhabi sovereign wealth fund to deploy more into private credit Abu Dhabi Investment Authority (ADIA) is upping its exposure to private credit to boost its returns, the world’s fifth largest sovereign wealth fund revealed in its 2021 annual review published on Thursday. Private credit has flourished since the 2008 global financial crisis as banks became more risk averse in their lending and interest rates plunged, […] October 27, 2022
Abu Dhabi’s ADQ invests $125m in female-led private equity fund Wealth fund ADQ is backing Aliph Capital, set up by Huda Al Lawati. Research has found women in VC are more likely to invest in other women October 25, 2022
