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Abu Dhabi Investment Authority

Abu Dhabi Investment Authority News

Person, Human, Tie

Lulu Group targets Iraq and Africa ahead of Abu Dhabi IPO

Lulu Group International is planning a listing on the Abu Dhabi Securities Exchange in 2023 and has hired investment bank Moelis & Co to advise it. The supermarket chain, which has its headquarters in Abu Dhabi, also confirmed to AGBI that it will add new outlets to its network as it consolidates in the Middle […]

Person, Human, Judge
  • Analysis

Canada and Dubai grow closer with every deal struck

A Canadian pension fund company’s decision to invest $5 billion in UAE multinational logistics company DP World’s assets is a striking example of the deepening commercial ties between the two countries.   Caisse de Depot et Placement du Quebec’s (CPDQ) announced the deal on Monday. It will see CPDQ take a 22 percent stake in DP World’s prized assets in […]

Gulf ports trump US in global efficiency rankings

Heavy investment has seen the Middle East dominate the top of the rankings of a list of the most efficient container ports in the world, with some Saudi ports up to four times more efficient than their North American rivals. The latest edition of the Container Port Performance Index (CPPI), which was developed by the […]

Sheikh Khalifa bin Zayed al-Nahyan changed the face of the United Arab Emirates

Sheikh Khalifa, ‘master statesman’ who put UAE on the map

Analysts pay tribute to the visionary leader who transformed his region “The UAE is almost unrecognisable from 20 years ago and has developed into a vibrant and dynamic place where individuals and businesses can flourish,” according to Scott Livermore, chief economist at research group Oxford Economics Middle East. That is the legacy of Sheikh Khalifa […]

Sheikh Khalifa bin Zayed al-Nahyan with President George W Bush in 2008

A modernising leader who moved UAE closer to US

Sheikh Khalifa bin Zayed al-Nahyan, who died today, was a pro-Western moderniser whose low-key approach helped steer the United Arab Emirates through a tense era in regional politics by aligning the Gulf oil producer with Washington and its allies, including Israel. Khalifa, who was born in 1948, had been ruler of the richest emirate, Abu […]

United Arab Emirates' President Sheikh Khalifa bin Zayed al-Nahyan

1948-2022: Sheikh Khalifa bin Zayed Al Nahyan’s timeline

September 7 1948: Sheikh Khalifa was born in the inland oasis-city of Al Ain. 1966: He was appointed Ruler’s Representative in the Eastern Region of Abu Dhabi and Head of the Courts Department in Al Ain. 1969: Sheikh Khalifa was nominated Crown Prince of Abu Dhabi and appointed Head of the Abu Dhabi Department of […]