Company Insights Abu Dhabi Investment Authority Banking and Finance Abu Dhabi Investment Authority News Editor's Insight Economy Labour would do well to heed the Gulf There is still another week to go before UK chancellor Rachel Reeves’s first Budget. The long-awaited statement should set the direction and priorities for the new Labour government over the next four years. And, for Gulf investors and many others, it can’t come soon enough. It has not been the best start for the government […] October 25, 2024 Aviation Adia to invest $750m in debt of India’s GMR Group Abu Dhabi Investment Authority (Adia), the UAE’s largest sovereign wealth fund, will invest about $750 million in the debt of India’s GMR Group, giving it a foothold in one of the world’s fastest-growing aviation markets. The investment will also allow the Indian company to reduce the pledged shareholding on its airports business. Adia has invested […] October 23, 2024 Finance Kenya in loan talks with UAE to reduce debt Kenya and the UAE are discussing a commercial loan worth $1.5 billion, according to the Kenyan minister of finance. The loan would have an 8.25 percent interest rate and a seven-year tenor, John Mbadi told a press conference on Wednesday. “This loan is cheaper than the Eurobond we borrowed at 10.7 percent,” Mbadi told the […] October 16, 2024 Finance ADQ buys 96% of Bank Audi’s Turkish unit The Abu Dhabi sovereign wealth fund ADQ has signed an agreement to acquire 96 percent of Lebanon-based Bank Audi’s Turkish subsidiary, Odeabank. The transaction is subject to regulatory approvals, including from Turkey’s banking regulation and supervision authority and the competition authority. As part of the deal, Bank Audi and other investors such as the International Finance […] October 16, 2024 Trade Clouds clear as DP World seals London Gateway deal UAE port operator DP World has announced that it will go ahead with a £1 billion ($1.3 billion) investment in the UK after days of uncertainty, but the episode should be viewed as a “warning”, an expert has told AGBI. The expansion of DP World’s London Gateway port is intended to make it Britain’s largest […] October 14, 2024 Finance India’s Adani set to raise $1bn from Middle East wealth fund Adani Group, led by Indian billionaire Gautam Adani, is in advanced discussions with an unnamed sovereign wealth fund from the Middle East to raise up to $1 billion for its airports business, a news report said. The first tranche of the fundraising will be finalised by the end of the fourth quarter of 2024, Economic […] October 13, 2024 Analysis Banking and Finance Adia’s Thames Water write-off could discourage UK FDI Abu Dhabi’s decision to write off its investment in Thames Water will make international investors more cautious about backing UK projects, despite efforts by the UK government to make its water sector more attractive. The Abu Dhabi Investment Authority (Adia) owned 9.9 percent of the UK’s largest water supplier, but according to reports citing accounts […] October 10, 2024 Finance Abu Dhabi is top global city for SWF assets with $1.6trn Abu Dhabi’s various sovereign wealth funds have a combined $1.67 trillion in assets, having overtaken Oslo to become the wealthiest global city for SWF assets. This total includes Abu Dhabi Investment Authority (Adia), Mubadala, ADQ and Abu Dhabi Fund for Development, plus the federal government-owned Emirates Investment Authority, according to a report by Singapore-based consultants […] October 9, 2024 Finance Adia writes off investment in Thames Water The UAE’s largest sovereign wealth fund, Adia, has written off its investment in Thames Water, the UK’s largest water provider, a news report said. The entire investment value in Thames Water has been written down because of the “challenging regulatory environment and operational performance”, the Financial Times reported, citing an account filing by Infinity Investments, […] October 9, 2024 Banking and Finance ADIA’s new office in India to fast-track investments Abu Dhabi Investment Authority (ADIA), the UAE’s largest sovereign wealth fund, is accelerating its India investment plans after starting operations from the special economic zone in Prime Minister Narendra Modi’s Gujarat home state. “India is one of the world’s fastest growing economies and has been a key focus for our investment activities for a number […] October 8, 2024 Posts navigation Previous 1 … 4 5 6 … 14 Next
Editor's Insight Economy Labour would do well to heed the Gulf There is still another week to go before UK chancellor Rachel Reeves’s first Budget. The long-awaited statement should set the direction and priorities for the new Labour government over the next four years. And, for Gulf investors and many others, it can’t come soon enough. It has not been the best start for the government […] October 25, 2024
Aviation Adia to invest $750m in debt of India’s GMR Group Abu Dhabi Investment Authority (Adia), the UAE’s largest sovereign wealth fund, will invest about $750 million in the debt of India’s GMR Group, giving it a foothold in one of the world’s fastest-growing aviation markets. The investment will also allow the Indian company to reduce the pledged shareholding on its airports business. Adia has invested […] October 23, 2024
Finance Kenya in loan talks with UAE to reduce debt Kenya and the UAE are discussing a commercial loan worth $1.5 billion, according to the Kenyan minister of finance. The loan would have an 8.25 percent interest rate and a seven-year tenor, John Mbadi told a press conference on Wednesday. “This loan is cheaper than the Eurobond we borrowed at 10.7 percent,” Mbadi told the […] October 16, 2024
Finance ADQ buys 96% of Bank Audi’s Turkish unit The Abu Dhabi sovereign wealth fund ADQ has signed an agreement to acquire 96 percent of Lebanon-based Bank Audi’s Turkish subsidiary, Odeabank. The transaction is subject to regulatory approvals, including from Turkey’s banking regulation and supervision authority and the competition authority. As part of the deal, Bank Audi and other investors such as the International Finance […] October 16, 2024
Trade Clouds clear as DP World seals London Gateway deal UAE port operator DP World has announced that it will go ahead with a £1 billion ($1.3 billion) investment in the UK after days of uncertainty, but the episode should be viewed as a “warning”, an expert has told AGBI. The expansion of DP World’s London Gateway port is intended to make it Britain’s largest […] October 14, 2024
Finance India’s Adani set to raise $1bn from Middle East wealth fund Adani Group, led by Indian billionaire Gautam Adani, is in advanced discussions with an unnamed sovereign wealth fund from the Middle East to raise up to $1 billion for its airports business, a news report said. The first tranche of the fundraising will be finalised by the end of the fourth quarter of 2024, Economic […] October 13, 2024
Analysis Banking and Finance Adia’s Thames Water write-off could discourage UK FDI Abu Dhabi’s decision to write off its investment in Thames Water will make international investors more cautious about backing UK projects, despite efforts by the UK government to make its water sector more attractive. The Abu Dhabi Investment Authority (Adia) owned 9.9 percent of the UK’s largest water supplier, but according to reports citing accounts […] October 10, 2024
Finance Abu Dhabi is top global city for SWF assets with $1.6trn Abu Dhabi’s various sovereign wealth funds have a combined $1.67 trillion in assets, having overtaken Oslo to become the wealthiest global city for SWF assets. This total includes Abu Dhabi Investment Authority (Adia), Mubadala, ADQ and Abu Dhabi Fund for Development, plus the federal government-owned Emirates Investment Authority, according to a report by Singapore-based consultants […] October 9, 2024
Finance Adia writes off investment in Thames Water The UAE’s largest sovereign wealth fund, Adia, has written off its investment in Thames Water, the UK’s largest water provider, a news report said. The entire investment value in Thames Water has been written down because of the “challenging regulatory environment and operational performance”, the Financial Times reported, citing an account filing by Infinity Investments, […] October 9, 2024
Banking and Finance ADIA’s new office in India to fast-track investments Abu Dhabi Investment Authority (ADIA), the UAE’s largest sovereign wealth fund, is accelerating its India investment plans after starting operations from the special economic zone in Prime Minister Narendra Modi’s Gujarat home state. “India is one of the world’s fastest growing economies and has been a key focus for our investment activities for a number […] October 8, 2024
