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Sovereign Wealth Funds Briefing - Categorized | Market

The hidden giant: Abu Dhabi’s oil IPIC is emerging stronger than ever

Posted on 26 February 2014

The government of Abu Dhabi created IPIC to leverage the energy expertise embedded in the Abu Dhabi Investment Authority, or ADIA, the largest sovereign wealth fund in the Middle East and Adnoc, with its network of joint ventures with the world’s leading energy supermajors.
Abu dhabi’s International Petroleum Investment Co, or IPIC, one of the Gulf’s leading oil and gas multinational corporations, was founded by the late UAE President Shaikh Zayed bin Sultan Al Nahyan in 1984 to invest in energy upstream/downstream projects worldwide from exploration and production, pipelines refining, trading shipping, crude oil, natural gas………………………………………..Full Article: Source


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