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Sovereign Wealth Funds Briefing - Categorized | Performance

Abu Dhabi says assets at least double GDP-Moody’s

Posted on 30 December 2009

From Iii.co.uk: ADIA’s (Abu Dhabi Investment Authority) foreign assets alone are considerably greater than the external liabilities of the country, even according to pessimistic estimates.
Abu Dhabi assured Moody’s that its financial assets are worth at least double the value of the Gulf emirate’s gross domestic product, well above the external debt of the United Arab Emirates, the rating agency said on Tuesday…………………………………….Full Article: Source


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