10.10.2016 - UAE’s sovereign funds at $1.25 trln
Abu Dhabi Investment Authority (ADIA) ranked the third largest sovereign wealth fund with total assets valued at AED 2.9 trillion (AED 792 billion), according to a report by the Sovereign Wealth Fund Institute (SWFI) in September. Investment Corporation of Dubai (ICD) ranked second with total assets of AED 719 billion ($196 billion), accounting for 17% of the UAE’s four sovereign funds with assets amounting to $ 1.25 trillion. Total assets of Abu Dhabi Investment Council (ADIC) reached AED 403.7 billion ($110 billion), while the assets of International Petroleum Investment Company (IPIC) stood at AED 243 billion ($66.3 billion)...........................................Full Article: Source
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