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The Abu Dhabi Investment Authority (Arabic: جهاز أبوظبي للاستثمار, ADIA) is a sovereign wealth fund owned by the Emirate of Abu Dhabi in the United Arab Emirates, founded to invest funds on behalf of the Government of Abu Dhabi. It manages the emirate's excess oil reserves and is estimated to manage $1.057 trillion. [2]
ABU DHABI, United Arab Emirates, Jan. 21, 2025 (GLOBE NEWSWIRE) -- NIP Group Inc. (NASDAQ: NIPG) (“NIP Group” or the “Company”), a leading digital entertainment company, today announced that it has entered a multi-year partnership with the Abu Dhabi Investment Office (ADIO) to drive gaming, media and entertainment growth in Abu Dhabi.
The investment strategy the council is to deliver superior long-term risk-adjusted returns while preserving capital. Although the council invests globally, there is a strong focus of investing in Abu Dhabi's economy. Some of its significant past investments have included: [10] [11] [12] National Bank of Abu Dhabi; Abu Dhabi Commercial Bank
Sheikh Ahmed joined the Abu Dhabi Investment Authority in 1994 and worked there as a European equities analyst. [9] He became its managing director and board member in November 1997. [5] [10] His full-brother Hamed bin Zayed replaced him as ADIA managing director in April 2010. [11] He served as Interior Minister of the United Arab Emirates in ...
Abu Dhabi's artificial intelligence firm G42 and Israeli technology investment company Viola Group, which manages $5 billion in assets, on Thursday announced Global Valley, a joint venture to set ...
DUBAI/NEW YORK (Reuters) -OpenAI CEO Sam Altman plans to visit the United Arab Emirates this week to discuss raising funds with Abu Dhabi investment group MGX, two sources with knowledge of the ...
The United Arab Emirates' recent investment in OpenAI reflected its mission to leverage its oil wealth to become a new center for AI innovation. Want to get into the AI industry? Head to Abu Dhabi.
The Abu Dhabi Developmental Holding Company PJSC (Arabic: شركة أبوظبي التنموية القابضة ش.م.ع), branded ADQ since 2020, is a significant sovereign wealth fund based in Abu Dhabi. It was established in 2018 as a comparatively low-profile state-owned entity, acronymized ADDH at the time.