Abu Dhabi Investment Authority – Summary

May 07, 2013

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In 1967 the government of Abu Dhabi set up the Financial Investments Board to invest the emirate’s newfound oil wealth, which was more than its small economy could absorb. The government replaced the board with the Abu Dhabi Investment Authority (ADIA) in 1976. In 1981, ADIA was officially charged with the responsibility of investing for future generations and to meet any redemption requests by the government, which are deemed to…

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