Abu Dhabi Investment Council (ADIC)

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rjonesx
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What is ‘Abu Dhabi Investment Council – ADIC’

A sovereign wealth fund owned by Abu Dhabi, the capital of the United Arab Emirates (UAE). It is wholly owned and administered by the UAE. The Abu Dhabi Investment Council is funded by revenue from the country’s oil industry, and invests those revenues in a wide range of asset classes, including equities, debt, real estate, infrastructure and private equity.

Its sister fund is the Abu Dhabi Investment Authority (ADIA), which is one of the world’s largest sovereign wealth funds.

Explaining ‘Abu Dhabi Investment Council – ADIC’

The Abu Dhabi Investment Council was established in 2007. While the fund does invest in assets across the globe, the primary focus of the ADIC is to invest in Abu Dhabi’s economy. Domestic assets include banks, investment houses and insurance companies.

Abu Dhabi Investment Council (adic) FAQ

Who owns Abu Dhabi Investment Authority?

Abu Dhabi Investment Authority (ADIA) is a sovereign wealth fund possessed by the Emirate of Abu Dhabi (in the United Arab Emirates) established to contribute assets for the Government of the Emirate of Abu Dhabi. It deals with the Emirate’s overabundance of oil holds, assessed to be as much as $875 billion.

What does Adia stand for?

Abu Dhabi Investment Authority

What is Abu Dhabi surrounded by?

Persian Gulf

What is the minimum salary in Abu Dhabi?

Salaries in Abu Dhabi range from 4,680 AED per month (minimum salary) to 96,400 AED per month.

How much is the lowest salary in Dubai?

Workers in Dubai earns around 21,500 AED per month. Salaries range from 4,810 AED (lowest average) to 99,000 AED (highest average, the actual maximum salary is higher). This is the average monthly salary including housing, transport, and other benefits.

Further Reading

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