Abu Dhabi Investment Authority

The Abu Dhabi Investment Authority ( ADIA ) is an investment fund. Its objective is, inter alia, the fact the economy of the United Arab Emirates on the time after the depletion of oil and gas resources (see global peak oil ) prepare. To this end, the Fund is increasingly relying on the services and technology sector.

ADIA is considered the largest sovereign wealth fund in the world. Assets under management was in 2008 to 875 in 2010 to 625 billion U.S. dollars estimated that since its incorporation on February 24, 1977 Promotion invested capital in turn 500-950 billion dollars. Most investments are claims to North America.

Part of the ADIA is the so-called Abu Dhabi Investment Company ( ADIC ), where they, together with the National Bank of Abu Dhabi ( NBAD ), holds almost 98 % of the shares.

The investment company made ​​headlines when she announced on 27 November 2007 that it had purchased shares weakened by the financial crisis from 2007 Citigroup for 7.5 billion U.S. dollars.