As one of the wealthiest countries in the world, the activities of Abu Dhabi’s sovereign wealth funds have been watched with a keen interest since their inception - particularly over the last year.
After acquiring International Petroleum Investment Co (IPIC) in January 2017 (MEES, 24 February 2017), Mubadala announced in March this year that it is planning a takeover of Abu Dhabi Investment Council (ADIC) which has assets of around $123bn. (CONTINUED - 1854 WORDS)
