Middle East Economic Survey

VOL. LIV

No 23

6-Jun-2011

uae

Abu Dhabis IPIC Sets Out Plans To Diversify Investments

Abu Dhabis state-owned investment vehicle International Petroleum Investment Company (IPIC) announced on 31 May plans to diversify its investment portfolio into both industry and agriculture as it released figures indicating that its assets under management had reached a total value of Dh213bn ($58bn) through a number of strategic partnerships with international companies. This...