Abu Dhabi has been recognized as the leading city globally for sovereign wealth, managing an impressive total of $1.7 trillion in assets. This wealth is primarily held by three major entities: the Abu Dhabi Investment Authority (ADIA), Mubadala Investment Company, and the Abu Dhabi Developmental Holding Company (ADQ). Diego Lopez, the founder and managing director...
India’s IDFC FIRST Bank has announced plans to raise up to 75 billion rupees, equivalent to $877 million, through investments from affiliate firms of Warburg Pincus and the Abu Dhabi Investment Authority (ADIA). The bank will issue convertible shares to these investors, which, upon full conversion, will provide them with a combined 15% stake in...
DIA (Decentralised Information Asset) will participate in Token2049 Dubai, highlighting their support for the upcoming event titled “Somnia — a Fully On-chain World’s Road to Mainnet.” This event is scheduled to take place in Dubai on May 1st. DIA expressed their enthusiasm for the event, stating that they will be present for the week and...
The Abu Dhabi Investment Authority (Adia) has announced its acquisition of a significant minority stake in the French outdoor accommodation firm, the European Camping Group (ECG). This transaction was executed through a wholly owned subsidiary of Adia, although the financial terms of the deal have not been disclosed, as reported by Khaleej Times. As part...
The Abu Dhabi Investment Authority (ADIA) is set to acquire a “significant minority stake” in the French outdoor accommodation company, the European Camping Group (ECG), through one of its wholly owned subsidiaries. This acquisition marks ADIA’s continued investment strategy in European markets. The private equity firm PAI Partners, which currently holds a majority stake in...