 | |
| Company type | Sovereign wealth fund |
|---|---|
| Industry | Institutional investor |
| Founded | 2007 |
| Headquarters | , United Arab Emirates |
Key people |
|
Number of employees | 199 (2011) |
| Parent | Mubadala Investment Company[1] |
| Website | adcouncil.ae/ |
The Abu Dhabi Investment Council (Arabic: مجلس أبوظبي للاستثمار; ADIC or the "Council") is one of the investment arms of the government of Abu Dhabi. It started operations in April 2007, as a spin-off of the Abu Dhabi Investment Authority (ADIA). ADIC is responsible for investing the government's surplus, targeting positive capital returns through diversified asset classes and active investments.[2][3][4] In March 2018, Abu Dhabi Executive Council issued a law reorganising ADIC under the ownership of Mubadala.[5][6]
- ^ Kassem, Mahmoud (21 March 2018). "Abu Dhabi Investment Council to join forces with Mubadala". The National. Retrieved 22 October 2023.
- ^ "History". Adcouncil.ae. Archived from the original on August 27, 2009. Retrieved August 23, 2013.
- ^ Abu Dhabi Investment Council: Private Company Information
- ^ "Al Bahr Towers. How can a unique approach to sun shading reduce energy use?". Arup. Retrieved 22 October 2023.
- ^ "Government of Abu Dhabi - The Official Gazette". Government of Abu Dhabi. 30 April 2018.
- ^ "WAM - UAE President issues law restructuring Abu Dhabi Investment Council". Emirates News Agency - WAM. 21 March 2018.