International Petroleum Investment Company
|United Arab Emirates – Abu Dhabi||US$ 65.3 Billion|
Transparency Rating: 9
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View Asset Allocation
Firm Investment Style: Portfolio
Entity Structure: PJ Stock Company
Pop Est.: 921,000 – 2013 – Abu Dhabi
Wealth Per Capita Est.: $70,901
The International Petroleum Investment Company (IPIC) is the Abu Dhabi state enterprise which is responsible for all foreign investments in the oil and chemicals sector. It is based in Abu Dhabi, United Arab Emirates.
Strategy & Objectives
The IPIC takes direct stakes in companies and assets in a variety of industries.
The IPIC portfolio includes investments in Austria, Egypt, Pakistan, Spain, South Korea, United Arab Emirates, Germany, Oman, Japan, and Portugal. Investments include downstream hydrocarbon operations, petrochemical plants, pipelines, power utilities and shipping.
Sovereign Wealth Enterprises
1. Aabar Investments PJS
Aabar was initially mandated to develop an oil & gas business with focus on exploration and production. The Abu Dhabi Investment Company (ADIC) and Mubadala Development Company are among the original investors. Aabar Investments PJS was delisted from the Abu Dhabi Securities Exchange. Aabar invests in a variety of industries such as infrastructure, aviation, real estate, automotive, commodities, energy and financial services.
a. Aabar Properties LLC (Real Estate arm of Aabar Investments PJSC)
b. Aabar Luxembourg Sarl (Holds Unicredit SpA)
Major Direct Foreign Investments (Public & Private)
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