11 Nov 2010
(MENAFN) Abu Dhabi Investment Authority (ADIA), the sovereign wealth fund, announced that it has signed an agreement worth $2.1 billion to buy a minority stake in Australia’s Port of Brisbane, Reuters reported.
ADIA, through its wholly-owned subsidiary Tawreed Investments, took a 19 percent stake in the port while the remaining three funds of Global Infrastructure Partners, Industry Funds Management (IFM) and QIC Limited hold a 27 percent stake each.
The Authority has assets of $500 billion to $700 billion and holds stakes in London’s Gatwick Airport and a long-term lease on Chicago’s parking meters, among other high profile investments globally.
ADIA’s funds returned 6.5 percent on an annualized basis, over a 20-year period as of December 31, 2009. On the same basis, the fund returned 8 percent over a 30-year period, revealed the fund.
At least 46 percent of ADIA’s portfolio in 2009 was allocated to equities, with a minimum of 35 percent in developed markets and at least 10 percent in emerging markets.
17 Sep 2025
BBK and CrediMax launch exclusive offers for customers in collaboration with The Ritz-Carlton, Bahrain
31 Aug 2025
BBK announces an exceptional 6-month grace period financing campaign for Personal and Car Finance customers
13 Aug 2025
BBK’s BD 5,000,000 Al Hayrat scheme awards BD 680,000 to 390 Al Hayrat winners in August and September
04 Aug 2025
HM the King’s Support for Youth is an Inspirational Model for Their Empowerment Journey
28 Jul 2025
BBK discloses its financial results for the half year ended 30th June 2025
20 Jul 2025
CBB approves the transfer of the retail banking operations of HSBC Bank Middle East, Bahrain Branch to BBK
08 Jul 2025
BBK proudly launches the third edition of “Grow” and welcomes 20 Bahraini graduates
03 Jul 2025
BBK hosts executive leadership session on digital assets in collaboration with Rain
This website uses cookies to ensure you get the best experience and by clicking “I Accept” below, you consent to the use of cookies. Learn more