Adia wealth to grow by $30bn in 2010

01 June 2010

The Institute of International Finance (IIF) has said that assets of the Abu Dhabi Investment Authority (Adia) grew by nearly $50bn (Dhs183bn) in 2009 due to post-crisis recovery of international markets, Emirates Business has reported. Adia's wealth increased to about $360bn at the end of 2009 and is forecast to climb to $390bn at the end of 2010. The assets are projected to continue their ascent to reach an all time high of $430bn at the end of 2011, IIF said.

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