Abu Dhabi Investment Authority (ADIA) has acquired a 10.9% stake in Hyatt Hotels Corporation.
There is some debate on how much ADIA has in assets but estimates have been between $648 billion to approximately $875 billion. Just last year ADIA became the largest shareholder in Citigroup after acquiring 4.9% which is more than the 4.3% The Kingdom Holding (Prince Alwaleed Bin) own in this american group.
ADIA local nicknamed is "al7oot" which is whale in arabic, funny ha ?!!
There is some debate on how much ADIA has in assets but estimates have been between $648 billion to approximately $875 billion. Just last year ADIA became the largest shareholder in Citigroup after acquiring 4.9% which is more than the 4.3% The Kingdom Holding (Prince Alwaleed Bin) own in this american group.
ADIA local nicknamed is "al7oot" which is whale in arabic, funny ha ?!!