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Abu Dhabi Investment Authority lost $125 billion in 2008

Started by 2004, January 15, 2009, 09:59:08 PM

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2004

January 15, 2009, 09:59:08 PM
Abu Dhabi Investment Authority lost $125 billion in 2008


Beirut - Abu Dhabi Investment Authority may have lost $125 billion last year, pushing the sovereign wealth fund to second place behind Saudi Arabia after the global credit crisis cut asset prices, economists at the Council on Foreign Relations said in a report.

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