Abu Dhabi to Take Billions From ADIA for Debt, Fitch Says

  • Sovereign wealth fund assets seen falling by about $27 billion
  • Abu Dhabi government to finance deficit from debt, Adnoc

Abu Dhabi Investment Authority’s assets will probably shrink by billions of dollars by the end of this year as the emirate’s government taps its sovereign-wealth fund to bridge a deficit brought on by low petroleum prices, Fitch Ratings Ltd. said.

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