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MIDDLE EAST & AFRICA |
| BMB Group |
| Duet Group |
| Ipic |
| Jadwa |
| Gulf Merger |
| Middle East & Africa |
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Abu Dhabi’s International Petroleum Investment Company has ballooned this year, having spotted opportunities amid the global crash. Ipic was created in 1984 to help secure Abu Dhabi’s oil markets. Its chairman is Sheikh Mansour Al Nahyan, the brother of Abu Dhabi’s crown prince. Its investment in Barclays last year was outside its mandate, and Ipic sold down half its investment for a profit in June.
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