Aabar Investments
Aabar Investments PJS is an investment company headquartered in Abu Dhabi with investments around the world. It invests in various sectors including automotive, financial services, aviation, energy, manufacturing & technology and real estate, with many of its investments being made by way of international partnerships and alliances. Its largest stakeholder is the International Petroleum Investment Company, which is wholly owned by the Government of the Emirate of Abu Dhabi.
Aabar started life as a small energy company in 2005, but was transformed after it sold its core assets in early 2008. It has since been taken over by IPIC, a wholly government-owned entity that is chaired by Sheikh Mansour bin Zayed al-Nahyan, a key member of Abu Dhabi’s ruling family and owner of Manchester City.
Aabar is widely seen as a vehicle for Sheikh Mansour to diversify the emirate’s investments. IPIC was used as the vehicle to acquire a $3.5bn investment in Barclays.