ArabianBusiness.com - Middle East Business News
Saturday, 21 November 2009 10:47 UAE time

YOUR DIRECTORY /

| Share |

Adia searching for big name property figure

by This email address is being protected from spam bots, you need Javascript enabled to view it  on Sunday, 20 September 2009
UAE CAPITAL: The Adia role will be based in Abu Dhabi. (Getty Images)
UAE CAPITAL: The Adia role will be based in Abu Dhabi. (Getty Images)

Abu Dhabi Investment Authority (Adia) is reported to be searching for a global head of real estate tax.

The Independent on Sunday reported that the sovereign wealth fund, which has $875bn of assets under management, has drawn up a long list of candidates.

The newspaper, quoting an unnamed source, told the paper Agia did not have the resources to handle the number of deals that were coming through and was looking for a big name property figure in London.

Story continues below ↓
advertisement

The role would be based in Abu Dhabi, the paper said.
Bill Schwab, a former JP Morgan banker, was appointed Adia's global head of property at the start of the year.

| Share |


READERS' COMMENTS

Disclaimer: The views expressed here by our readers are not necessarily shared by ArabianBusiness.com or its employees.

Click here to post a comment


Add your Comment
All posts are sent to the administrator for review and are published only after approval. ArabianBusiness.com reserves the right to remove any comment at any time for any reason. Please keep your responses appropriate and on topic.
Arabian Business would like to point out that only comments relevant to the story will be published. Any containing personal insults or inappropriate language will not be approved.
Name *
Remember me on this computer
Email *
(Your email address will not be published)
City
Country
Subject *
Comment *
Notify me of further comments


Please click post only once - your comment will not be published immediately.


MORE FROM ARABIANBUSINESS.COM

TOP IN MIDDLE EAST BANKING & FINANCE

  1. More UAE bank mergers predicted in 2010 - Ethos
  2. UAE banks' Saad, Algosaibi exposure seen at $2.9bn
  3. Saudi banks' non-performing loans to rise - S&P
  4. Any Gulf bank mergers to focus on Kuwait, UAE - S&P
  5. UAE banks set aside AED4bn for bad loans in Q3

TOP MIDDLE EAST BUSINESS STORIES

  1. UAE nuclear deal seen in next few weeks
  2. UAE will not drop US dollar peg – cenbank chief
  3. Dubai plans start-up help for expat entrepreneurs
  4. Dubai to act tough on employees’ salary defaulters - paper
  5. Westwood leads Race to Dubai at end of second day

ALSO IN MIDDLE EAST BANKING & FINANCE

  1. Dubai replaces head of DIFC
  2. Islamic finance steps up
  3. Tamweel, Amlak merger seen in Q1 2010
  4. Regional private equity industry shake-out and consolidation has already begun
  5. SocGen opens wealth management office Bahrain

LATEST MIDDLE EAST BUSINESS NEWS

  1. Energy: UAE nuclear deal seen in next few weeks
  2. Banking & Finance: Dubai replaces head of DIFC
  3. Politics & Economics: UAE expects to see up to 3% growth in 2010
  4. Sport: Westwood leads Race to Dubai at end of second day
  5. Politics & Economics: UAE will not drop US dollar peg – cenbank chief

SHARE PRICE CHECK

RELATED STORIES

Abu Dhabi Investment Authority
| 55 stories
  1. Abu Dhabi sees biggest easing of Q3 sovereign debt risk
    4 Oct '09 | News
  2. Gulf sovereign wealth funds lose $350bn last year
    29 Sep '09 | News

RELATED LINKS

  1. Abu Dhabi Investment Authority»
Related links open in a new window and are not endorsed by ArabianBusiness.com.

 EMAIL ALERTS

  1. Abu Dhabi Investment Authority

  2. Banking & Finance


Tell us your story

UPCOMING ISSUE


 

READER COMMENTS

  1. Somali pirates free UAE-owned cargo ship 02
    21 Nov ' 09 at 07:58
    In the old days pirate ships were blown out of the water as soon as spotted.Now they have to wait until they attack a ship and then...   More  »
  2. UAE announces Eid and National Day holidays 01
    20 Nov ' 09 at 15:56
    Eid and National Day are two great occassions and very close to each other. It would be a great act for the UAE authorities to extend...   More  »
  3. Where have all the optimists gone? 01
    20 Nov ' 09 at 16:54
    Dubai unfortunate is not more in fashion, the bubble was big , the growing went fast and the down turn even faster.Many of my clients...   More  »

Read all user comments >

Gitex 2009

MORE FROM ARABIANBUSINESS.COM

JOBS

SPECIAL REPORTS

SURVEYS & REPORTS

PROPERTY