Recently three people familiar to the sales fact has stated that Abu Dhabi’s International Petroleum Investment Co. may sell bonds in euros and pounds following investor meetings. The meetings will be held in cities including London, Amsterdam and Paris on 28th of February.

An energy venture division of the Abu Dhabi administration, International Petroleum Investment Co., hoisted $2.5bn in its introduction contribution of five and 10-year dollar bonds. The group's sale of $1bn in liability outstanding
2015 and $1.5bn of bonds growing during 2020 was oversubscribed by 4.4 times, IPIC expressed in an electronic mail statement.

The Abu Dhabi government’s venture firm, International Petroleum Investment Company (Ipic), has $20.3 billion in long term and short-term liability on its accounts and its complete equity quantity to $14.6 billion, as per the official document.

Abu Dhabi government owned German industrial contractor, Ferrostaal has announced to expand its solar business for increasing its revenue and fulfilling the growing energy needs of the region. The company, 70 per cent-owned by the International Petroleum Investment Company (IPIC), will build solar energy based plants in the country for making optimum use of hugely available solar energy.

Abu Dhabi-based International Petroleum Investment Company (IPIC) is said to have increased its stake holding in Austrian fuels group OMV. The company now owns 51.5% of OMV's registered capital with the Austrian government but the mode of stake hike is yet to be confirmed.