Emirates Investment Authority - EIA

AAA

DEFINITION of 'Emirates Investment Authority - EIA'

A state-owned investment fund established in 2007 by the United Arab Emirates government to invest in more than 30 corporations of the Gulf Cooperation Council (GCC). EIA's stated goals as a sovereign wealth fund are to achieve investment returns for the government and to diversify its asset exposure.

INVESTOPEDIA EXPLAINS 'Emirates Investment Authority - EIA'

The GCC is a political, economic, social and regional organization of six Persian Gulf member countries: Bahrain, Qatar, Kuwait, Oman, Saudi Arabia and the United Arab Emirates.


The United Arab Emirates is a wealthy, oil-rich federation that was formed in 1971 by the merger of seven states (Abu Dhabi, Ajman, Fujairah, Ras al-Khaimah, Dubai, Sharjah and Umm al-Quwain.)

RELATED TERMS
  1. Arab League

    A union of Arab-speaking African and Asian countries formed in ...
  2. Oil Field

    A tract of land used for extracting petroleum, or crude oil, ...
  3. Oil Reserves

    An estimate of the amount of crude oil located in a particular ...
  4. Enhanced Oil Recovery - EOR

    Enhanced oil recovery (EOR) is the process of obtaining stranded ...
  5. Organization Of Petroleum Exporting ...

    An organization consisting of the world's major oil-exporting ...
  6. Sovereign Wealth Fund - SWF

    Pools of money derived from a country's reserves, which are set ...
Related Articles
  1. Investing Basics

    Sovereign Wealth Funds - Friend Or Foe?

    With $5.86 trillion in assets as of September 2013, SWFs have a great deal of clout in financial markets. But as the majority of SWFs are located in the Middle East and Asia, whether these largely ...
  2. Mutual Funds & ETFs

    An Introduction To Sovereign Wealth Funds

    Countries use sovereign wealth funds to stabilize their economies, but these investments can lack transparency.
  3. Options & Futures

    Fueling Futures In The Energy Market

    The energy market influences every aspect of our lives, and these four options are its driving force.
  4. Economics

    Analysing Risks On The Upcoming UK General Elections

    Rising UK political risk keeps investors funds on the sideline.
  5. Stock Analysis

    What Would Be Of BreitBurn Energy This Summer?

    This Spring, BreitBurn Energy Partners' banks will take a closer look at its credit facility and redetermine its borrowing base.
  6. Chart Advisor

    It Might Not Be The Time To Buy Into Steel and Iron

    This past week, commodity traders turned their attention toward stocks in the steel and iron sector, but based on the charts it may be too early to take a position.
  7. Economics

    Sectors Hit by Sanctions on North Korea

    We look at the sectors most affected by the US sanctions imposed against North Korea.
  8. Stock Analysis

    A New Economic Threat: State-Sponsored Hacking

    State sponsored hacking attempts are becoming a major cause of concern to the US. Here is a list of US sectors most vulnerable to state-sponsored hacking.
  9. Personal Finance

    Asia's Safest (And Not That Costly) Countries

    Even Asia's safest countries are affordable, at least compared to New York City. The bargain is Malaysia, though tourists should avoid certain regions.
  10. Economics

    Iron Ore Market: Falling Into The Hands Of A Few

    The big iron ore mining companies have embarked on a drive to increase supply, reduce cost, and take market share.

You May Also Like

Hot Definitions
  1. Risk Averse

    A description of an investor who, when faced with two investments with a similar expected return (but different risks), will ...
  2. Fixed-Charge Coverage Ratio

    A ratio that indicates a firm's ability to satisfy fixed financing expenses, such as interest and leases. It is calculated ...
  3. Efficiency Ratio

    Ratios that are typically used to analyze how well a company uses its assets and liabilities internally. Efficiency Ratios ...
  4. Fixed Cost

    A cost that does not change with an increase or decrease in the amount of goods or services produced. Fixed costs are expenses ...
  5. Subsidy

    A benefit given by the government to groups or individuals usually in the form of a cash payment or tax reduction. The subsidy ...
  6. Sunk Cost

    A cost that has already been incurred and thus cannot be recovered. A sunk cost differs from other, future costs that a business ...
Trading Center