Emirates Investment Authority - EIA

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.

BREAKING DOWN '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. Oman Investment Fund

    A state-owned investment fund established in 2006 by the Sultan. ...
  2. Arab Monetary Fund

    A sub-organization of the Arab League that facilitates monetary ...
  3. AED (United Arab Emirates Dirham)

    The currency abbreviation for the United Arab Emirates dirham ...
  4. Gulf Tiger

    A colloquial term for the glittering city and emirate of Dubai ...
  5. Abu Dhabi Investment Council - ...

    A sovereign wealth fund owned by Abu Dhabi, the capital of the ...
  6. Abu Dhabi Investment Authority ...

    A government-owned investment organization that manages the sovereign ...
Related Articles
  1. Economics

    What is the Investment Corporation Of Dubai?

    The Investment Corporation of Dubai – or ICD – is a government-owned organization that manages a sovereign wealth fund for Dubai, United Arab Emirates.
  2. Economics

    The Biggest Oil Producers in the Middle East

    Discover which countries produce the most oil in the Middle East, a region long known for its influence on international petroleum markets.
  3. Investing

    How Petro Economies Are Coping with $40 Oil

    Will petro economies be able to cope with a $40 per barrel oil price?
  4. Investing

    Low Oil Prices Are Forcing Economies to Diversify

    The impact of low oil prices goes beyond the pump. Here's how some countries are diversifying away from oil-based economies.
  5. Economics

    Can Saudi Arabia End its Oil Dependence?

    Will Saudi Arabia stay the course of diversifying its economy even if oil prices recover?
  6. Mutual Funds & ETFs

    3 ETF Strategies for Growth in the Middle East for 2016 (EIS, GULF)

    Learn about the state of the Middle East, the risks that face the region in 2016 and the top three ETFs that should be considered for growth in 2016.
  7. Professionals

    Top 6 Overseas Cities For Finance Careers

    There are finance jobs around the globe, but some cities offer more opportunities than others. Here, in alphabetical order, are the top six.
  8. Investing Basics

    The Saudi Stock Exchange

    This article argues that investment in the Saudi Stock Exchange's petroleum sector is a good move for long-term investors.
  9. Economics

    The World’s Biggest State Owned Oil Companies

    Read about eight of the biggest government-controlled oil producers in the world, and learn more about how they are organized and how much oil they produce.
  10. Investing

    How To Invest In The Saudi Arabia Stock Exchange

    We look at the recent and upcoming developments in the Saudi Stock Exchange and how to invest in that market.
RELATED FAQS
  1. What country has the wealthiest overall population?

    Find out which country has the wealthiest overall population, based on per capita income. Discover how this wealth was created ... Read Answer >>
  2. Which countries are able to produce oil and gas the cheapest?

    Read about the countries with the least expensive access to oil and gas, most of which are unsurprisingly located in the ... Read Answer >>
  3. What typically comprises a money market fund?

    Learn about the basic types of money market funds and discover how they are characterized by the types of investments that ... Read Answer >>
  4. Do mutual funds invest only in stocks?

    Discover which types of mutual funds invest in only equities, or stocks, and which mutual funds also include investments ... Read Answer >>
  5. Can mutual funds only hold stocks?

    Learn about which types of mutual funds consist of only stocks, which may include stocks in addition to other assets and ... Read Answer >>
  6. What is the difference between a global fund and an international fund?

    In the English language, "global" and "international" tend to be used interchangeably - hence the confusion in the investing ... Read Answer >>
Hot Definitions
  1. Return On Invested Capital - ROIC

    A calculation used to assess a company's efficiency at allocating the capital under its control to profitable investments. ...
  2. Law Of Demand

    A microeconomic law that states that, all other factors being equal, as the price of a good or service increases, consumer ...
  3. Cost Of Debt

    The effective rate that a company pays on its current debt. This can be measured in either before- or after-tax returns; ...
  4. Yield Curve

    A line that plots the interest rates, at a set point in time, of bonds having equal credit quality, but differing maturity ...
  5. Stop-Limit Order

    An order placed with a broker that combines the features of stop order with those of a limit order. A stop-limit order will ...
  6. Keynesian Economics

    An economic theory of total spending in the economy and its effects on output and inflation. Keynesian economics was developed ...
Trading Center