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Abu Dhabi fund IPIC records US$2.6 bil loss due to low oil price

Mimi Sabreena 12:28:00 AM Mukah Pages, TheEdgeMarkets News

DUBAI (June 30): Abu Dhabi state investment fund International Petroleum Investment Co (IPIC) said it suffered a net loss of US$2.6 billion in 2015, reflecting the blow to the wealthy emirate's finances from low oil prices.

The loss ...

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