The purchase includes operating assets within various sectors ranging from hospitality, retail, residential, education and infrastructure.
Sarkissian was said to have spoken about the investment attractiveness of Armenia in a number of sectors, as well as about its advantageous position between the Eurasian Economic Union and the Persian Gulf countries.
The new loan, guaranteed by the finance ministry, has a five-year maturity and is being syndicated to international and Gulf banks.
With the addition of Saudi Arabia, and our recent UK presence, we are delighted to have progressed so quickly toward our goal of linking Saudi Arabia, UK and the UAE for our clients.”
According to the U.S. based Sovereign Wealth Fund institute, the 1976-founded ADIA which employs 1,700 people manages approximately 828 billion U.S. dollars