IPIC meaning in Business ?

Answer: What is International Petroleum Investment Company mean?

Mubadala Investment Company PJSC (Arabic: شركة مبادلة للاستثمار‎) (Mubadala) is an Emirati state-owned holding company that can be characterized as a sovereign wealth fund. The organization is strongly connected to Mohamed bin Zayed, crown prince of Abu Dhabi.

It was established in 2017 when then-named Mubadala Development Company (now Mamoura Diversified Global Holding) and the International Petroleum Investment Company (IPIC) merged. It is a wholly owned investment vehicle of the government of Abu Dhabi, in the United Arab Emirates. Reportedly, Mubadala Investment was formed after Khadem al-Qubaisi, ex-managing director of IPIC, was arrested over his and the company’s involvement in the 1MDB scandal.

reference

Full Form	Category
Interneuron Pharmaceuticals, Inc.	Business
International Petroleum Investment Company	Business
Interagency Plan Implementation Committee	Community
insight Perspective Ideas Culture	Community
Implicit Parallel Instruction Computing	Computing
Interconnect Port Interface Controller	General
Iowa Pork Industry Center	General
Industrial Property Information Center	Governmental
Internet Privacy Identity Credential	Internet
Intellectual Property Institute of Canada	Regional