Abu Dhabi-based, stated-owned investment firm International Petroleum Investment Company (IPIC) said on April 18 that Malaysia's government fund 1Malaysia Development Berhad (1MDB) defaulted on...
Switzerland’s top prosecutor after months of investigation on January 29 said there are "serious indications" that $4 billion may have been misappropriated from state-owned companies...
The scandal surrounding alleged corruption at Malaysia's state fund 1Malaysia Development Berhad (1MDB) has seemingly reached a point of no return. After US authorities...
Three Malaysian banks, including CIMB Group Holdings, said on July 10 that they are in merger talks, which, if successful, would create the country's...
Malaysia's state-owned project company 1Malaysia Development Bhd (1MDB) and its Abu Dhabi partner Aabar Investments have raised $3 billion through private placements to invest...
The United Arab Emirates (UAE) have finalised two investment deals worth $12.8 billion with Malaysia on March 12 on high-impact projects in Malaysia, while...
Abu Dhabi-based investment company Aabar Investments reportedly plans to make "a significant investment" in Malaysia's new Tun Razak Exchange (TRX) project, the ambitious business...
Glencore, the world’s largest commodities trader, recently announced a flotation valued at $11 billion. Now, Aabar (owned by Abu Dhabi’s International Petroleum Investment Company)...
The largest commodities trader in the world, Glencore, has announced that it values its impending flotation at about $61 billion. Shares will be offered...