International Petroleum Investment Company
Malaysia’s ex-PM, former treasury official charged with misuse of $1.6 billion
Malaysia charged ex-premier Najib Razak and one of his former top treasury officials with six counts of criminal breach of trust, accusing them of...
Abu Dhabi claims Malaysia’s 1MDB defaulted on $1.1-billion-debt
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...
Emirati bonds deemed high value by Morgan Stanley
The UAE featured prominently on Morgan Stanley’s list of top corporate bonds per value. Dubai Electricity and Water Authority's 2015 bond, Abu Dhabi Energy...
Red Bull and Aabar Investments discuss potential partnership
Abu Dhabi’s government-backed investment company, Aabar Investments, is in talks with energy drink giant Red Bull to collaborate on “possible joint activities between Red...
IPIC posted lower 2010 profits
IPIC (The International Petroleum Investment Company) revealed in recently disclosed financial statements that the Abu Dhabi government-backed corporation posted a 65% decrease in profits...
Aabar invests in Glencore flotation
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)...
IPIC deal with Oman
The International Petroleum Investment Company (IPIC) of Abu Dhabi has signed a deal with Oman Oil in which they have agreed to invest in...
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Thailand, Singapore most vulnerable to potential US recession
Southeast Asia could be seriously affected in case the US falls into recession, but some countries would be more badly hit than others, economists...