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Abu Dhabi
Bonds and treasuries
UAE sells US$1.5 bil in debt in first deal since September
While it does not need to raise money from the bond market, the new deal could be aimed at improving liquidity in the debt curve.
June 26, 2024
Electric vehicles
Abu Dhabi unit plans to acquire 7% of Nio
Abu Dhabi unit CYVN plans to acquire 7% of Nio
June 20, 2023
Oil & Gas
Singapore's GIC part of consortium to buy Abu Dhabi's stake in natural-gas pipelines for $14.08 bil
The investors, including Brookfield Asset Management Inc. and Singapore’s sovereign wealth fund, will buy a 49% holding in a new subsidiary for the pipelines from Abu Dhabi National Oil Co.
June 23, 2020
1MDB Watch
Two alleged 1MDB co-conspirators sentenced to jail in Abu Dhabi – report
KUALA LUMPUR (June 16): Two men linked to the 1Malaysia Development Bhd kleptocracy scandal have been convicted of financial crimes and sentenced to jail in Abu Dhabi, the Wall Street Journal reported today, citing a statement from the emirate's crimi
June 16, 2019
Noble's 'extremely shocking' 4Q guidance meant to pressure shareholders, says Goldilocks amid restructuring debate
SINGAPORE (Feb 27): In response to Noble Group’s market update and 4Q guidance filed last Monday, Abu Dhabi’s Goldilocks Investment Company has issued a statement claiming that the figures outlined were “extremely shocking” – and that the guidan
February 27, 2018
IPO
GIC, Temasek unit said to be among anchor buyers of SBI Life's IPO in India
SINGAPORE (Sept 20): SBI Life Insurance, a joint venture between State Bank of India and BNP Paribas Cardiff, is said to have received strong initial responses to the launch of its initial public offering (IPO) today.
September 20, 2017
Aviation & Engineering
How Gulf carriers are adapting their business in turbulent times
SINGAPORE (Sept 7): After enjoying a decade of unrivalled growth and earnings stability, the Middle East’s “super-connectors” – Emirates, Etihad Airways and Qatar Airways – have hit some serious turbulence this year.
September 07, 2017
1MDB Watch
1MDB gets extension for US$603 mil payment to Abu Dhabi fund
(Aug 8): Embattled state investment company 1Malaysia Development Bhd. received an extension to make a payment of more than US$600 million ($817.2 million) to an Abu Dhabi sovereign wealth fund after missing a deadline last month.
August 08, 2017
Noble confirms Abu Dhabi’s Goldilocks raised stake to 8.19%
SINGAPORE (July 11): Commodity trader Noble Group announced on Monday that Abu Dhabi's Goldilocks Investment Company has raised its stake in the firm, confirming market talk.
July 11, 2017
1MDB Watch
Malaysia to pay Abu Dhabi US$1.2 billion to settle 1MDB's debt
KUALA LUMPUR (April 24): Malaysia reached an agreement to pay Abu Dhabi about US$1.2 billion ($1.7 billion) as settlement over the debt of embattled government fund 1Malaysia Development Bhd.
April 24, 2017