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.
Abu Dhabi unit plans to acquire 7% of Nio - THE EDGE SINGAPORE

Electric vehicles

Abu Dhabi unit plans to acquire 7% of Nio

Abu Dhabi unit CYVN plans to acquire 7% of Nio

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.

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

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

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.

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.
From Bloomberg

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.

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.

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.
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