Monday 27 June 2016
 
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Aabar

1MDB served arbitration request by IPIC, Aabar

Malaysia's state fund 1MDB said that it had been served on Friday with a request for arbitration by Abu Dhabi's International Petroleum Investment Company (IPIC) and Aabar Investments, in relation to its ongoing dispute with IPIC.

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Aabar to build 6,000 housing units in Abu Dhabi

Aabar Properties, a subsidiary of International Petroleum Investment Company (Ipic), is constructing 6,000 units across Abu Dhabi, UAE, said a report. Of these, some have been completed, while others are in various stages of const

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Aabar Investments wins $4bn loan deal

Aabar Investments, an Abu Dhabi-based diversified investment company, has signed a €3.6 billion ($4.056 billion) loan facility with a syndicate of global banks. The five-year senior unsecured, non-guaranteed facility serves t

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Aabar closes in on $4.4bn financing

Abu Dhabi state fund Aabar Investments is close to securing a loan worth almost €4 billion ($4.4 billion) to refinance existing debts, three sources aware of the matter told Reuters on Thursday. The loan is due to run for fiv

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Aabar seeks $2.5bn to refinance loan

Abu Dhabi state fund Aabar Investments is seeking to borrow $2.5 billion from banks to refinance a loan coming due in April, sources aware of the matter said on Monday. The state-linked firm is in talks with a small group of banks

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RHB delays $575m rights issue after Aabar cap

RHB Capital, Malaysia's fourth largest bank by assets, has postponed a 2.5 billion ringgit ($575 million) rights issue by almost two months, it said in a stock exchange filing on Wednesday.   The delay comes

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Aabar appoints Al Mehairi as CEO

Aabar Investments, a subsidiary of the International Petroleum Investment Company (IPIC), has appointed Mohamed Hamad Al Mehairi as its chief executive officer with effect from August 24. He replaces Mohamed Badawy Al Husseiny, wh

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Aabar appoints Al Mehairi as CEO

Aabar Investments, a subsidiary of the International Petroleum Investment Company (IPIC), has appointed Mohamed Hamad Al Mehairi as its chief executive officer with effect from August 24. He replaces Mohamed Badawy Al Husseiny, wh

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‘UniCredit bonds not an exit from bank investment’: Aabar

Abu Dhabi fund Aabar Investments said its sale of €2 billion ($2.2 billion) of bonds exchangeable into shares of UniCredit was not an exit from its investment in the Italian bank, but a way to improve its own finances. Aabar

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Aabar to raise $2.2bn via UniCredit exchangeable bonds

Abu Dhabi's Aabar Investments could raise up to 2 billion euros ($2.2 billion) by launching bonds exchangeable into shares of Italian bank UniCredit, to raise funds and help buy back a Daimler exchangeable bond. Aabar, which o

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