Malaysia's 1MDB is nearing the sale of its power assets to a consortium including Qatar's Nebras Power and China General Nuclear Power Holding Corp, people familiar with the matter said on Friday, in a deal that would bring relief to t
Companies must not compromise critical industry assets in their endeavour to reduce costs, said experts at the Adipec Offshore and Marine conference.
Experts also emphasised during Adipec’s inaugural Offs
Sanad Aero Solutions (Sanad), a wholly-owned subsidiary of Mubadala Development Company, has announced that its spare engine and component leasing portfolio has reached $1 billion worth of assets, just five years since its inception.
Azerbaijan's state oil fund's (Sofaz) assets fell by 6.38 per cent to $34.7 billion by October 1 from the start of the year, the fund said, hit by the drop in global oil prices.
Sofaz holds the proceeds
Kuwait's sovereign wealth fund, one of the world's largest, is considering selling assets to cover a state budget deficit caused by low oil prices, the country's Al-Anba newspaper reported on Sunday, quoting unnamed sources.
Saudi Aramco, the world's biggest oil producer, is in talks to acquire a stake in a China National Petroleum Corp refinery as well as retail assets, people familiar with the matter said - a deal that would help it sell more of its output t
Mubadala GE Capital, a joint venture between Abu Dhabi state fund Mubadala and General Electric's finance business, has agreed to sell most of its assets including those held through subsidiaries.
Total assets of the world’s largest 300 pension funds grew more than three per cent last year, compared to around six per cent the previous year, to reach a new high of over $15 trillion, according to Pensions & Investments and Tower
Asian shares struggled to recover on Thursday with volatility remaining high, while emerging economy and commodity-linked currencies softened as investors worried about the global repercussions of slower growth in China.
The value of assets in the Islamic finance sector is expected to increase 80 per cent over the next five years, to hit $3.24 trillion in value by 2020, according to findings for an upcoming report.