Friday 28 August 2015
 
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International Petroleum Investment Company

Abu Dhabi's IPIC net profit plunges 37pc

Abu Dhabi's state-owned International Petroleum Investment Company (IPIC) reported on Wednesday a 37 per cent drop in net attributable profit for 2014 as low oil prices hurt earnings. IPIC, whose board was revamped this year,

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Abu Dhabi IPIC posts $1.7bn profit in 2012

Abu Dhabi's state-owned International Petroleum Investment Company (IPIC) said its 2012 net profit surged on the back of better operating performance at its key units and a recovery in the market value of listed equities. IPIC

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Abu Dhabi IPIC posts $1.7bn profit in 2012

Abu Dhabi's state-owned International Petroleum Investment Company (IPIC) said its 2012 net profit surged on the back of better operating performance at its key units and a recovery in the market value of listed equities. IPIC

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Abu Dhabi IPIC in Ferrostaal stake deal

Abu Dhabi's International Petroleum Investment Company (IPIC) will sell back its 70 per cent stake in plant construction and engineering business Ferrostaal to German truckmaker MAN in a deal that ends a year-long dispute. As per the d

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MAN keen on Abu Dhabi IPIC deal

Trucking giant MAN plans to reach agreement with Abu Dhabi's International Petroleum Investment Company (IPIC) fund over industrial services company Ferrostaal 'as soon as possible', said a report citing its chief executive Georg Pacht

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Abu Dhabi IPIC set for key investor meetings

Abu Dhabi's International Petroleum Investment Company (IPIC) has picked banks to arrange fixed income meetings with investors in London next week. BNP Paribas , Goldman Sachs, Societe Generale and UBS were hired to arrange the fixed i

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Abu Dhabi IPIC sees assets grow 15pc

Abu Dhabi's International Petroleum Investment Company (IPIC), which owns stakes in energy majors OMV and Cepsa, saw its assets rise 15 per cent in 2010, the government fund said in a statement. IPIC, which is fully owned by the govern

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IPIC wins Euroweek Bonds Award

International Petroleum Investment Company (IPIC), the flagship hydrocarbon development company of Abu Dhabi, has been named the 'Best Borrower in the Middle East' - in the Euroweek Bonds Awards Ceremony 2011. IPIC received the awa

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IPIC likely to boost Borealis stake

Abu Dhabi's International Petroleum Investment Company (IPIC) may raise its stake in plastics maker Borealis, the chief executive of Borealis said on Tuesday. 'There is always a possibility of that. They (IPIC) could raise the stak

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IPIC eyes dual-tranche euro bonds

Abu Dhabi's International Petroleum Investment Company (IPIC) plans a dual-tranche five-year and 10-year benchmark bond issue denominated in euros, two market sources said on Tuesday. Benchmark size is usually understood to be at least

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