Abu Dhabi

Abu Dhabi unit CYVN plans to acquire 7% of Nio

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.

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

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

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.

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.

(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.

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.

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 22): The battle over the repayment of 1MDB bonds may be coming to an end.