Friday 22 November 2024
 
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1MDB

Mubadala eyes remaining 50pc stake in Viceroy Group

Abu-Dhabi based investment and development company Mubadala is hoping to finalize a deal to buy the remaining 50 per cent of the Viceroy Hotel Group "within a matter a days". The UAE firm is in talks with the US Departme

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Mubadala eyes remaining 50pc stake in Viceroy Group

Abu-Dhabi based investment and development company Mubadala is hoping to finalize a deal to buy the remaining 50 per cent of the Viceroy Hotel Group "within a matter a days". The UAE firm is in talks with the US Departme

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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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IPIC terminates deal with Malaysia's 1MDB

International Petroleum Investment Company (IPIC) said on Monday a June agreement to provide financial support to Malaysia's 1MDB had been terminated after the troubled sovereign vehicle failed to meet obligations to the Abu Dhabi fund.

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IPIC terminates deal with Malaysia's 1MDB

International Petroleum Investment Company (IPIC) said on Monday a June agreement to provide financial support to Malaysia's 1MDB had been terminated after the troubled sovereign vehicle failed to meet obligations to the Abu Dhabi fund.

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Mystery deepens over 1MDB's $3.5bn sent to BVI entity

The mystery over who controlled a British Virgin Islands-registered company that received $3.5 billion from Malaysia’s scandal-tainted state fund 1MDB deepened on Monday when a company in the Middle East with an almost identical name sai

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1MDB to become shell company after rationalisation

Malaysia's debt-ridden state fund 1Malaysia Developmnent Berhad (1MDB) will become a shell company once its rationalisation plan is fully implemented, according to its president Arul Kanda, state-run news agency Bernama reported.

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1MDB to become shell company after rationalisation

Malaysia's debt-ridden state fund 1Malaysia Developmnent Berhad (1MDB) will become a shell company once its rationalisation plan is fully implemented, according to its president Arul Kanda, state-run news agency Bernama reported.

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Top banks in US govt cross-hairs over dealings with 1MDB

US Department of Justice officials have asked Deutsche Bank and JPMorgan Chase & Co to provide details on their dealings with 1MDB, as global investigations into the troubled Malaysian state fund widen.   US

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1MDB nears sale of power assets to China/Qatar consortium

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

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