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Shareholder to give Arabtec $109m debt facilityDubai-listed contractor Arabtec Holding said on Thursday its shareholder Aabar Investments had agreed to give it a Dh400 million ($108.9 million) debt facility to help weather 'challenging' conditions in the regional construction market. More… |
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1MDB served arbitration request by IPIC, AabarMalaysia'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. More… |
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Aabar to build 6,000 housing units in Abu DhabiAabar 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 More… |
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Aabar Investments wins $4bn loan dealAabar 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 More… |
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Aabar closes in on $4.4bn financingAbu 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 More… |
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Aabar seeks $2.5bn to refinance loanAbu 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 More… |
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RHB delays $575m rights issue after Aabar capRHB 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 More… |
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Aabar appoints Al Mehairi as CEOAabar 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 More… |
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Aabar appoints Al Mehairi as CEOAabar 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 More… |
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‘UniCredit bonds not an exit from bank investment’: AabarAbu 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 More… |
