Abu Dhabi's International Petroleum Investment Company (IPIC) reported a net profit of $44.7 million on Wednesday, down from $1.3 billion in the prior-year period, as market volatility and currency exchange risks weighed on profitability.
June 13, 2012 5:48
International Petroleum Investment Co. (IPIC) has repaid $3.75 billion in debt ahead of its 2013 maturity as part of its liquidity management strategy, the Abu Dhabi investment vehicle said on Wednesday.
November 23, 2011 10:20
IPIC roadshows ended this week; May want to use shrinking window for issuance this year; Hope for euro zone crisis could facilitate this; Company's 2020 bonds have been performing well; But may not be willing to pay risk premium on Gulf bonds
October 29, 2011 6:19
A global conference call with fixed income investors is expected to be held on June 14. The investment firm is fully owned by the government of Abu Dhabi.
June 11, 2011 3:52