Register for our free newsletter

Latest News



Abu Dhabi’s IPIC 2011 net profit slumps to $44.7 million

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

Abu Dhabi’s IPIC repays $3.75B debt due 2013

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
Abu Dhabi’s IPIC could reopen Gulf bond market

Abu Dhabi’s IPIC could reopen Gulf bond market

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

Abu Dhabi’s IPIC plans investor meetings next week

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

MAN unsure of Scania tie-up in 2011-TV

MAN shares up 1.7 pct at top of DAX.

December 17, 2010 4:17

Abu Dhabi’s IPIC plans dual-tranche benchmark bond – lead

Roadshows end in U.S on Tuesday.

November 8, 2010 2:27

Abu Dhabi-owned IPIC plans $2.5 billion loan

Proceeds from the three-year term loan will be used to pay part of a $5 billion loan, reports Reuters.

March 2, 2010 4:29

SEC sues UAE national for insider trading

The US Securities and Exchange Commission (SEC) is suing a UAE national for suspected insider trading on...

July 28, 2009 12:10