Abu Dhabi In Nearly $7 Bln Oil Investment In Malaysia
Abu Dhabi on Tuesday signed an agreement worth an estimated 21 billion ringgit ($6.75 billion) for a petroleum storage facility in Malaysia’s…
March 12, 2013 4:46Register for our free newsletter
Nokia charging back with full force
Saudi government websites targeted
Abu Dhabi on Tuesday signed an agreement worth an estimated 21 billion ringgit ($6.75 billion) for a petroleum storage facility in Malaysia’s…
March 12, 2013 4:46Malaysian builder WCT Bhd said on Thursday it had won a 1 billion ringgit ($320 million) contract to build a 44.75km expressway in Oman.
August 16, 2012 4:01National Bank of Abu Dhabi , the largest lender by market capitalization in the United Arab Emirates, has opened its first branch in Malaysia, expanding the bank's global operations to 14 countries.
July 4, 2012 6:05Qatar to set up Hotel Company to make Harrods brand global; Will build hotels in Kuala Lumpur, New York, Paris, China; About $634 mln to be spent on Kuala Lumpur development
July 3, 2012 5:26The investors will be part of over 10 cornerstones IHH plans to finalise by next week who will take up more than 40 percent of the $2 billion offering, sources with direct knowledge of the deal told Reuters.
June 6, 2012 12:01Malaysian state oil firm Petronas will halt all imports of Iranian crude from April, two months before a US embargo takes effect, joining a growing list of buyers bowing to Western pressure to isolate Iran.
March 24, 2012 3:30Over nearly two decades, Malaysia's second-richest man Ananda Krishnan has quietly initiated a number of deals that have left observers perplexed but earned him a reputation of being an impeccable timer of markets.
March 7, 2012 2:59Malaysia's second-richest man Ananda Krishnan plans to sell satellite operator MEASAT Global Bhd, Singapore's Straits Times newspaper reported, soon after initiating the sale of $3 billion worth of power assets that signal a move to cast off risky operations.
February 29, 2012 1:15Saudi water and power project developer Acwa Power is "very keen" to buy the power assets being sold by Malaysian tycoon Ananda Krishnan, the company's chief financial officer said on Monday.
February 28, 2012 2:46Malaysian tycoon Ananda Krishnan's sale of over $3 billion worth of power assets has attracted 12 initial bids with a final round of bidding expected by the end of March, the Star newspaper reported on Saturday, citing unidentified sources.
February 25, 2012 12:08Malaysian tycoon Ananda Krishnan has put his entire power portfolio in Malaysia, South Asia, the Middle East and Egypt up for sale in a deal that could raise more than $2 billion, three sources familiar with the matter told Reuters on Wednesday.
February 22, 2012 1:05An Abu Dhabi sovereign wealth fund is exploring the sale of its $1.3 billion stake in Malaysian lender RHB Capital Bhd six months after buying the shares, sources familiar with the matter told Reuters, and has engaged in early talks with Japan's Sumitomo Mitsui Banking Corp (SMBC).
February 14, 2012 2:21Malaysia deported a Saudi Arabian blogger on Sunday, police said, despite fears voiced by human rights groups that he could face execution in his home country over Twitter comments he made that were deemed insulting to the Prophet Mohammad.
February 12, 2012 2:53The investment banking arm of Malayan Banking Bhd and Bahrain's Gulf International Bank have arranged an 8.5 billion Saudi riyal($2.27 billion) Islamic financing facility for Saudi Binladin Group Limited, the Malaysian bank said on Thursday.
December 15, 2011 3:25Malaysia's Prime Minister Najib Razak said in a joint press conference with the Qatar Prime Minister on Monday that both countries will each put $1 billion in a fund to look for investments.
December 5, 2011 10:01