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1MDB settles full payment to IPIC

1MDB settles full payment to IPIC

1MDB says the payment is due to IPIC by 31 December 2017.
Wed Dec 27 2017
1MDB makes payment to IPIC

1MDB makes payment to IPIC

1MDB has issued a statement to say that they have made the necessary payment to International Petroleum Investment Company PJSC (IPIC).
Fri Aug 11 2017
IPIC to 1MDB: You have 5 days

IPIC to 1MDB: You have 5 days

Failure to do so would mean that both MOF Inc. and 1MDB would be subjected to additional obligations to both IPIC and to Aabar Investments PJS.
Tue Aug 01 2017
Bilateral tie a factor in 1MDB-IPIC settlement

Bilateral tie a factor in 1MDB-IPIC settlement

The arbitration settlement between 1Malaysia Development Bhd (1MDB) and International Petroleum Investment Company (IPIC) was made to preserve the relationship between Putrajaya and Abu Dhabi.
Wed Apr 26 2017
1MDB and IPIC agree on arbitration settlement

1MDB and IPIC agree on arbitration settlement

1Malaysia Development Berhad (1MDB) and International Petroleum Investment Company (IPIC) have agreed on a settlement of the arbitration proceedings at the London Court of International Arbitration.
Mon Apr 24 2017
1MDB continues to meet debt obligations

1MDB continues to meet debt obligations

1MDB on June 29, 2016, paid the RM1.579 million interest coupon on the RM2.4 billion Bandar Malaysia sukuk due 2024.
Tue Jul 05 2016
RTM not interested to broadcast 1MDB debate 'live' - Salleh

RTM not interested to broadcast 1MDB debate 'live' - Salleh

He said debates on 1MDB were no longer relevant because the Public Accounts Committee and Auditor-General had concluded their probes.
Tue May 17 2016
1MDB denied transfer of funds - Arul Kanda

1MDB denied transfer of funds - Arul Kanda

1MDB president Arul Kanda Kandasamy today denied allegations that the company had transferred funds to any third party, other than the intended beneficiary.
Mon Jun 08 2015
US$1 billion payment from IPIC is not a loan or bail out, says 1MDB

US$1 billion payment from IPIC is not a loan or bail out, says 1MDB

1MDB said the US$1 billion payment from IPIC is is a business transaction, not a loan or bail out.
Sun May 31 2015
IPIC to inject USD1 billion to repay 1MDB's debt

IPIC to inject USD1 billion to repay 1MDB's debt

International Petroleum Investment Company (-IPIC-) and its subsidiary Aabar Investments (-Aabar-) will inject RM1 billion to repay 1Malaysia Development Berhad's debt.
Fri May 29 2015
Who is Prabowo Subianto, incoming president of Indonesia?

Who is Prabowo Subianto, incoming president of Indonesia?

A wealthy ex-general with ties to Indonesia's popular outgoing president and its dictatorial past, looks set to be its next leader.
Sat Oct 19 2024
Iran's supreme leader says Hamas leader's death will not halt 'Axis of Resistance'

Iran's supreme leader says Hamas leader's death will not halt 'Axis of Resistance'

The "Axis of Resistance", built up with years of Iranian support, includes Hamas, the Lebanese Hezbollah group, the Houthi movement in Yemen, and various Shi'ite groups in Iraq and Syria.
Sat Oct 19 2024
Putin says Russia willing to seek compromises between Iran and Israel

Putin says Russia willing to seek compromises between Iran and Israel

Russia is ready to help seek compromises between arch-foes Israel and Iran, President Vladimir Putin said on Friday, saying these would be difficult but possible.
Sat Oct 19 2024
What proposals will Russia push at the BRICS summit?

What proposals will Russia push at the BRICS summit?

The proposal is also to establish a BRICS reinsurance company to allow uninterrupted shipment of goods and key commodities between members.
Sat Oct 19 2024
Indonesia's free meals plan in the spotlight as Prabowo readies for office

Indonesia's free meals plan in the spotlight as Prabowo readies for office

Prabowo calls the programme one of the main drivers of economic growth, eventually set to add an estimated 2.5 million jobs.
Sat Oct 19 2024
Astro AWANI's revamped English news website, AWANI International, launches on Oct 21

Astro AWANI's revamped English news website, AWANI International, launches on Oct 21

Astro AWANI's revamped English platform delivers in-depth global news and expert analysis to keep you informed on key developments.
Sat Oct 19 2024
Israeli strikes kill 33 people in Jabalia refugee camp in Gaza, medics say

Israeli strikes kill 33 people in Jabalia refugee camp in Gaza, medics say

Residents of Jabalia said Israeli tanks had reached the heart of the camp after pushing through suburbs and residential districts.
Sat Oct 19 2024
Liam Payne's ex-partner calls for media restraint after 'painful' death

Liam Payne's ex-partner calls for media restraint after 'painful' death

Cheryl Tweedy used her statement to urge the media to remember they had a seven-year-old son, Bear, who could read the reports.
Sat Oct 19 2024
Analysts: Indonesia's strong MoF leadership team to boost investor confidence

Analysts: Indonesia's strong MoF leadership team to boost investor confidence

Sri Mulyani Indrawati as head of Indonesia's Ministry of Finance is expected to instil confidence among investors.
Sat Oct 19 2024
Biden offers both a carrot and a stick to Israel as his term nears an end

Biden offers both a carrot and a stick to Israel as his term nears an end

Israel has frequently resisted US advice and has caused political difficulties for the Biden administration.
Sat Oct 19 2024