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Abu Dhabi Investment Authority

Anwar vows Malaysia airports operator management ‘will be Malaysians’

by Walter Watson
Anwar vows Malaysia airports operator management ‘will be Malaysians’

The management and ownership of Malaysia’s airports operator will remain in Malaysian hands following a plan to take it private, Prime Minister Anwar Ibrahim said on Tuesday, amid protests against …

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Hong Kong’s New World Development touts US$4.5 billion in new loans, repayments

by Anas Siddiqui
Hong Kong’s New World Development touts US.5 billion in new loans, repayments

New World Development (NWD), the conglomerate owned by one of Hong Kong’s wealthiest families, said it has completed around HK$35 billion (US$4.5 billion) in “low-interest and long-tenure” loans and debt …

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Wang Jianlin’s Wanda unit gets a US$8.4 billion capital injection from PAG-led consortium

by Ron Morgan
Wang Jianlin’s Wanda unit gets a US.4 billion capital injection from PAG-led consortium

A consortium of investors agreed to inject capital into a unit owned by the Chinese property magnate Wang Jianlin, offering some relief to a cash-starved developer who has had to …

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OpenAI in talks to raise new funding at US$100-billion valuation, making the ChatGPT creator one of the world’s most valuable start-ups

by Walter Watson
OpenAI in talks to raise new funding at US0-billion valuation, making the ChatGPT creator one of the world’s most valuable start-ups

Microsoft Corp-backed OpenAI is in early discussions to raise a fresh round of funding at a valuation at or above US$100 billion, people with knowledge of the matter said, a …

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