15 Jun 2016
(MENAFN) Abu Dhabi fund is seeking for USD 6.5bn from Malaysia’s troubled state investment vehicle 1MDB.
Accordingly, the fund proclaimed that it had submitted its request to the London Court of Intl’ Arbitration.
Moreover, Malaysia Development Berhad, defaulted on USD 1.75bn in company bonds after missing an interest payment of USD 50mn.
However, Intl’ Petroleum Investment Co (IPIC) has accused 1MDB of failing to pay back a USD 1bn loan from the Abu Dhabi fund.
20 Jul 2025
CBB approves the transfer of the retail banking operations of HSBC Bank Middle East, Bahrain Branch to BBK
02 Jul 2025
BBK launches the largest-ever Al Hayrat Prizes, offering BD 5 million to over 2,000 winners
12 May 2025
Alsharifi: “Proud of our strategic partnership with the Royal Humanitarian Foundation”
04 May 2025
BBK offers exclusive Mortgage Loans for luxury villas and apartments on Reef Island
30 Apr 2025
BBK discloses its financial results for the first quarter ended 31st March 2025
25 Mar 2025
BBK’s General Assembly Approves 35% Cash Dividend Distribution to Shareholders
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