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Topic: IPIC

Ipic seeks $4bn return for building key oil pipeline

The Abu Dhabi Crude Oil Pipeline allows the transportation of onshore crude from Habshan in Abu Dhabi to a terminal and export facilities in Fujairah. Courtesy Ipic

May 22, 2013

The International Petroleum Investment Company is in talks with the Government to receive US$4 billion in cash for building a strategic oil pipeline bypassing the Strait of Hormuz. Read Article Ipic seeks $4bn return for building key oil pipeline

Petrochemicals sector given lively reception at hotels in Fujairah

The number of hotel rooms in Fujairah is expected to double to 1,600 this year. Above, the Hotel JAL Fujairah Resort and Spa. Randi Sokoloff / The National

May 19, 2013

Fujairah hotels are experiencing an uptick in meetings business boosted by the developing petrochemicals sector. Read Article Petrochemicals sector given lively reception at hotels in Fujairah

Abu Dhabi's Ipic boosts profit by 3,800% to Dh6.4 billion

May 07, 2013

Profits at Abu Dhabi's state-owned International Petroleum Investment Company soared in 2012, the company reported today. Read Article Abu Dhabi's Ipic boosts profit by 3,800% to Dh6.4 billion

Tenders issued for Fujairah gas terminal work

Apr 19, 2013

Abu Dhabi's gas import terminal in Fujairah is moving into the tendering stage. Read Article Tenders issued for Fujairah gas terminal work

 

OMV starts to pump oil in Kurdish area of Iraq

The Austrian energy group OMV's refinery is pictured at dawn in Schwechat.. Heinz-Peter Bader / Reuters

Apr 05, 2013

OMV starts production in Iraqi Kurdistan. Read Article OMV starts to pump oil in Kurdish area of Iraq

 

Libyan oil production lifts OMV

A OMV filling station in Vienna. The company said it would proceed with its goal of shedding €1 billion worth of refining and chemicals assets by next year. Herwig Prammer / Reuters

Feb 22, 2013

OMV, the Austrian oil producer part-owned by Abu Dhabi, posted a 25 percent increase in revenues after reviving Libyan production. Read Article Libyan oil production lifts OMV

 

Energised relations between Turkey and the UAE

Miners work in a coal mine in Zonguldak on the Black Sea. Osman Orsal / Reuters

Jan 14, 2013

A growing economy, a stable investment climate and plenty of opportunities to make money in the energy sector. What is true for the UAE is increasingly true for Turkey. Read Article Energised relations between Turkey and the UAE

 

Stand by to find the top 100 firms in Abu Dhabi

Abu Dhabi, United Arab Emirates, July 31, 2012: A man walks past the National Bank of Abu Dhabi NBAD branch on Al Salam street in Abu Dhabi on July 31, 2012. Christopher Pike / The National

Jan 06, 2013

Private companies and government entities will be ranked according to their market value in a list of the UAE capital's 100 biggest firms. Read Article Stand by to find the top 100 firms in Abu Dhabi

 

UAE project spending to increase next year

Dec 13, 2012

Three in four industry figures believe that project spending in the Middle East will increase next year, with the UAE tipped to invest the most. Read Article UAE project spending to increase next year

 

Offering by Abu Dhabi's Ipic boosts bond sales to record

Nov 30, 2012

What's Up: GCC bond sales jumped to a record this week after International Petroleum Investment seized on low borrowing costs to raise $2.9 billion. Read Article Offering by Abu Dhabi's Ipic boosts bond sales to record

 

Abu Dhabi's Ipic 'aims to raise $2.9bn with bonds'

A filling station attendant walks past pumps at an OMV petrol station in Vienna February 23, 2011. Austrian oil and gas group OMV said it could be heading for a full production shutdown in Libya as it pulled staff out of the turmoil-hit country and its shares tumbled nearly eight percent. REUTERS/Herwig Prammer (AUSTRIA - Tags: ENERGY BUSINESS) OMV, the Austrian energy firm is 20 per cent owned by IPIC *** Local Caption *** HPR06_OMV-_0223_11.JPG

Nov 28, 2012

The International Petroleum Investment Company is preparing to return to the bond markets with plans to raise as much as $2.9 billion. Read Article Abu Dhabi's Ipic 'aims to raise $2.9bn with bonds'

 

Stability in Libya gives OMV a lift

Nov 08, 2012

OMV, the Austrian oil and gas company partly owned by Abu Dhabi, reports a rise in profit as production in Libya and Yemen "back on stream". Read Article Stability in Libya gives OMV a lift

 

Aabar drives a big profit on Daimler

Aabar Investment retains 12.75 per cent of indirect voting rights at Daimler through financial instruments. Gero Breloer / AP Photo

Oct 14, 2012

Aabar Investments, the Abu Dhabi fund, has sold its remaining shares in the German car maker Daimler for more than €1 billion, almost doubling its investment in three years. Read Article Aabar drives a big profit on Daimler

 

More on this topic

Editor's Picks

Football eyes Flushing Meadows

NEW YORK - AUGUST 30: A general view of the Unisphere during day one of the 2010 U.S. Open at the USTA Billie Jean King National Tennis Center on August 30, 2010 in the Flushing neighborhood of the Queens borough of New York City. (Photo by Chris McGrath/Getty Images)

Large stadium for the recently announced New York City Football Club is planned for iconic tennis site. Omar Rahman reports from New York  Football eyes Flushing Meadows

Manchester City links to Manuel Pellegrini intensify after exit from Malaga

on23-mcfc-pellegrini

Chilean leading contender to replace Italian as manager of English Premier League club.  Manchester City links to Manuel Pellegrini intensify after exit from Malaga

Dubai dart tournament promises to be exciting

LONDON, ENGLAND - JANUARY 01: Raymond van Barneveld of The Netherlands arrives for his match against Gary Anderson of England during the quarter finals of the 2011 Ladbrokes.com World Darts Championship at Alexandra Palace on January 1, 2011 in London, England. (Photo by Bryn Lennon/Getty Images) *** Local Caption *** Raymond van Barneveld

In truth, darts is one of few sports where the professionals are more often than not in no better physical shape than the rowdy crowds that cheer them on.  Dubai dart tournament promises to be exciting

Bribery laws go beyond borders

An Afghan street vendor touts prepaid Etisalat phone cards. The UAE company operates in the troubled nation, which has a reputation for corruption along with Ivory Coast and Pakistan. Mauricio Lima / AFP Photo

Companies in the UAE are finding themselves facing a legal minefield caused by the global reach of tough and sometimes conflicting US and UK anti-corruption laws. John Henzell reports.   Bribery laws go beyond borders

Mashallah: what it means, when to say it and why you should

evili_eye_protecter

With Muslim families, you must say "mashallah" with every compliment lest someone think you are jealous and have the evil eye.  Mashallah: what it means, when to say it and why you should

Fast & Furious 6 - start your engines

Vin Diesel in Fast And Furious 6. Courtesy Universal

Vin Diesel, Dwayne 'The Rock' Johnson, Michelle Rodriguez and Gina Carano on the Fast & Furious franchise.  Fast & Furious 6 - start your engines

The collaboration of Shamma Hamdan and Jay Sean in Dubai

Jay Sean and Shamma Hamdan for Saeed Saeed's story on Coke Studios. May 2013 CREDIT: Courtesy Coke Studios

Coke Studio, now in its second season, blends Khaleeji pop with RnB.  The collaboration of Shamma Hamdan and Jay Sean in Dubai

Sound & Vision

Video: Talking Shehhi – a dialect from RAK's mountain tribes

Video: Talking Shehhi – a dialect from RAK's mountain tribes(Video)

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Video: Tracing UAE families through genealogy

Video: tracing UAE families through genealogy(Video)

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In pictures: Swarovski studded tub

The Swarovski Crystal Saracen bath from Catchpole & Rye.(Photos)

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In pictures: Maldives a piece of heaven on earth

Maldives a piece of heaven on earth(Photos)

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In pictures: Sir Bu Nair Island

Sir Bu Nair Island in charge of Sharjah government. One of the UAE’s untouched, natural islands is to be partially developed under new plans by Sharjah to promote eco-tourism.(Photos)

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