1y ago
ABU DHABI, Jan 15 (Bernama) -- Prime Minister Datuk Seri Anwar Ibrahim’s working visit to the United Arab Emirates (UAE), his first overseas visit for 2025, has yielded encouraging results, with the Prime Minister and Malaysia gaining the trust of the UAE government and leading companies from the Gulf nation to foster economic cooperation.
1y ago
From Kamarul Ariffin MD Yassin
ABU DHABI, Jan 14 (Bernama) -- Malaysia welcomes companies from the United Arab Emirates (UAE) to invest in Malaysia involving renewable energy (RE) projects, including data centres, said Prime Minister Datuk Seri Anwar Ibrahim.
1y ago
From Kamarul Ariffin Md Yassin
ABU DHABI, Jan 14 (Bernama) -- Prime Minister Datuk Seri Anwar Ibrahim said he believed issues related to Petroliam Nasional Bhd (Petronas) and Petroleum Sarawak Bhd (Petros) regarding gas distribution rights in Sarawak had been resolved through a series of negotiations, including his meeting with Sarawak Premier Tan Sri Abang Johari Tun Openg.
1y ago
KUALA LUMPUR, Jan 14 (Bernama) -- Yinson Holdings Bhd’s indirect wholly owned subsidiary Yinson Production Offshore Holdings Ltd (YPOHL) has secured US$1 billion (RM4.48 billion) investment from a consortium of international investment firms to drive further growth.
1y ago
KUALA LUMPUR, Jan 14 (Bernama) -- The Malaysia-United Arab Emirates (UAE) Comprehensive Economic Partnership Agreement (MY-UAE CEPA) is expected to boost total bilateral trade between the two countries by at least 60 per cent in five years, contributing to a more sustainable economic growth.
1y ago
KUALA LUMPUR, Jan 14 (Bernama) -- Maybank Investment Bank Bhd (Maybank IB) has reiterated its projection of a 4.9 per cent growth for the Malaysian economy in 2025 and an inflation rate of 3.0 per cent for the year.
1y ago
PETALING JAYA, Jan 14 (Bernama) -- The Asian Development Bank (ADB) is likely to maintain its position of not financing a nuclear power generation development project while reviewing its energy policy this year, despite the growing popularity of the alternative power source.
1y ago
KUALA LUMPUR, Jan 14 (Bernama) -- Gamuda Bhd’s share price on Bursa Malaysia was higher at mid-morning after its consortium was appointed as the main contractor to deliver the first civil works package worth over RM8 billion for the Penang Light Rail Transit (LRT) project.
1y ago
ABU DHABI, Jan 13 (Bernama) -- Prime Minister Datuk Seri Anwar Ibrahim said that his meetings with major companies from the United Arab Emirates (UAE) during his three-day working visit to the country will strengthen bilateral relations and boost the trade and investment cooperation that has been established.
1y ago
KUALA LUMPUR, Jan 13 (Bernama) -- The Abu Dhabi Investment Authority (ADIA) will play a crucial role in the transformation and execution of Malaysia Airports Holdings Bhd's (MAHB) privatisation deal, said Investment, Trade and Industry Minister Tengku Datuk Seri Zafrul Abdul Aziz.
1y ago
From Kamarul Ariffin Md Yassin
ABU DHABI, Jan 13 (Bernama) -- Abu Dhabi Investment Authority (ADIA), one of the world's largest wealth funds with assets estimated to exceed US$1 trillion, is committed to continue increasing investments in Malaysia.
1y ago
KUALA LUMPUR, Jan 13 (Bernama) -- Abu Dhabi Investment Authority (ADIA), one of the world's largest wealth funds with assets exceeding US$1 trillion, has expressed a keen interest in investment opportunities in Malaysia, according to Investment, Trade and Industry Minister Tengku Datuk Seri Zafrul Abdul Aziz.