Middle East companies drive record investments into China


Abu Dhabi Investment Authority has been involved in a US$8.3bil deal for Dalian Wanda Group Co’s shopping mall management unit, along with another Abu Dhabi fund, Mubadala Investment Co. — Bloomberg

ABU DHABI: Deep-pocketed Middle Eastern investors are deploying a record amount of capital in China just as other global firms retreat.

Abu Dhabi Investment Authority (Adia) has been involved in a US$8.3bil deal for Dalian Wanda Group Co’s shopping mall management unit, along with another Abu Dhabi fund, Mubadala Investment Co.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Next In Business News

Sentral REIT appoints Tay Hui Ling as CEO
Mega First to acquire 12.5% stake in Stenta Films for RM33.10mil
DXN inks MoU with Apex-Brasil to explore Brazil, eyes US$50mil investments
F&N to focus on innovation, diversification and transformation
Mulpha International invests US$20mil in Hong Kong's Sun Hung Kai bond programme
Ringgit breaches 4.04 level against US dollar after OPR maintained at 2.75%
Capital A’s Teleport to raise US$50mil via perpetual securities
Apex Healthcare to be delisted on Jan 27
Prudential to raise stake in Malaysia life insurer holding firm to 70% for US$377mil
BWYS shareholders approve RM67mil property disposal, RM94.5mil land acquisition

Others Also Read