Sovereign wealth
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Abu Dhabi seeks $6.5b from Malaysia’s 1MDB
Abu Dhabi’s sovereign wealth fund is seeking $6.5 billion from Malaysia’s troubled state investment vehicle 1MDB, as it moves to settle a debt dispute through international arbitration. The fund, International Petroleum Investment Co, on Tuesday said it had submitted its request to the London Court of International Arbitration.
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Click here to read the full story: Saudi Gazette