Overview
Status
Pipeline: Commitment
Timeline
Geospatial footprint
Visualizes the AidData-provided feature geometry for this project.
The project provided a loan for unspecified purposes to the International Petroleum Investment Company (now known as Mubadala Investment Company), which is headquartered at three different office building in Abu Dhabi, UAE. The addresses are Al Mamoura A Building, Abu Dhabi, 45005; Mubadala Tower, Abu Dhabi, 45005; and Al Sila Tower, Al Maryah Island, Floors 16 and 22, Abu Dhabi. More detailed locational information can be found at: https://www.openstreetmap.org/way/118261375, https://www.openstreetmap.org/way/344099483, https://www.openstreetmap.org/way/223575412
Organizations involved in projects and activities supported by financial and in-kind transfers from Chinese government and state-owned entities
Ultimate beneficial owners
Funding agencies
State-owned Commercial Banks
Receiving agencies
State-owned companies
Loan description
Narrative
Project narrative
In July 2009, a syndicate of banks — including the Industrial and Commercial Bank of China (Middle East) Limited (ICBC Middle East) — entered into a $1.4 billion USD loan agreement with International Petroleum Investment Company (IPIC) — the state-owned investment manager for the sovereign wealth fund for the Government of Abu Dhabi — for unspecified purposes. ICBC Middle East contributed $100 million USD to this syndicated loan.
