MUMBAI / WAM The National Investment and Infrastructure Fund (NIIF), of India signed an investment agreement worth $1 billion with a wholly owned subsidiary of the Abu Dhabi Investment Authority (ADIA). As part of the comprehensive partnership agreement, ADIA will become the first institutional investor in NIIF’s Master Fund and a shareholder in National Investment and Infrastructure Limited, the NIIF’s …

DUBAI / Reuters Dubai Aerospace Enterprise (DAE) intends to tap the Islamic bond market within the next nine months as part of a strategy to diversify the company’s funding, its chief executive said on Monday. The Dubai government-controlled company became one of the world’s largest aircraft lessors in August after acquiring Dublin-based AWAS. DAE Chief Executive Firoz Tarapore said that …

DUBAI / Reuters Abu Dhabi Commercial Bank (ADCB) has raised $315 million in a triple tranche ‘Kangaroo’ bond issuance, the bank said in a statement. Kangaroo bonds are issued by non-Australian issuers in the Australian market and are denominated in Australian dollars. Australia and New Zealand Banking Group Ltd (ANZ) and Nomura International Plc acted as joint lead managers for the …