Indonesia’s state wealth fund said it has inked a new agreement that will allow funds from the United Arab Emirates to be placed in a variety of its high-yielding financial instruments.
Indonesia
Indonesia
UAE’s Masdar secures financing for Indonesia’s first floating solar plant
Clean energy major announces financial close on the Cirata floating photovoltaic power plant project
Hamed Ali
Indonesian Government lists $3bn sukuk on Nasdaq Dubai
New listings increase the total value of all sukuk listed by the Government of Indonesia on Nasdaq Dubai to $19.75bn
Caisse de dépôt et placement du Québec
Dubai’s DP World to invest $1.2bn in Indonesia port, logistics park
Long-term agreement has been signed with Indonesian conglomerate Maspion Group to start construction of the projects in Gresik
DP World
DP World signs deals for $1.2bn Indonesia port, logistics park
Two preliminary agreements are signed to create a container port and industrial logistics park in East Java
Abu Dhabi Crown prince
Envoy says UAE, Indonesia eye up to $15bn deals during Crown Prince visit
Husin Bagis, Ambassador of Indonesia to the UAE, describes visit of Sheikh Mohamed as ‘dream come true’
Dr. Bakheet Al Katheeri
UAE’s Mubadala Petroleum inks deal over Indonesian gas assets
Mubadala Petroleum signs agreement for Premier Oil to secure a 20% participating interest in two offshore gas blocks
Background
SoftBank joins record Indonesia-focused growth venture fund
Investors are increasingly looking to Southeast Asia’s largest economy, where internet and mobile penetration is expanding at a rapid clip
Indonesia
Indonesian Government celebrates listing two green Sukuk totalling $2bn on Nasdaq Dubai
Indonesia intends to use the capital raised by the sukuk for a variety of projects with an emphasis on sustainable development
Bali
Emirates says flights unaffected by Bali volcano eruption
Some reports claimed flights from Australia had been cancelled or delayed after volcano erupts on Bali
domestic workers
Indonesia arrests seven over Saudi, wider MENA human trafficking
Alleged traffickers suspected of sending 200 victims to Saudi Arabia to work as domestic workers
Dubai retail sector
Dubai retailer expands footprint in south east Asia
Landmark Group plans to open 40 stores in the next five years across Indonesia
Dubai
Indonesia lists $2bn green sukuk on Nasdaq Dubai
Capital raised by the sukuk is intended for projects including sustainable development initiatives, says Indonesian Government
death penalty
Indonesia protests Saudi execution of domestic worker
Jakarta has filed an official protest with Saudi Arabia after the Gulf kingdom executed an Indonesian domestic worker
Aviation
Indonesian Lion Air plane crashes into sea with 188 passengers, crew
Lion Air jet vanished from radar just 13 minutes after taking off from the Indonesian capital, plunging into the ocean
Etihad Airways
Woman gives birth on Etihad Airways flight to Jakarta
Flight EY474 was diverted to Mumbai airport after the woman went into labour
Euromonitor International
Revealed: which city will be world’s most populous by 2030
Tokyo will lose the crown of being the world’s most populous city to Jakarta by 2030, according to Euromonitor International