Malaysia's state fund 1MDB said it had been served on Friday with a request for arbitration by Abu Dhabi's International Petroleum Investment Company (IPIC) and Aabar Investments PJS, in relation to its ongoing dispute with IPIC.
1Malaysia Development Berhad (1MDB) appointed Weil Gotshal & Manges to represent it in the dispute and will file a response to the request before the deadline of July 11, it said in a statement.
IPIC has asked a London court to arbitrate in the dispute with 1MDB, in which it is claiming about $6.5 billion.
On Tuesday, IPIC and Aabar said in an announcement to the London Stock Exchange they had submitted a request to the London Court of International Arbitration.
For all the latest GCC news from the UAE and Gulf countries, follow us on Twitter and Linkedin, like us on Facebook and subscribe to our YouTube page, which is updated daily.
Subscribe to Arabian Business' newsletter to receive the latest breaking news and business stories in Dubai,the UAE and the GCC straight to your inbox.