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Adnoc mulls IPO of low-carbon, chemicals arm XRG
The company launched XRG in November as part of a diversification strategy
Fertiglobe, Dewa, and Emsteel’s net income drops in FY 2024
Fertiglobe’s revenues fell 28% y-o-y to record USD 466 mn
Samsung to construct Ta’ziz methanol plant in UAE
The plant will have an annual capacity of 1.8 mn tons
Green tech, nuclear, solar, and mining updates from UAE, KSA, and Egypt
Stories on our radar this week from around the region
TOP STORIES: Green financing news from Egypt and UAE + Updates on Egypt’s solar panel factory
What we’re tracking this week regionally and around the world
Waste-to-energy, investments, debt, decarbonization, and EV updates from UAE, KSA, Bahrain, and Turkey
Stories on our radar this week from around the region
Adnoc launches XRG to invest in low-carbon energy and chemicals
The company aims to double its USD 80 bn value in the next decade
Fertiglobe reports first set of earnings since Adnoc acquisition, with the producer set to snap up Adnoc’s stake in Exxon’s Texas hydrogen project
Fertiglobe incurred USD 19.3 mn in losses
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