Al Mazrui backs Petrofac HoldCo as strategic investor
The investment comes after UK-based Petrofac sold its UAE unit to a consortium in June
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The investment comes after UK-based Petrofac sold its UAE unit to a consortium in June
Plus: The UAE is turning Hormuz risk into a market edge
Put together, the two first have an estimated USD 30 mn in annual revenue
Fuel prices are ticking up once again after a dip in July
Plus: The CMA scraps 15 fees after fee framework review
The provisional fair value of the acquired assets stands at AED 694 mn, while that of acquired liabilities is AED…
Regional M&A volumes were down 47% y-o-y in 1H, after dropping 74% in 1Q
Mubadala has now locked in commitments from shareholders representing 80.13% of the company’s outstanding share capital
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