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Over in Egypt: Dana Gas gets paid and Drake and Scull gets contracted
Plus: GFH channels Asia capital into the UAE logistics sector
Adnoc Drilling officially goes regional
This is the company’s first inorganic expansion outside the UAE
THIS MORNING: Fuel prices slashed for January + Minimum wage hiked for Emiratis
Plus: Major banks begin phasing out OTP texts
Taqa locks in Al Dhafra gas plant
Roughly 85% of the cost is funded by syndicated debt
Taqa locks in Al Dhafra gas plant
Roughly 85% of the cost is funded by syndicated debt
UAE banks export capital
The Abu Dhabi lenders are targeting infrastructure and energy abroad, with FAB backing Nigeria’s Lagos-Calabar highway and ADCB lending to…
Amea Power locks in the funds for solar plant in Côte d’Ivoire
The company aims to kick off operations on the plant by 2027
Masdar plans another Southeast Asia solar plant + Julphar to set up manufacturing facility in Saudi Arabia
The renewables giant already operates Southeast Asia’s largest existing floating solar plant
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