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India’s Jindal + Haldiram earmark AED 1.1 bn for Kezad manufacturing push
Plus: Finvasia Group joins NextGen FDI, plans UAE HQ
Adnoc clears final hurdles for Covestro takeover
Covestro had guided for the transaction to close before 2 December
Adnoc clinches long-awaited EU approval for Covestro takeover
This would be the largest Gulf-led buyout of a European-listed company
Adnoc Gas posts record earnings + Presight, Salik and more post bottom line growth
Adnoc Gas posted record earnings despite a y-o-y drop in Brent crude
Adnoc appoints new group CTIO
Almansoori will drive the company’s AI and tech strategy
A deluge of earnings
Adnoc Logistics saw both its net income and revenues grow in double digits
THIS MORNING: Adnoc’s trading unit plans to boost volumes by two-thirds + Human Resources Ministry tightens regs on business centers, introduces penalties
Plus: Dubai is now the most accommodating destination for the world’s elite, according to Savills
Two UAE firms added and two removed from MSCI indices in latest review
The changes will take effect after market close on 24 November 2025
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