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United Arab Bank could sell USD 800 mn in non-performing loans
PLUS- Luxury and ultra-luxury home transactions are up in Dubai
Adnoc L&S to build, own, and operate T’aziz’s chemicals export port at Al Ruwais
Plus: Bybit secures first full virtual assets license from the SCA
Adnoc units to distribute AED 158 bn in dividends by the end of the decade + Adnoc Gas lands AED 147 bn Ruwais LNG feedstock agreement
AND- Adnoc and Austria’s OMV secured financing from international lenders for the planned merger of Borealis and Borouge
THIS MORNING: Adnoc submits concessions to secure Covestro acquisition + Adia locks in shares in LG India’s IPO
Plus: DAE sounds out banks for sukuk
KKR buys into Adnoc’s gas pipeline network
Adnoc Gas Pipeline Assets operates 38 pipelines and two export terminals in the UAE
XRG finalizes acquisition of stake in Rio Grande’s LNG facility
First announced in May last year, the agreement was finalized through an investment vehicle of Global Infrastructure Partners
THIS MORNING: EGA taps banks for IPO + Mubadala weighs exit from Turkish delivery startup Getir
Plus: UAE targets 2 mn SMEs, 10 unicorns by 2031:
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