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THIS MORNING: Pakistani PM arrives in the UAE + MGX to invest in OpenAI’s upcoming funding round?
AND- EU moves to delist UAE from money laundering blacklist
Adnoc Gas’ Rich Gas Development project kicks off
The company plans to take final investment decisions on two further phases.
Mashreq lists USD 500 mn sukuk on Nasdaq Dubai
Plus: EGA inks agreement to enter Ghana’s aluminium market
XRG goes global under five-year plan
XRG’s plan targets 20-25 mtpa in LNG capacity, as well as top-three status in chemicals via Covestro and Borouge
Austria’s OMV exits Ghasha concession
The company sold its 5% stake to Russia’s Lukoil
Azerbaijan’s state oil fund invests USD 50 mn in Adnoc’s gas pipeline unit
The investment took place through a Lunate-managed investment fund
Adnoc Drilling is now in Oman and Kuwait
The transaction is expected to close in 1Q 2026
Drake and Scull brings in new CFO, legal chief
The company has named named Khalid Al Sukhon as group CFO and Ahmed El Bayouk as group general counsel and…
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