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Adnoc secures another 15-year LNG supply agreement for Al Ruwais
Adnoc will deliver output from Ruwais in 2028
Enersol finalizes its USD 45 mn acquisition of EV Holdings + Aldar acquires AED 2.3 bn DIFC tower
PLUS: Aldar acquires DIFC tower for AED 2.3 bn
Covestro’s shareholders greenlight Adnoc’s takeover + Fuel prices at their lowest this year in December
Plus: One step closer to a common Arab electricity market
Adnoc sets up low-carbon energy and chemicals investment unit
XRG will aim to double its asset value from the current USD 80 bn over the next decade
THIS MORNING: Amanat Holdings eyes Riyadh IPO for its education unit next year + We have our own lottery
Plus: No word yet on Covestro takeover, which could mean an extension of the acceptance period to 16 December
Mubadala Investment trims GlobalFoundries stake by 4.1% in 3Q 2024
ALSO- Irish-US VC firm Continuous Ventures agreed to support the NextGen FDI initiative
THIS MORNING: Investigations launched into the murder of Israeli rabbi + Adnoc hints at secondary share sale for Adnoc Gas
Plus: UBS sees the UAE’s non-oil GDP growing 4.7% this year
TJX is now a minority shareholder in Brands for Less
BNY expands presence in ADGM
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