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Infrastructure 
Adnoc L&S acquires 80% of Navig8 for USD 1.04 bn
The remaining 20% will be obtained in 2027
Adnoc awards minority stake in an Abu Dhabi concession to Azerbaijan’s Socar
Plus: More from Masdar, EGA, MBRIF, Bajaj, Lucid, Adani, and DP World
Opec+ extends supply cuts, granting the UAE a higher production quota for 2025
The UAE has been granted a higher production quota of 3.5 mn barrels per day in 2025
Fuel prices slashed for the first time in five months
Plus: Outdoor work will be limited as of 15 June in time for summer
UAE inks economic and trade agreement with South Korea
The two countries inked agreements spanning energy, nuclear power, defense, technology, climate change and cultural exchange
Adnoc Distribution eyes more fast EV chargers in the UAE this year + fuel stations across Egypt, KSA and the UAE
Plus: Health and Prevention Ministry is now offering installment plans in partnership with eight local banks
Make It in the Emirates kicks off with a bang
The forum saw the Emirates Development Bank, Adnoc, and PureHeath make pledges to back the sector
Adnoc mulls bid for Shell’s downstream assets in South Africa
The potential sale could have a price tag of USD 800 mn
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