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Adnoc eyes European petrochemical M&A to keep it resilient through decarbonization
The petrochemicals sector is expected to be persist beyond 2050 if decarbonization efforts succeed
FinMin plans AED 5 bn in debt issuances in 1Q
Good morning, everyone, and happy Friday. We hope you’re looking forward to the weekend and unwinding with family and friends…
Adnoc boosts planned decarbonization investments >50% to USD 23 bn
The company aims to contribute AED 178 bn to the UAE economy over the next five years
Adnoc, OMV to resume talks on Borouge-Borealis petrochem merger + US, British troops launch fresh strikes against Houthi targets
The merger, estimated to be worth USD 30 bn, has been in the works since last year
Adnoc retains second most valuable brand title, while e& gets crowned strongest MENA and African brand
Adnoc’s brand value is estimated at USD 15.2 bn, while e&’s is estimated at USD 17 bn
Alpha Dhabi transfers 25% stake in Gordon Technologies to its JV with Adnoc Drilling
This marks the JV’s first strategic investment since its launch this past November
Adnoc acquires 10.1% stake in UK carbon capture company Storegga
This is Adnoc’s first international investment in carbon management
Egypt’s Ora developing USD 10 bn project in Ghantoot + Adnoc signs 15-year LNG agreement with ENN LNG + Block trading on Alpha Dhabi
Sawiris-owned Ora Developers has partnered up with Q Holding for the project
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