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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:
XRG-led consortium walks away from USD 18.7 bn play for Santos
The withdrawal ends months of talks over what could have been Australia’s biggest all-cash corporate takeover
ESG’s new real estate arm launches part two of AED 1.6 bn project
Plus: Adnoc integrates AI into petroleum port operations
Al Tamimi hires two new partners and Adnoc L&S tap interim CFO
The new hires come as the firm looks to strengthen its M&A, banking, and cross-border dispute resolution practices
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