UAE Edition 
MENA+ Edition 
Egypt Edition 
Saudi Edition 
AI + Innovation (MENA) 
Logistics (MENA) 
Adnoc raises AED 1.2 bn from oversubscribed Adnoc L&S share sale
The sale was nearly 7x oversubscribed
Adnoc takes additional 3% stake in Adnoc L&S to market
Some 222 mn existing shares are being offered to institutional investors in and out of the UAE
India to become Adnoc’s biggest LNG customer, after latest 15-year agreement
Adnoc will supply up to 1 mn tons per annum (mtpa) of LNG from its Ruwais LNG project
RTA to widen DXB bridge
ALSO- Luxury furniture and interiors brand Al Huzaifa set up a new real estate development arm
XRG-led consortium needs four weeks before entering an implementation agreement for its takeover of Santos
The two firms have also yet to see eye to eye on terms for a binding scheme implementation agreement
China’s Zhenhua on track for double its Adnoc crude supply after Bu Hasa takeover
China’s Zhenhua Oil will double its Adnoc crude offtake to 200k bbl/d by year-end under a new supply agreement
AIQ taps SLB for agentic AI solution + Ant International to help boost Abu Dhabi's fintech scene
Plus: Italy’s G&G sets up shop in Rakez
XRG-led consortium on track to finish due diligence for Santos takeover in two weeks
The consortium said it has so far found nothing that would change its plans to acquire Santos
Something went wrong. Please refresh the page and/or try again.