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THIS MORNING: Adnoc already in talks with customers to cut oil volumes next year + Emaar to pay 100% of share capital in dividends this year
Plus: It’s interest rate week in the US
Adnoc’s XRG gets a new board
Adnoc taps new board for XRG: President Sheikh Mohamed bin Zayed Al Nahyan approved the board of directors for the…
More hedge funds set up shop in the UAE
PLUS: We have more info on KFED’s new strategy for SMEs
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
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