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Mubadala Investment trims GlobalFoundries stake by 4.1% in 3Q 2024
ALSO- Irish-US VC firm Continuous Ventures agreed to support the NextGen FDI initiative
THIS MORNING: Investigations launched into the murder of Israeli rabbi + Adnoc hints at secondary share sale for Adnoc Gas
Plus: UBS sees the UAE’s non-oil GDP growing 4.7% this year
TJX is now a minority shareholder in Brands for Less
BNY expands presence in ADGM
Taqa, Jera, and Al Bawani consortium secure 25-year contracts for 3.6 GW power plants
Plus: Adnoc offshore awards USD 500 mn contract to Abu Dhabi EPC project
Fertiglobe reports first set of earnings since Adnoc acquisition, with the producer set to snap up Adnoc’s stake in Exxon’s Texas hydrogen project
Fertiglobe saw sales dip on the back of power outages in Algeria and natural gas curtailments in Egypt
Adnoc Gas to acquire 60% of Ruwais LNG, to pour USD 15 bn into growth by 2029
The Adnoc subsidiary will deliver the first output from Ruwais in 2028
THIS MORNING: Adnoc’s Covestro takeover gets management nod + CBUAE cuts rates in line with Fed
Plus: Response Plus + Deyaar plan expansions
Adipec day three: More agreements from Adnoc
The oil giant inked more agreements targeting its Al Ruwais site
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