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New zero-commission blockchain ride-hailing app comes to Dubai
The app operates on a zero-commission structure and allows riders to select their cars in an auction-based model
FAB’s net income jumps 56% in 2023 + Adnoc’s Borouge sees annual bottom line dip
The bank posted double-digit growth
Adnoc + Taqa’s subsea energy transmission project kickstarts cable laying process
The USD 3.8 bn subsea energy project is set to commence commercial operations in 2025
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
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