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GulfNav closes AED 613 mn sukuk to refinance Brooge’s debt
Part of the proceeds will go toward expanding storage capacity at the Port of Fujairah
GulfNav finally seals AED 3.2 bn acquisition of Brooge’s assets
The acquisition puts GulfNav on course for a projected paid-up capital of about AED 3.5 bn
Adipec day three: Movement on petrochems, oil and gas, and SAF projects in the UAE
Ta’ziz, Brooge, Mubadala Energy, and others advance key projects
GulfNav will soon be the new owner of Nasdaq-listed Brooge Energy
The transaction is expected to tick off regulatory approvals before the end of 3Q.
GulfNav’s shareholders approve AED 3.3 bn acquisition of Brooge Energy assets
The transaction will be settled through a mix of cash, new shares and mandatory convertible bonds
THIS MORNING: Aldar eyes USD 1.5 bn NDCs + GulfNav nears completion of Brooge acquisition, planned for 1Q 2025
Plus: Seven crypto firms flagged for unauthorized operations
GulfNav’s board greenlights terms for Brooge takeover
GulfNav has called for a general assembly for final approval
GulfNav to complete Brooge acquisition in eight weeks
GulfNav will issue mandatory convertible bonds and new shares,
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