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Dubai's inflation may have peaked in June, Emirates NBD says
Transport and food costs pushed June's print to 5.7% — but Emirates NBD sees it falling to 2.9% by year-end
Adnoc reaches FID on USD 6.2 bn Umm Shaif gas cap
The project is expected to start production by 2030
ePointZero acquires Traverse Midstream in USD 2.25 bn transaction
The allcash acquisition includes interests in the Rover Pipeline and Ohio River System, expanding ePointZero’s global energy infrastructure portfolio
Positive Zero raises USD 375 mn to expand distributed energy portfolio
The UAE-based energy transition platform Positive Zero has secured a USD 375 mn long-term financing facility
Financial close reached for Masdar’s 24/7 renewable energy facility
Masdar will contribute USD 1 bn in equity
A couple of energy supply agreements, Dubizzle invests in Takeem, and Bitcoin Suisse secures ADGM approval
Japan’s largest exploration and production company inked a 15-year supply agreement with Adnoc
Abu Dhabi family capital just joined Saudi Aramco and Mitsubishi as a MidOcean Energy shareholder
The move puts UAE family capital in the same LNG platform as two of its biggest regional and global rivals
Adnoc Distribution to acquire Shell South Africa’s downstream business
The transaction would expand Adnoc’s global network by 55% to nearly 1.6k service stations
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