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UltraTech closes Rak White Cement acquisition
PLUS: Fitch upgrades Masdar’s rating to AA-
Fertiglobe secures first ever green ammonia tender to supply green ammonia to Germany
The contract will secure 10% of Germany’s annual ammonia needs
THIS MORNING: US lawmakers call for probe into Microsoft’s partnership with G42 + FAB denies plans to acquire a stake in Yes Bank
Plus: More m’naires to flock to the UAE this year
Adnoc sells 40% of Ruwais LNG project + secures supply agreements
The oil giant sold 10% stakes to Shell, TotalEnergies, BP, and Mitsui
Japan and UAE boost energy security ties + President phones new UK PM, Kenyan president
PLUS: UAE + Kenyan president discuss future cooperation
Adnoc to sell 40% of Ruwais LNG project
The oil giant is selling 10% stakes to Shell, TotalEnergies, BP, and Mitsui, sources say
Alpha Dhabi eyes IPOs for its subsidiaries this year
Plus: Emirati passports now have a longer shelf life
Abu Dhabi’s sovereign wealth fund ADQ listed its USD 2.5 bn bonds on ADX
The issuance was 4.4x oversubscribed, receiving over USD 11 bn in orders
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