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THIS MORNING: Adnoc could reportedly slow down its M&A spree amid falling oil prices + Trump-linked BTC miner sets up shop in Dubai
Plus: The UAE is one step closer to joining Depa
Global South Utilities plans 250 MW renewables projects in Madagascar
Plus: New feeder funds + sukuk fund in DIFC
XRG-led consortium kicks off due diligence for Santos takeover
Santos’ board retains the right to engage with better offers starting four weeks into the exclusivity period
Mubadala buys 30% stake in Hong Kong-headquartered pallet pooling company Loscam
Loscam’s net income rose 4% y-o-y to RMB 477 mn in 2024
THIS MORNING: UAE on track to surpass Saudi Arabia in construction contracts for the first time in years
Plus: Dubai regulator reportedly searches offices of Magellan Capital
Zand gets a BBB+ rating from Fitch
Plus: Adio, Adpic to streamline PPP delivery
Adnoc’s USD 19 bn LNG play could put it in the big leagues with Shell and ExxonMobil
The acquisition would position Adnoc closer to Shell and ExxonMobil, analysts say
THIS MORNING: Santos shares jumps 10.9% following Adnoc-led takeover offer + Next Friday is off for Hijri New Year
Plus: Pharo hedge fund eyes Abu Dhabi
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