THIS MORNING: Trump wraps up regional tour in Abu Dhabi today
Plus: Adnoc seeks EU foreign subsidies approval for Covestro takeover
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Plus: Adnoc seeks EU foreign subsidies approval for Covestro takeover
Plus: Aldar sells property to Hong Kong’s Gaw
The European Commission said the transaction poses no competition concerns
The acquisition is expected to be EPS accretive by 2.8% in 2026 and 4.1% in 2027, before synergies
Plus: You can soon pay Dubai government service fees with crypto
Plus: Emirati and Japanese entities signed MoUs to collaborate on smart mobility and sustainability
Elevate acquired the property from NBK Capital Partners Real Estate Fund
The cash-plus-equity transaction is expected to close by year end
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