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XRG-led consortium on track to finish due diligence for Santos takeover in two weeks
The consortium said it has so far found nothing that would change its plans to acquire Santos
THIS MORNING: Wall Street perks now in demand across UAE funds amid cutthroat competition + Adnoc Distribution plans KSA expansion
Plus: Four UAE landmarks top TripAdvisor's regional attractions list
Adnoc is the sixth most valuable energy brand
Plus: Mashreq takes home ins. product innovation of the year
THIS MORNING: President Mohamed bin Zayed Al Nahyan kicks off Russia visit + Pakistan Mart is coming
Plus: Standard Chartered is bullish on the UAE’s growth
Ades Holding takes over Dubai-based Shelf Drilling for SAR 1.4 bn
The firm will pay a 62% premium to Shelf Drilling’s share price at market close on 4 August
Adnoc Gas signs supply agreement with India’s Hindustan Petroleum Corporation
Adnoc Gas will deliver some 0.5 mn metric tonnes per annum from its Das Island liquefaction facility
THIS MORNING: Opec+ hikes production for September, unwinding production cuts + Dubai, Ras Al Khaimah see 6% y-o-y increase in tourists in 1H
Plus: Amea Power joins Cox’s desalination project in Morocco
THIS MORNING: Adnoc Drilling eyes another acquisition in Kuwait and Oman + Fuel prices are down marginally in August
Plus: Gulf Capital eyes three or four more exits in the next 18 months
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