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Azerbaijan’s state oil fund invests USD 50 mn in Adnoc’s gas pipeline unit
The investment took place through a Lunate-managed investment fund
Adnoc Drilling is now in Oman and Kuwait
The transaction is expected to close in 1Q 2026
THIS MORNING: Low economic risk this year, Fitch says + Dubai’s first ever tokenized real estate asset was fully funded in the first day
Plus: Private sector eid holiday confirmed
Adnoc Drilling lands USD 1.15 bn offshore rig contract
Both rigs are scheduled to begin operations toward the end of 2Q 2025
THIS MORNING: Taqa eyes acquisitions in the US + Bin Butti joins race for Italian refiner IP
Plus: Has the CBUAE scrapped banks’ minimum balance hike?
THIS MORNING: India restricts gold and silver imports from the UAE + Make It in the Emirates wraps today
Plus: Actis is eyeing data centers in the UAE and Saudi Arabia
More supply chain and logistics agreements from Make it in the Emirates
AD Ports and Burjeel launched a new healthcare logistics JV, while Serh Group inks agreement with Adnoc
A slew of manufacturing and localization agreements from Make it in the Emirates
The Abu Dhabi Investment Office launched an automotive program aiming to establish an end-to-end automotive ecosystem in the emirate
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