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Adnoc Covestro takeover, Bayanat + Yahsat merger makes headlines
Adnoc sees the public takeover offer as a strategic long-term investment
THIS MORNING: Opec+ meets today + Space42 is live on the ADX
Plus: DXB is even more optimistic on passenger travel this year
Bayanat-Yahsat merger gets shareholder approval
The merger is expected to come into effect in 2H 2024
Yahsat will use satellite networks to boost connectivity in remote areas as soon as this year
The company plans to provide voice and messaging services this year
More details on Bayanat-Yahsat merger
Post-merger, Mansoor Al Mansoori will head the company
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