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Adnoc Distribution to acquire Shell South Africa’s downstream business
The transaction would expand Adnoc’s global network by 55% to nearly 1.6k service stations
Mubadala turns its USD 25 bn credit book into an asset-management play
The Abu Dhabi wealth fund is handing management of the portfolio to Mubadala Capital while retaining ownership of the assets
The UAE is still MENA’s safest infrastructure wager, but the war exposed the catch
BMI ranks the UAE as the region’s most attractive infrastructure market, even as it forecasts a 6.8% contraction in construction…
IHC, Adani tie up for USD 11.5 bn aluminum venture in India
The move marks IHC’s largest single wager yet on India's industrial base, and comes on the heels of another major…
Mashreq and Rakbank are the latest names to tap debt markets flooded with demand
Issuers are rushing to make use of an open window, after months of war-era paralysis left a long queue at…
UAE stocks are recovering, but the rally is still trading on peace
Dubai is heading for its best quarter in a year as the war premium fades, but a durable recovery still…
XRG backs Argentina LNG project with upstream snatch
The three blocks are operated by YPF and are expected to form the upstream backbone of the integrated LNG project
Egyptian b’naire Sawiris moves to break OCI take-private deadlock
Sawiris has described this latest push as his final offer
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