ADNOC completes $2.84 billion offering of shares in its gas unit
United Arab Emirates energy giant Abu Dhabi National Oil Co (ADNOC) said early on Friday it completed a $2.84 billion ...
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UAE’s ADNOC to raise up to $3 billion from gas unit stake sale
DUBAI: United Arab Emirates energy giant Abu Dhabi National Oil Co (ADNOC) said on Thursday it would raise up to ...
Abu Dhabi’s Adnoc Seeks $2.8 Billion in Gas Unit Stake Sale
Abu Dhabi’s state energy company is seeking to raise 10.4 billion dirhams ($2.84 billion) from a secondary offering in its ...
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Landmark offering: Adnoc launches sale offer for 3.1 billion shares in giant gas subsidiary
Offer commenced immediately and is expected to close on 21 February, subject to acceleration of closing at Adnoc’s sole discretion, the Emirati state-owned player revealed ...
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ADNOC to offer approximately 3.1bln shares of ADNOC Gas through a marketed offering
Offering is expected to increase ADNOC Gas’ free float, enhance liquidity, and provide a clear pathway to MSCI and FTSE indexation ...
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UAE’s Premier Marine delivers first locally built cargo barge to ADNOC Logistics & Services
Delivery was ahead of schedule and vessel will strengthen the UAE’s maritime capabilities. Premier barges will provide ...
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ADNOC to offer approximately 3.1 billion shares of ADNOC Gas through marketed offering
Abu Dhabi National Oil Company (ADNOC) PJSC (“ADNOC”), the current majority shareholder of 90% of the ordinary shares in ...
UAE’s Adnoc Drilling Intends to Borrow $1 Billion in Growth Push
Adnoc Drilling Co. plans to tap banks for about $1 billion in financing this year so the unit of the United Arab Emirates’ ...
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ADNOC Drilling to Seek $1 Billion Financing to Fund Growth
ADNOC Drilling plans to borrow $1 billion to refinance existing debt and fund future growth, including potential acquisitions ...
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Khaled praises Adnoc’s efforts to set new benchmarks in sustainable growth
His Highness Sheikh Khaled Bin Mohamed Bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Chairman of the Abu Dhabi Executive ...
Cheyne Capital’s Hedge Fund Bets on UAE as Buffer Against Trump
Cheyne Capital’s hedge fund for Europe, the Middle East and Africa is doubling down on the United Arab Emirates as its favored equity market, saying the nation is best placed to weather turmoil ...