ADNOC completes $2.84bn offer of shares in gas subsidiary
Abu Dhabi National Oil Company (ADNOC) has completed its marketed offering of ADNOC Gas shares, raising gross proceeds of around $2.84bn (Dh10.43bn). The offering involved 3.1 billion ordinary shares, ...
Khaleej Times11h
UAE: Adnoc Gas share sale raises $2.84 billion in landmark Mena deal
The marketed offering was priced at Dh3.40 per share, according to the energy giant. Stay up to date with the latest news.
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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A guide to all the tech innovations happening in Abu Dhabi
Forget traditional traffic enforcers – Abu Dhabi Police are stepping up their tech game with four smart robots dedicated to ...
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Port Deal Talks Between Turkey and Abu Dhabi Fall Apart
The Turkish government has been negotiating with a group controlled by Abu Dhabi sovereign wealth fund since 2023.
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ADNOC Gas boosts liquidity with $2.84bn offering on ADX
The offering increased ADNOC Gas’ free float by 80 per cent, enhancing liquidity and providing a clear pathway for MSCI and ...
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ADNOC to Divest 4% Stake in Gas Subsidiary, Aiming for $3 Billion
Dubai Abu Dhabi National Oil Company has announced plans to sell approximately 3.1 billion shares, equating to a 4% stake, in its subsidiary ADNOC Gas. This strategic move is projected to raise up to ...