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Investment News in United Arab Emirates

ADNOC Aims to Deepen Energy Partnership Opportunities with India
10/15/2018 - His Excellency Dr. Sultan Ahmed Al Jaber, UAE Minister of State and Group CEO of the Abu Dhabi National Oil Company (ADNOC), met, with His Excellency Narendra Modi, Prime Minister of India, at an invi...
UAE's Brooge Petroleum Plans to Float 40 pct in London IPO
9/16/2018 - The United Arab Emirates Brooge Petroleum & Gas Investment Co. plans to float 40 percent of its capital on the London Stock Exchange in October, BPGIC Chief Executive Officer Nicolaas Paardenkooper sa...
ADNOC Aims to Deepen Investment and Partnership with China
7/9/2018 - His Excellency Dr. Sultan Ahmed Al Jaber, UAE Minister of State and Abu Dhabi National Oil Company (ADNOC) Group CEO, held a series of meetings with Chinese oil, gas, refining and petrochemical indust...
New Investment Models Needed to Boost MENA Oil, Gas Competitiveness
6/23/2018 - New investment models will encourage optimal development in the oil and gas sector, Majid Jafar, CEO of Crescent Petroleum told OPEC ministers and industry leaders at the OPEC Seminar in Vienna last J...
ADNOC Announces AED 165B Investment Plan to Become Leading Downstream Player
ADNOC Announces AED 165B Investment Plan to Become Leading Downstream Player 5/13/2018 - The Abu Dhabi National Oil Company (ADNOC) unveiled plans to invest AED 165 billion (US $45 billion) alongside partners, over the next five years, to become a leading global downstream player, enablin...
ADNOC to Unveil New Investment Opportunities at Downstream Investment Forum in May 2018
4/16/2018 - The Abu Dhabi National Oil Company (ADNOC) plans to unveil its detailed downstream strategy, expansion plans of the Ruwais Industrial Complex and introduce new partnership and investment opportunities...
ADNOC Mulls Downstream Opportunities Abroad with Aramco
4/11/2018 - Abu Dhabi National Oil Co (ADNOC) is in talks with several partners, including Saudi Aramco, for possible downstream joint ventures abroad, particularly in Asia, industry sources with knowledge of the...
MENA Region to Invest US$574B in Critical Energy Projects
4/2/2018 - The MENA region has already committed US$345 billion to critical energy projects under execution while an additional $574bn worth of development is planned over the next five years, bringing total com...
Adnoc to Invest $3.1B for Ruwais Refinery Upgrade
Adnoc to Invest $3.1B for Ruwais Refinery Upgrade 2/7/2018 - A US $3.1 billion project to introduce crude processing flexibility, at the Abu Dhabi National Oil Company (ADNOC) owned Ruwais oil refinery, was announced. ...
ADNOC to Expand Partnerships with Chinese Energy, Technology and Chemical Companies
1/31/2018 - His Excellency Dr Sultan Al Jaber, UAE Minister of State and ADNOC Group CEO, has held a series of meetings with government and corporate leaders in Beijing, focused on strengthening the strategic rel...
GCC Needs US $131 Billion In Power Investment Over Next Five Years
1/17/2018 - A new report from Middle East Electricity (MEE), the region’s leading annual international trade event for the power industry, states the GCC requires a combined US $131 billion worth of investment in...
TechnipFMC Opens New Facility to Support Middle East Market
12/11/2017 - TechnipFMC officially opened its fully capable Surface International Facility in ICAD II as part of its continued investment in the UAE to reinforce TechnipFMC’s leading position in delivering local s...
SPC Approves Key Strategic Investments as ADNOC Expands 2030 Strategy
SPC Approves Key Strategic Investments as ADNOC Expands 2030 Strategy 11/27/2017 - The Supreme Petroleum Council (SPC), presided over by His Highness Sheikh Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Deputy Supreme Commander of the UAE Armed Forces and Vice-Chairman ...
ADNOC Strengthens Energy Partnership with Japan
10/8/2017 - The Abu Dhabi National Oil Company (ADNOC) has strengthened its long-standing energy partnership with Japan, through the signing of a tri-partite Memorandum of Cooperation with Japan’s Ministry of Eco...
ADNOC in Discussions for New Offshore Oil Concession
ADNOC in Discussions for New Offshore Oil Concession 8/7/2017 - The Abu Dhabi National Oil Company (ADNOC) is in advanced discussions with more than a dozen potential partners who have expressed a significant interest in the offshore concession, currently operated...
ADNOC Begins Talks with Chinese, Japanese Firms for Partnerships
7/23/2017 - The Abu Dhabi National Oil Company (ADNOC) recently announced the expansion of its strategic partnership model, as well as the more active management of its portfolio of assets. Following the launch o...
Abu Dhabi's State Oil Firm Hires U.S. Investment Bank Moelis
7/18/2017 - Abu Dhabi National Oil Company (Adnoc) has appointed boutique U.S. investment bank Moelis & Co as an adviser as it seeks to attract billions of dollars in investments through joint ventures and prepar...
Adnoc Plans IPO of Retail Unit at $14 Billion Value
7/11/2017 - Abu Dhabi National Oil Co. is planning an initial public offering of its service stations unit and may seek a value of as much as $14 billion, according to people familiar with the matter. ...
ADNOC, OMV Sign MoU for Downstream Businesses Opportunities
5/25/2017 - His Highness Sheikh Mohammed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Deputy Supreme Commander of the UAE Armed Forces, and the Austrian Federal Chancellor H.E. Christian Kern witnessed toda...
First Microfactory Launched in UAE
3/27/2017 - Mubadala Development Company (Mubadala), the Abu Dhabi-based investment and development company, the Dubai Future Foundation and GE Additive are uniting their collective expertise behind the establish...

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