ADNOC
Manufacturing
ADNOC to acquire German chemicals company Covestro for $16 bn
Abu Dhabi's ADNOC has struck a deal to buy German chemicals maker Covestro for 14.7 billion euros ($16.3 billion), including debt, ......
Manufacturing
Abu Dhabi's ADNOC to buy minority stake in ExxonMobil's Texas project
Abu Dhabi National Oil Company (ADNOC) will acquire a 35% equity stake in ExxonMobil Corp's proposed low-carbon hydrogen project in ......
Manufacturing
ADNOC finalising due diligence for Covestro takeover
Abu Dhabi National Oil Company (ADNOC) is finalising due diligence for a takeover of Covestro in a deal that could ......
Infrastructure
UAE's Masdar plans more European bets after $887 mn Spanish solar deal
United Arab Emirates' renewable energy company Masdar is seeking more opportunities in Europe's green energy sector and will consider both ......
General
Middle East firms eye Europe but some deals face headwinds
As Abu Dhabi's ADNOC sets its sights on an 11.7 billion euro ($12.74 billion) takeover of German chemical maker Covestro ......
Infrastructure
Alpha Dhabi Holding to sell stake in oilfield services firm to JV with ADNOC Drilling
Alpha Dhabi Holding, a unit of Abu Dhabi’s International Holding Company (IHC), will transfer its controlling stake in an oilfield ......
Infrastructure
ADNOC gets access to German firm Covestro's books after $12.5-bn takeover offer
German chemicals firm Covestro is giving ADNOC access to its books and stepping up talks based on an improved 11.7 ......
Infrastructure
ADNOC picks up minority stake in NextDecade's Rio Grande LNG unit
Abu Dhabi National Oil Company (ADNOC) on Monday said it has acquired an 11.7% stake in phase 1 of NextDecade's Rio ......
Manufacturing
ADNOC scraps talks to buy stake in Brazil's Braskem
Abu Dhabi National Oil Company (ADNOC) has terminated talks to buy a controlling stake in Braskem, the Brazilian petrochemical producer ......
TMT
Abu Dhabi AI company Presight takes majority stake in tech venture AIQ
Artificial intelligence company Presight AI Holding has acquired a majority stake in AIQ, a technology joint venture between Abu Dhabi ......