Agthia Group to acquire 60% stake in Egyptian snacking firm Auf Group
Agthia Group, an Abu Dhabi-based food and beverage company, revealed plans to acquire a stake of 60% in Auf Group, an Egyptian specialized healthy snacks ... Read More
Adani Group’s green energy companies secure $2bn from Abu Dhabi’s IHC
Adani Enterprises said that International Holding Company PJSC (IHC), an Abu Dhabi-based investment company, has finalized an investment of INR 15,400 crores ($2 billion) in ... Read More
Reliance Industries creates UAE subsidiary for oil and petroleum trading
Reliance Industries Limited said that it has established a new fully-owned subsidiary called Reliance International Limited (RINL) in Abu Dhabi, UAE. According to the Indian ... Read More
Reliance Industries, ADNOC to develop chemical project in TA’ZIZ
Reliance Industries Limited has signed an agreement with Abu Dhabi National Oil Company (ADNOC) for developing a chlor-alkali, ethylene dichloride, and polyvinyl chloride (PVC) production ... Read More
Injazat, Lamprell to create digital solutions JV for energy sector
Injazat, a UAE-based IT company, has agreed to form a joint venture (JV) with oil rig construction firm Lamprell for creating and marketing digital solutions ... Read More
JinkoSolar to divest stake in 1.2GW Sweihan Power Station in Abu Dhabi
JinkoSolar has struck a deal to sell its stake in the Sweihan Power Station, a 1.2GW solar power plant in Abu Dhabi, to Jinko HK, ... Read More
ADNOC LNG signs LNG supply deals with Vitol and Total
ADNOC LNG, a subsidiary of ADNOC, and energy trader Vitol have signed a six-year supply agreement for the sale of 1.8 million tons per annum ... Read More
Barakah Nuclear Energy Plant : Unit 1 of 5.6GW nuclear power plant in UAE commissioned
Nawah Energy Company, a joint venture between the Emirates Nuclear Energy Corporation (ENEC) and Korea Electric Power Corporation (KEPCO), has commissioned Unit 1 of the ... Read More
Abu Dhabi’s ADIA to invest $752m in Reliance’s Jio Platforms
Indian conglomerate Reliance Industries announced securing a further investment of INR 56.83 billion ($752 million) for its digital services platform Jio Platforms from a fully-owned ... Read More
Dalma Gas Development Project : Petrofac, Sapura Energy win contracts from ADNOC
Dalma Gas Development Project contracts : The Abu Dhabi National Oil Company (ADNOC) has awarded two construction contracts worth over $1.65 billion for the offshore ... Read More