Published 1 year ago

Abu Dhabi state gas company to sell 4% of shares in IPO

Summary by Abc News

The Abu Dhabi National Oil Company’s gas processing firm plans to sell 4% of its shares to local investors in the latest initial public offering to be made by a state-run energy company in the Middle East.

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abc News

Abu Dhabi state gas company to sell 4% of shares in IPO

1 year ago·United States

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The Washington Post

Abu Dhabi state gas company to sell 4% of shares in IPO

1 year ago

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Arab News

Abu Dhabi state gas company ADNOC to sell 4 percent of shares in IPO

Fri, 2023-02-17 10:20 DUBAI: The Abu Dhabi National Oil Company’s gas processing firm said Friday it plans to sell 4 percent of its shares to local investors in the latest initial public offering to be made by a state-run energy company in the Middle East, according to AP. The move follows a similar IPO by the Saudi oil giant Aramco in 2019 that raised some $30 billion, and comes months before the UAE is set to host this year’s UN climate tal…

1 year ago·Riyadh, Saudi Arabia

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WPLG

Abu Dhabi state gas company to sell 4% of shares in IPO

The Abu Dhabi National Oil Company's gas processing firm said Friday it plans to sell 4% of its shares to local investors in the latest initial public offering to be made by a state-run energy company in the Middle East.The move follows a similar IPO by the Saudi oil giant Aramco in 2019 that raised some $30 billion, and comes months before the United Arab Emirates is set to host this year's U.N. climate talks.The UAE, which is home to Abu Dhabi…

1 year ago·Miami, United States

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