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Abu Dhabi's oil company ADNOC's market debut

Friday, December 15, 2017 - 02:00

Shares of the fuel distribution unit of Abu Dhabi National Oil Co made a strong stock market debut this week, raising $851 million through the sale of a 10 percent stake in its distribution unit. As Nawied Jabarkhyl reports, it’s a listing that’ll be watched closely across the region.

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Shares of the fuel distribution unit of Abu Dhabi National Oil Co made a strong stock market debut this week, raising $851 million through the sale of a 10 percent stake in its distribution unit. As Nawied Jabarkhyl reports, it’s a listing that’ll be watched closely across the region.

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Abu Dhabi's oil company ADNOC's market debut

Friday, December 15, 2017 - 02:00