ADNOC’s big deals since 2022: $16.3bn Covestro, $13.4bn Nova, $80bn XRG
Editorial
ADNOC has used its balance sheet for deals in Europe, chemicals and retail as well as oil and gas. Here are the numbers.Announced deal…
Verified
Sheikh Mohamed bin Zayed Al Nahyan has been President of the United Arab Emirates and Ruler of Abu Dhabi since May 2022. He was born on 11 March 1961 in Al Ain, the third son of Sheikh Zayed bin Sultan Al Nahyan, and graduated from the Royal Military Academy Sandhurst in April 1979. He became crown prince of Abu Dhabi in November 2004 and chairman of the Abu Dhabi Executive Council in December 2004. He chairs the Supreme Council for Financial and Economic Affairs, which governs Abu Dhabi's financial, investment, economic and petroleum affairs, and chairs ADNOC; he previously headed the Abu Dhabi Investment Authority, Mubadala and Tawazun Economic Council. In June 2018 he approved a three-year AED 50 billion economic stimulus package. In 2020 the UAE signed the Abraham Accords. His honours include the Grand Cross of the Legion of Honour of France (2022). No net worth is stated in the source reviewed.
Editorial
ADNOC has used its balance sheet for deals in Europe, chemicals and retail as well as oil and gas. Here are the numbers.Announced deal…