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BlackRock, KKR Near Sale of Adnoc Oil Pipeline Stake to ADQ

(Bloomberg) -- BlackRock Inc. and KKR & Co. are nearing a deal to sell their multibillion-dollar stake in Abu Dhabi National Oil Co.’s oil pipeline network to local sovereign wealth fund ADQ, people with knowledge of the matter said. Most Read from BloombergSingapore Minister Faces Most Serious Graft Probe Since 1986DeSantis Says No Thanks to $377 Million in US Energy FundsFund Titans Are Betting on Everything Gaining Against the DollarNATO Is Papering Over the Cracks After Zelenskiy...
United States Abu Dhabi Abuz Aby United Arab Emirates United Kingdom Zayed Al Nahyan
Source: yahoo.com

ai firm: Abu Dhabi's ADNOC, AI firm G42 plan IPO of technology joint venture AIQ

Shares of artificial intelligence firms have helped lead an equity rally in the U.S. market this year after U.S. firm OpenAI, the owner of ChatGPT, a chatbot that gives strikingly human-like responses to user queries, snagged a multi-billion dollar investment from Microsoft Corp.
Abu Dhabi Youssef Salem Zayed Al Nahyan Mubadala Investment Co Moelis Co Microsoft Corp

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