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Abu Dhabi National Oil Company, the current majority shareholder of 84% of ordinary shares in Adnoc Drilling, is set to offer 880 million shares corresponding to 5.5% of issued and outstanding share capital of Adnoc Drilling through a bookbuild offering.
ADNOC Group offloaded 880 million shares at Dhs3.90 apiece, approximately 70 per cent above the IPO price of Dhs2.30.
The third edition of the Make it in the Emirates Forum will unveil new initiatives, incentives, enablers, and financial solutions worth billions of dirhams to promote industrial investments.
The second edition of the Industrialists Career Exhibition (April 21-23) is under way in Abu Dhabi. It aims to provide employment and training opportunities with national companies and institutions to boost the role of Emiratis in the private sector.
The second edition of the Industrialists Career Exhibition has