UAE Prepares ADNOC Distribution IPO
Posted on 11/18/2017
The Abu Dhabi National Oil Company (ADNOC) embarked on plans to sell a minority stake of 10% or more in its fuel distribution unit in an initial public offering on the Abu Dhabi Securities Exchange (ADX) scheduled for December of 2017. ADNOC Distribution is the largest fuel distributor in the United Arab Emirates with 67% […]
- Abu Dhabi
- ADNOC
- ADNOC Distribution
- Emirates Investment Authority
- Energy
- featured
- Middle East
- United Arab Emirates
