ABU DHABI / WAM Investment in the UAE’s tourism sector is increasingly attracting entrepreneurs, underpinned …
Read More »Adnoc launches XRG: $80b investment powerhouse
ABU DHABI/WAM Following the board’s strategic endorsement, the Abu Dhabi National Oil Company (Adnoc) on Wednesday announced the launch of XRG, a groundbreaking international lower-carbon energy and chemicals investment company, with an enterprise value of over $80 billion. XRG aims to more than double its asset value over the next decade by capitalising on demand for low-carbon energy and chemicals …
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