ABU DHABI / WAM Burjeel Holdings on Monday announced its intention to list 11 percent of its share capital on the main market of the Abu Dhabi Securities Exchange (ADX). The subscription period for the listing will open on Friday September 30 and close on Tuesday October 4. The company intends to list on ADX on Monday October 10. ...

  ABU DHABI / WAM Adnoc Drilling Company announced it has signed a sale and purchase agreement (SPA) to acquire two additional premium offshore jack-up drilling units. The two new rigs have a combined cost of AED514.22 ($140 million) and will join the Adnoc Drilling fleet and commence operations by the end of 2022. The acquisition, which underpins the company’s ...

  ABU DHABI / WAM AD Ports group’s Safeen Feeders and Saif Powertec Limited signed a charter agreement that will see Safeen Feeders purchase and charter out three containerships, to support expansion of the Bangladesh-based entity into the container shipping segment. Under the terms of the agreement, Safeen Feeders will charter an initial three vessels to Saif Powertec at pre-agreed ...