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Adnoc’s XRG to become majority shareholder of Covestro AG

ABU DHABI/WAM Adnoc International Germany Holding AG (the bidder), a wholly owned indirect subsidiary of XRG PJSC (formerly known as Adnoc International Limited, together with the bidder and other companies of Adnoc Group, “XRG”), on Thursday, after expiry of the additional acceptance period, announced the final results of the voluntary public Takeover Offer to all shareholders of Covestro AG. At ...

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Federal Tax Authority holds second forum to honour its strategic partners

DUBAI/WAM Khalid Ali Al Bustani, Director General of the Federal Tax Authority (FTA), confirmed that 2024 is a distinguished year in the authority’s journey, noting that many development and modernisation projects have been implemented for its services in line with the country’s strategy for digital transformation. The electronic connectivity with its partners has been expanded to enhance the integration of ...

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