Bloomberg Asia’s stock listing aspirants will likely face a less generous market following a first-half sales boom, as bubbly valuations and nervousness about US monetary policy make investors more cautious. Firms in Asia have raised $82 billion through initial public offerings so far this year, the most ever for a first half, and beating the previous record of $63 billion ...

ABU DHABI / WAM HH Sheikh Theyab bin Mohamed bin Zayed Al Nahyan, Chairman of Abu Dhabi Crown Prince’s Court and Chairman of Etihad Rail, has inaugurated track-laying works at the Seih Shuaib site, which is the centre point for track-laying running to Abu Dhabi and Dubai. Sheikh Theyab reviewed the latest progress during a 10-kilometre trip aboard an inspection ...

ABU DHABI / WAM Abu Dhabi National Oil Company (Adnoc) on Tuesday announced that Reliance Industries Limited (Reliance), has signed an agreement to join a new world-scale chlor-alkali, ethylene dichloride and polyvinyl chloride (PVC) production facility at Ta’ziz in Ruwais, Abu Dhabi. The agreement capitalises on growing demand for these critical industrial raw materials and leverages the strengths of Adnoc ...