As Aramco hails record IPO, Abu Dhabi’s ADNOC whips up $19 billion

Reuters Dubai – The talk’s all been about Saudi Aramco, and the suspense of its historic drive to whip up international cash. But, more quietly, its Gulf oil peer ADNOC has also been courting foreign funds – and its efforts compare favorably. Like Saudi Arabia, Abu Dhabi’s economy was hit by a dramatic fall in oil prices in mid-2014, triggering[Read More...]

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