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Adebayo Ogunlesi

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UAE: Abu Dhabi Seals $10 Billion Gas Pipeline Deal
June 24th, 2020 - 06:30 GMT

UAE: Abu Dhabi Seals $10 Billion Gas Pipeline Deal

Abu Dhabi, capital of the UAE, has pulled off a large foreign direct investment (FDI) deal with a transaction to sell a stake in its gas pipeline network to an international consortium of investors for $10.1 billion. The deal, between the Abu Dhabi National Oil Corporation (ADNOC) and some of the most prominent global names in infrastructure investment, is the latest in a series of transactions that have seen ADNOC ...
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