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ADNOC raises size of its logistics unit IPO on heavy demand

ADNOC L&S expects the final offer price to be announced on May 26, after the book-building process

Abu dhabi commercial bankUnited arab emiratesAbu dhabiAbuz abyKhaled al zaabiAl zaabiBrad watsonPetroleum services companyNational marine dredging companyGroup adnocgroupInternational securitiesLogistics servicesCredit agricoleAdnoc groupAl seer marine supplies equipment companyJpmorgan chase co

ADNOC set to raise $607m from logistics unit IPO

ADNOC is offering 1.11 billion shares, equivalent to 15 per cent of the total issued share capital of ADNOC L&S

United arab emiratesAbu dhabi commercial bankAbu dhabiAbuz abyBrad watsonInternational securitiesNational marine dredging companyAl ansari financial servicesAbu dhabi securities exchange onJpmorgan chase coLogistics servicesFirst abu dhabi bankAl seer marine supplies equipment companyAbu dhabi pension fundPresight ai holdingCredit agricole

Al Seer Marine buys VLCC pair for $110m

Abu Dhabi-based shipping outfit, Al Seer Marine, has bought two VLCCs to add to its growing tanker fleet.

United statesUnited kingdomAbu dhabiAbuz abyUnited arab emiratesInforma markets united kingdomAl seer marine supplies equipment companyInternational holding companyAbu dhabi securities marketVery large gas carriersGuy neivensMiddle eastEquipment companyInforma markets

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