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Top News In Comc1 Today - Breaking & Trending Today

China's Unipec takes over oil supplies to private refiners facing tax probe -sources

Unipec, the trading arm of Asia's largest refiner Sinopec , has stepped in to supply crude oil to two independent refiners facing an official tax probe, as Beijing moves to help them maintain their operations for now, several sources told Reuters. ....

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Saudi fast-food franchise operator Alamar Foods considers IPO, sources say

Saudi Arabia's Alamar Foods, the regional franchise operator for Domino's Pizza , is considering an initial public offering (IPO) that would allow The Carlyle Group sell some of its stake, three sources familiar with the matter said. ....

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Fertiglobe IPO price range implies equity value of up to $6 bln

Fertiglobe, a joint venture between Abu Dhabi National Oil Co and chemical producer OCI , on Wednesday set the price range for its initial public offering, implying an equity valuation for the company of $5.5 billion to $6 billion. ....

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Saudi's ACWA Power jumps 30% on stock market debut

Shares in Saudi Arabian renewable energy utility ACWA Power International jumped 30% on their market debut on Monday after a $1.2 billion IPO, the kingdom's biggest since Saudi Aramco's massive public offering in 2019. ....

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NEOM JV to secure billions in financing in early 2022, ACWA CEO says

ACWA Power, which debuted on Saudi Arabia's stock market on Monday, expects to finalise in the first quarter of next year billions of dollars in financing for a green hydrogen joint venture at the planned futuristic city NEOM, ACWA's CEO said. ....

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