Oil and gas
Offering was priced at AED3.40 per share, roughly 43 percent above the IPO price of AED2.37 per share
The offering will only be open to qualified institutional and other investors in a number of countries, including the UAE
H.H. was briefed on XRG, ADNOC's new investment company targeting global energy transformations
Analysts forecasted that about 2.2 million barrels of crude was added to U.S. stockpiles in the week ended on February 14
Brazil will serve as an advisor in the Charter of Cooperation, without production or price obligations
West Texas Intermediate crude futures also experienced a 0.3 percent rise, reaching $72.03 per barrel
Despite global challenges, the Omani economy has demonstrated resilience in handling various economic shocks
Crude Oil WTI Futures set to expire in March increased by 0.7 percent to $71.17 per barrel
Crude Oil WTI Futures expiring in March were similarly muted at $70.69 a barrel
The company's revenues surged 32 percent to $4.03 billion last year
EBITDA rose by 31 percent to $1.15 billion during this period, propelled by robust performance across all business sectors
