Tag: UAE

L’Imad moves to take full ownership of Abu Dhabi’s AD Ports
BusinessGlobal News

L’Imad moves to take full ownership of Abu Dhabi’s AD Ports

L’Imad plans to acquire full ownership of AD Ports Group with a $8.6 billion offer as Abu Dhabi expands its control of key logistics assets.

Oluwatosin Alao Oluwatosin Alao
ADNOC
BusinessHot News

ADNOC Distribution expands in Africa with $1 billion Shell South Africa deal

ADNOC Distribution Shell South Africa deal expands its African footprint through a $1 billion acquisition of Shell's fuel business.

Timilehin Adejumobi Timilehin Adejumobi
Shell logo on a fuel nozzle at a retail station.
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Shell in $1 billion talks to sell South African fuel outlets to UAE’s ADNOC

Shell is in talks to sell about 600 South African fuel outlets to UAE's ADNOC in a $1 billion deal, ending a century-long presence.

Omokolade Ajayi Omokolade Ajayi