Browsing: chemicals

Abu Dhabi National Oil Company (ADNOC) is anticipated to submit a formal offer to purchase Covestro for about $15.9B (€14.4B), including debt, according to a report by the Financial Times on Wednesday.

The UAE and Colombia are poised to accelerate trade and investment across key sectors, including food, IT, fertilisers, and precious metals, following the signing of a Comprehensive Economic Partnership Agreement (Cepa). Additionally, Emirates launched a new flight to Bogota, aiming to tap into opportunities in Latin American markets as the Gulf country diversifies its economy away from oil.

Trade through the corridor connecting India with the Mena region and Turkey (Menat) is projected to increase by 50 per cent to $190B by 2030, driven by new investment opportunities, according to a report.

Aramco has dedicated an additional $4B to its global venture capital arm, Aramco Ventures, more than doubling its total investment allocation from $3B to $7B.

Reliance Industries Limited (RIL) of India and Abu Dhabi Chemicals Derivatives Company RSC Ltd (TA’ZIZ)…