Fertiglobe, AD Ports to explore supply chain opportunities

Fertiglobe, AD Ports partner to explore supply chain opportunities

The two entities agreed to leverage AD Ports’ cargo handling and storage infrastructure to advance urea and ammonia storage and shipping capabilities

Adnoc L&S IPO is oversubscribed. Image credit: WAM

ADNOC Logistics gets $125bn in orders for $769m IPO

ADNOC sold 1.41 billion shares in its maritime logistics unit at Dhs2.01 a share, valuing the company at $4.05bn


Abu Dhabi’s Fertiglobe reports 84% rise in adjusted net profit for Q3 2022

The company’s Q3 2022 revenues increased 52 per cent year-on-year to total $1.32bn

Abu Dhabi Securities Exchange adds stock futures to derivatives market

Abu Dhabi Securities Exchange adds five single stock futures to derivatives market

From October 6, stock futures on Abu Dhabi Islamic Bank, Abu Dhabi Commercial Bank, Fertiglobe, Borouge and AD Ports will be available for trading on the derivatives market

Abu Dhabi Fertiglobe

Abu Dhabi’s Fertiglobe delivers revenue growth of 105% to $1.471bn

The fertiliser company, a joint venture between ADNOC and OCI, reported that its free cash flow increased to $789m in Q2 2022 from $328m in Q2 2021

Fertiglobe announces $340m dividend after Q4 2021 results

The company, a joint partnership between Abu Dhabi’s ADNOC and the Netherlands-based OCI, reported a revenue rise of 113 per cent to $3.31bn in 2021

Abu Dhabi’s Masdar, ENGIE sign agreement with Fertiglobe to develop green hydrogen

The three companies will study the development, design, financing, operation, and maintenance of an industrial-scale facility in Al Ruwais, Abu Dhabi

Fertiglobe surges 20% in Abu Dhabi debut after $795m IPO

The company reported revenue of $1.55bn in 2020 and $1.26bn for the first six months of 2021

Abu Dhabi fertilizer firm Fertiglobe raises $800m in IPO backed by Singapore

The company will be valued at $5.8bn and the stock will start trading in Abu Dhabi on October 27

Fertiglobe set to price Abu Dhabi IPO at top end of price range

ADNOC and OCI are offering 13.8 per cent of Fertiglobe in the IPO

Ruwais blue ammonia

Fertiglobe joins ADNOC’s blue ammonia facility in Abu Dhabi’s Ruwais

The facility which will likely be operational by 2025, will have a capacity of up to 1 million tons per annum

Abu Dhabi, OCI said to pick banks for IPO of fertilizer venture

The company could be valued at about $7bn including debt in the listing

Abu Dhabi oil giant ADNOC considers drilling, fertilizer IPOs

Deliberations on the potential listings are ongoing and no final decisions have been made