ADNOC Group offers 5.5% stake in drilling unit

UAE’s ADNOC Group offloads $935m stake in drilling unit

The state energy firm offloaded 880 million shares at Dhs3.90 apiece, approximately 70 per cent above the IPO price of Dhs2.30

Chinese funds look to the Middle east

China equity funds look to Middle East cash as US investments wane

Big US investors such Texas Teachers’ Pension and California State Teachers’ Retirement System have cut exposure to Chinese equities

Abu Dhabi’s ADNOC Distribution to join MSCI emerging markets index on May 27

The fuel retailer will now be among nine UAE-listed companies to be part of the index

Kuwait bourse debuts in region’s best 1st-day pop for a year

Boursa Kuwait joins Dubai Financial Market and Tel Aviv Stock Exchange as publicly traded regional exchanges