CorporateMiddle East

UAE’s Adnoc launches $80 billion investment unit

By LNG Prime Staff
UAE's Adnoc launches $80 billion investment unit
Image: Adnoc

Adnoc said on Wednesday XRG aims to more than double its asset value over the next decade by capitalizing on demand for low-carbon energy and chemicals driven by three megatrends: the transformation of energy, exponential growth of AI, and the rise of emerging economies. According to Adnoc, the independently operated investment company will initially focus…

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