Aabar Investments has agreed to sell Dhs1.5bn ($410m) of convertible bonds to International Petroleum Investment Co (IPIC), Bloomberg has reported. The bonds will be issued at a conversion price of Dhs2.5, Aabar said.
You might also like...
Partanna and Saudi firm tests carbon negative concrete
25 April 2024
Hassan Allam and Siemens confirm Hafeet Rail award
24 April 2024
UAE builds its downstream and chemical sectors
24 April 2024
Acwa Power eyes selective asset sales
24 April 2024
A MEED Subscription...
Subscribe or upgrade your current MEED.com package to support your strategic planning with the MENA region’s best source of business information. Proceed to our online shop below to find out more about the features in each package.
