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FINANCIAL NEWS
Abu Dhabi welcomes international firms to invest in its oilfields
14 Jan 2014
(MENAFN) A number of international firms have shown interest in investing in Abu Dhabi’s largest oilfields as the emirate plans to strengthen its partnership with Western oil giants, according to Gulf Daily News.
The emirate also plans to allow big Asian buyers to take stakes in its oil business.
Abu Dhabi National Oil Company (ADNOC) is now completely responsible for the biggest oilfields in the UAE as its old venture with four of the world’s largest oil companies ended on January 11.
A number of companies whose participation has expired have also shown interest in the new project.
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BBK launches the largest-ever Al Hayrat Prizes, offering BD 5 million to over 2,000 winners
16 Jun 2025
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25 May 2025
BBK strengthens commitment to sports development through strategic partnership with Bahrain Basketball Association
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