As Aramco hails record IPO, Abu Dhabi’s ADNOC whips up $19 billion

Hellenic Shipping News | Jan 16, 2020 at 12:00 AM
  • The talk’s all been about Saudi Aramco, and the suspense of its historic drive to whip up international cash.
  • A central part of that has been to reform and modernise state champion ADNOC and attract foreign investment.
  • PRINCE PUSHES FOR CHANGE The reforms have been driven by Abu Dhabi Crown Prince Sheikh Mohammed bin Zayed, de-facto ruler of the wider United Arab Emirates.