Abu Dhabi, UAEWednesday 15 July 2020

Business Extra: Adnoc’s CFO Ahmed Al Zaabi on its $20 billion gas pipelines deal

The investment by six global institutions and funds brings in $10 billion in foreign direct investment for the UAE which should spur more inflows Al Zaabi says

Six of the world’s leading investors, a total deal value of $20.7 billion, upfront proceeds of $10 billion. The Abu Dhabi National Oil Company has secured the biggest ever energy infrastructure deal in the region. Also one of the largest foreign direct investments in recent years, all amid a global pandemic.

This week on a special edition of Business Extra, Assistant Editor in Chief Mustafa Alrawi talks to Ahmed Al Zaabi, chief financial officer at Adnoc.

Read more on our website:

Record $20.7bn investment deal for Adnoc's gas pipelines

Adnoc's $10 billion windfall shows 'UAE attractive as top FDI destination amid pandemic'

Adnoc CFO says previous pipelines deal served as springboard for record $20bn valuation

Updated: June 23, 2020 11:54 AM

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