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


Mustafa Alrawi
  • English
  • Arabic

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

Last-16 Europa League fixtures

Wednesday (Kick-offs UAE)

FC Copenhagen (0) v Istanbul Basaksehir (1) 8.55pm

Shakhtar Donetsk (2) v Wolfsburg (1) 8.55pm

Inter Milan v Getafe (one leg only) 11pm

Manchester United (5) v LASK (0) 11pm 

Thursday

Bayer Leverkusen (3) v Rangers (1) 8.55pm

Sevilla v Roma  (one leg only)  8.55pm

FC Basel (3) v Eintracht Frankfurt (0) 11pm 

Wolves (1) Olympiakos (1) 11pm 

Company Profile

Name: Thndr
Started: 2019
Co-founders: Ahmad Hammouda and Seif Amr
Sector: FinTech
Headquarters: Egypt
UAE base: Hub71, Abu Dhabi
Current number of staff: More than 150
Funds raised: $22 million