ADNOC’s $20bln deal marks UAE as top investment hub, will trigger more deals – ZAWYA

ADNOC’s $20bln deal marks UAE as top investment hub, will trigger more deals – ZAWYA

ADNOC's $20bln deal marks UAE as top investment hub, will trigger more deals ADNOC's $20bln deal marks UAE as top investment hub, will trigger more deals | ZAWYA MENA Edition HomeBusinessEnergyArticleADNOC's $20bln deal marks UAE as top investment hub, will trigger more deals The transaction will result in upfront proceeds of over $10bln to ADNOC    Logos of ADNOC are seen at Gastech. Image used for illustrative purpose. ADNOC has signed a mega deal with a consortium of infrastructure investors and sovereign wealth and pension funds to invest in select ADNOC gas pipeline assets valued at $20.7 billion.Besides highlighting the UAE as a top investment destination, the deal will significantly help an oil industry that is languishing with low oil prices and will pave the way for similar deals in the future, experts told Zawya.The $20.7-billion deal is the biggest single infrastructure deal in the world this year.Besides highlighting the UAE as a top investment destination, the deal will significantly help an oil industry that is languishing with low oil prices and will pave the way for similar deals in the future, experts told Zawya.ADNOC has signed a mega deal with a consortium of infrastructure investors and sovereign wealth and