KKR takes stake in Abu Dhabi’s ADNOC

KKR acquired a minority stake in the lessor of ADNOC’s gas pipelines as the global investment firm makes a Gulf push and appetite grows among the region’s energy majors to do deals with foreign …

Alec Holding raises $381m in Dubai IPO

UAE construction and engineering company Alec Holdings has raised Dh1.4 billion ($381.2 million) from its initial public offering on the Dubai Financial Market, setting the price range at the top end …