
The listed units of Abu Dhabi’s biggest oil company ADNOC plan to ramp up dividends to more than $40 billion combined by the end of the decade, with the bulk of the payouts going to a new international investment unit that’s scouring the world for acquisitions. One of the listed subsidiaries is ADNOC Drilling. Its CFO Youssef Salem spoke to Bloomberg’s Horizons Middle East and Africa anchor Joumanna Bercetche on the announcements from the Investors meeting. (Source: Bloomberg)
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