Abu Dhabi Investment Authority interested in Eni's Snam stake
Source: BI-ME with Bloomberg , Author: Posted by BI-ME staff
Posted: Sun June 17, 2012 7:21 pm

INTERNATIONAL. The Abu Dhabi Investment Authority and other Mideast sovereign-wealth funds have shown interest in buying Eni SpA (ENI)’s remaining stake in Snam SpA (SRG), newspaper Il Sole 24-Ore reported, without saying where it got the information.

Italy’s biggest oil company plans to sell its remaining 20% holding and may break it into 5% portions, Il Sole reported.

 

MIDDLE EAST BUSINESS COMMENT & ANALYSIS

date:Posted: May 17, 2018
UAE. The report states that 50% of SME funding applications are rejected by banks and that alternative trade finance, powered by FinTech and Blockchain, is on the rise.
date:Posted: May 17, 2018
INTERNATIONAL. New research shows trust in organizations is diminished as consumers believe businesses don't know how to protect their data.
date:Posted: May 16, 2018
UAE. Over the last 6-12 months there has been a reversal of trends from off-plan to ready units as money flows switch from the former to the latter; There has been a slump in off-plan sales; Ready transactions remain stable.
dhgate