The strategy reflects ADNOC's effort to use XRG as a global investment vehicle, expanding its business in energy, chemicals and other industries
The financing structure is modeled on Aramco's pipeline transactions, which drew EIG Global Energy Partners and Global Infrastructure Partners
The Dubai-based founder of Emaar Properties plans to build tens of thousands of homes alongside resorts, offices, schools and hospitals
The review comes as the Public Investment Fund reins in spending for its portfolio companies, slows parts of NEOM and cuts support for LIV Golf
The move is part of a wider UAE effort to protect its economy after conflict with Iran sharply reduced traffic at Jebel Ali, the country's biggest port
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