Middle East’s largest offshore contractor launches first public offering to raise $877 million

NMDC said in recent filing it has received approval from the Abu Dhabi Securities Exchange to proceed with IPO for portion of its NMDC Energy shares

NMDC Energy chief executive Ahmed Al Dhaheri.
NMDC Energy chief executive Ahmed Al Dhaheri.Photo: NMDC ENERGY
Published 30 August 2024, 06:30Updated 30 August 2024, 06:30
NMDC EnergyAbu DhabiADNOCSaudi ArabiaSaudi Aramco