The pace of secondary offering in the Emirati Money Market is accelerating, driven by a growing appetite at Institutions, amid the preparation of major entities to seize the financial opportunity before the end of 2025. The latest of these deals came from the abu Dhabi National Oil Company “,) Announced the completion of the process of offering 22 million additional shares from its “adnoc supply and services unit” for Investment Institutions, at a price of 5.25 dirhams the share is equivalent to $ 317 million (1.16 billion dirhams). ‘ADNOC’ explained that the proposal saw an exceptional request of investment institutions in the wolves and international markets, according to a Bloomberg statement. With the completion of the agreement, the percentage of free shares of ADNOC offer and services will rise to 22%, while ADNOC maintains the majority of 78% of capital. ‘ADNOC’ also promised not to sell any additional shares in the company during a six-month period from the date of closing the agreement, according to the ‘lock-up agreement’, with ordinary exceptions. Although secondary offices in the region are still relatively limited, their size in the vague exceeded the initial subscriptions during the first half of 2025, powered by large transactions such as a secondary launch for ‘ADNOC Gas’, which collected about $ 3 billion and sold an investor in an stake in an ‘Abu Dhabi first bank’ worth $ 477 million. This wave is expected, with ‘Mubadala Investment’ preparations to sell part of its $ 1 billion share in the telecommunications company “Du”, will continue through a secondary offer that is expected to start after the summer.
Adnoc improves the momentum of high school in the UAE by $ 317 million
