Energy, Oil & Gas

Carlyle 'in talks' with UAE partners on Russian Lukoil's $20bn overseas assets

US private equity firm Carlyle has begun talks with UAE investors to ‌bring in partners should its deal to buy Russian Lukoil's international assets worth $20 billion proceed, said a report. Lukoil boasts strategic stakes in European refineries as well as significant holdings in oil fields from Iraq to Kazakhstan. ...

Energy, Oil & Gas

IHC announces leadership team for 2PointZero after mega merger

IHC, a global investment company focused on building dynamic value networks, has announced the proposed leadership team for 2PointZero Group, the newly formed investment holding company created through the merger of 2PointZero, Multiply Group, and Ghitha Holding. ...

Energy, Oil & Gas

RIQ, Masdar join forces to boost risk transfer for clean energy projects

RIQ, the AI-native reinsurance platform purpose-built for the future of global risk transfer and a subsidiary of IHC, has signed an agreement with Abu Dhabi-based Masdar to design tailored capital efficient reinsurance solutions for renewable energy infrastructure....

Energy, Oil & Gas

IHC plans $32.68bn merger of 2PointZero, Multiply and Ghitha

IHC, an Abu Dhabi-based global investment company, plans to merge its flagship companies 2PointZero, Multiply Group, and Ghitha Holding into a single, next‑generation investment powerhouse valued at AED120 billion ($32.68 billion), creating one of Abu Dhabi’s largest listed investment companies....