The deal is expected to close next year and marks a significant step in Adnoc's international expansion

South African diversified investment holding company Reatile Group and ADNOC Distribution, part of Abu Dhabi’s State-owned energy group ADNOC, have announced that they have agreed…

Simphiwe Mehlomakulu’s Reatile Group will take a minority stake in Shell’s South African fuel network after ADNOC completes its proposed $1 billion acquisition