Author: dailyguardian.ae
Abu Dhabi National Oil Company (Adnoc) announced on Wednesday its intention to offer approximately 880 million ordinary shares, corresponding to approximately 5.5 per cent of the issued and outstanding share capital of Adnoc Drilling, through a bookbuild offering. The offering is open only to professional investors as defined by the UAE Securities and Commodities Authority. The bookbuilding period will begin immediately and is expected to close on Thursday, subject to acceleration. The final number of shares to be placed and the offering price will be determined at the close of the bookbuild process. Final terms of the offering are expected…
The Dallas Mavericks and Minnesota Timberwolves meet for Game 1 of the West finals at the Target Center tonight. The ‘Wolves got here by knocking off the defending champions in a historic Game 7 comeback, while the Mavs put away the No. 1 seed in six games. It was two wholly impressive performances, and it sets up a highly intriguing battle for a trip to the finals. Game 1 is just about to tip off, at 8:30 p.m. ET, so grab a streaming option from below as quick as you can. The game will be televised on TNT, but if…
Children got a starring role at London’s Chelsea Flower show, which opened to the public Tuesday, with a “no adults allowed” garden and a chance to judge six of the biggest showcases. The five-day horticultural extravaganza, which expects over 150,000 visitors between now and Saturday, does not allow entry for under-fives and has a policy of charging older children full price, which is enough to deter most families. But the tide appears to be turning with school children this year invited to design their own garden. King Charles III, a passionate environmentalist, and Queen Camilla on Monday got a preview…
Adnoc announced on Wednesday the acquisition of Galp’s 10 per cent interest in the Area 4 concession of the Rovuma basin in Mozambique, marking a major milestone in the company’s international growth strategy. The acquisition will entitle Adnoc to a share of the liquefied natural gas (LNG) production from the concession, which has a combined production capacity exceeding 25 million tonnes per annum (mtpa). The Area 4 concession includes the operational Coral South Floating LNG (FLNG) facility, the planned Coral North FLNG development and the planned Rovuma LNG onshore facilities. This strategic investment is Adnoc’s first in Mozambique and complements…
Once you’ve done and seen everything there is in the base Fallout 4 game, it’s time to venture out beyond the Commonwealth. The Far Harbor DLC was the first to add an entirely new zone to the game, but it doesn’t stick it onto the existing map. It doesn’t take long to get yourself to the new island once you know the proper steps, but you need to do a few specific things in the game before it will be an option, and the game won’t tell you what those requirements are. This is all you need to know about…
British Prime Minister Rishi Sunak called a national election for July 4 on Wednesday, saying Britons would be able to choose their future in a vote his Conservatives are widely expected to lose to the opposition Labour Party after 14 years in power. Ending months of speculation as to when he would call a new vote, Sunak, 44, stood outside his Downing Street office in pouring rain and announced he was calling the election earlier than expected, a risky strategy with his party far behind Labour in the opinion polls. Almost shouting to be heard above an anthem associated with…
Even as they acknowledged disappointment over recent inflation readings, Federal Reserve officials at their last policy meeting indicated they still had faith price pressures would ease, if only slowly, according to the minutes of the U.S. central bank’s April 30-May 1 session. “Participants … noted that they continued to expect that inflation would return to 2% over the medium term,” the minutes said, but “the disinflation would likely take longer than previously thought.” While the policy response for now would “involve maintaining” the central bank’s benchmark policy rate at its current level, the minutes, released on Wednesday, also reflected discussion…
Virat Kohli suffered more heartbreak on Wednesday as Royal Challengers Bengaluru were knocked out of the IPL after a four-wicket loss to Rajasthan Royals in Ahmedabad. Rajasthan restricted Bengaluru to 172-8, a total they overhauled with six balls to spare in the do-or-die playoff at the world’s biggest cricket stadium. Bengaluru and Kohli extend their wait for a first IPL title. Rajasthan will face Sunrisers Hyderabad in the last playoff on Friday in Chennai to decide Kolkata Knight Riders’ opponent in the final on May 26. Kolkata made their fourth IPL final after they hammered Hyderabad in the first playoff…
Every game with an in-game shop like XDefiant also needs its own form of currency. Typically, there’s more than one to make things even more complicated. XCoins are the name for Ubisoft’s premium currency needed to buy most of the cosmetics, such as skins and animations. Some games allow you to earn small amounts of the premium currency for free, while others only sell it to you in exchange for real cash. You don’t have to pay to start playing, but will you need to start spending money once you do? Let’s dig in and find the answer. How to…
Rabie bin Yaqut, a popular Emirati poet from Ajman, has passed away. Sheikh Ammar bin Humaid Al Nuaimi, the Crown Prince of Ajman, took to Instagram to offer his condolences to the poet’s family and loved ones. “We ask God to have mercy on him and grant him paradise,” he said, in a story on the social media application. The UAE royal also called the veteran the “fruit of Emirati poetry” on X and said, “The maker of joy passed away after a beautiful journey that shaped our consciences and deepened our feelings, leaving a rich legacy of creativity”. Earlier…