23 Hrs
Source:
الاقتصادية
Emirates Energy Divests '2.0 Point'
The "2 Point Zero" Group has completed the sale of its 7.29% stake in Abu Dhabi National Energy Company "Taqa," with the aim of enhancing liquidity and redirecting capital toward new investments in strategic sectors. This move is part of a strategy to improve investment portfolio efficiency, focusing on supporting its financial resilience and financing future projects in the energy, mining, consumption, and food sectors. The group aims to strengthen its ability to capitalize on growth opportunities and generate higher cash flows by focusing on high-quality assets.
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