Economy










ADNOC to start floating LNG import terminal later this year

LONDON: Abu Dhabi National Oil Co. (ADNOC) plans to start a new liquefied natural gas floating import terminal (FSRU) in the second half of this year, three LNG industry sources said.



Kingdom witnesses one IPO in Q4 raising $101 million

JEDDAH: The final quarter (Q4) of 2015 echoed the sluggish initial public offering (IPO) performance in Q3 proving that 2015 was a volatile year for IPOs in the Gulf Cooperation Council (GCC).



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