Abu Dhabi kicks off Adnoc Distribution privatisation

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Abu Dhabi kicks off Adnoc Distribution privatisation

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A view of the skyline in Abu Dhabi, United Arab Emirates, 30 October 2012. Photo: Jens Buettner | Jens Büttner/DPA/PA Images

Abu Dhabi National Oil Co, the oil company owned by the government of the United Arab Emirates, has announced plans to float its chain of petrol stations in the UAE in an IPO on the Abu Dhabi Securities Exchange.

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