Several multinational energy companies, including U.S. giant Chevron, have pulled out of their oil and gas exploration blocks in Egypt’s Red Sea after failing to make any viable discoveries, Egypt’s Ministry of Petroleum confirmed this week.
KKR and I Squared Capital are among global asset managers bidding for a district cooling business owned by Abu Dhabi's Multiply Group, part of a $1.5 trillion empire overseen by one of the UAE's most powerful Sheikhs, three sources said.
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