Austrian energy group OMV expects the Borouge-Borealis merger to have a positive effect of 120 million euros ($140.8 million) ...

After nearly two years of negotiations, Abu Dhabi National Oil Company and OMV agreed in March to merge their polyolefin ...

The Abu Dhabi petrochemicals producer intends to increase production of butene-1 from its Borouge 2 olefins conversion unit through the project ...

Mergers and acquisitions (M&A) involving the Middle East and North Africa (MENA) reached $115.5 billion in value in the first ...

Austrian energy group OMV expects the merger of Borouge and Borealis to have a positive effect of €120 million ($140.8 million) on its second-quarter operating result before special effects, it said ...

Despite moments of sharp market volatility brought about the US tariff saga and a smorgasbord of geopolitical, political, ...

Borouge extends bid deadline for butene-1 expansion The Abu Dhabi petrochemicals producer intends to increase production of butene-1 from its Borouge 2 olefins conversion unit through the project ...

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MENA region investment banking fees declined 2 per cent year‑on‑year in the first half of 2025, falling to US$773.7 million, the third‑highest H1 tally since 2000, according to London Stock Exchange ...

Borouge reported a net profit of $282 million in the third quarter of 2023, increasing by 22% quarter-on-quarter, supported by a 16% increase in sales volumes. On a year-on-year basis, net profit ...

Borouge is listed on the Abu Dhabi Securities Exchange (“ADX”) with 54 percent owned by ADNOC, 36 percent by Borealis, and 10 percent held by retail and institutional investors.