International
The company founded by Konstantinos Doxiadis is a member of the Quest group and has subsidiaries in 5 countries.
The proposed acquisition demonstrates the scale and ambition of Masdar’s growth plans in the region.
Brent crude oil prices have been trading near $80 per barrel in recent days, below what many OPEC+ members need to balance their budgets.
Faced with dwindling liquidity and a wave of demands from investors, Sternlicht’s investment vehicle blocks the doors.