Abu Dhabi’s national oil-and-gas company Adnoc signed initial deals with German energy and industrial groups carrying a potential investment value of 5 billion euros ($5.81 billion). The agreements were made alongside Adnoc’s investment arm XRG and the United Arab Emirates emirate’s clean-energy company Masdar, with counterparties including RWE, Siemens Industrial, Siemens Energy, Covestro and Bosch Middle East. The deals form part of a major investment by the United Arab Emirates. Siemens Energy was shown up 2.44%, while Covestro was shown down 0.17% in the cited market data.