Abu Dhabi to Merge Sovereign Investment Funds

The video discusses the impact of declining oil prices on business decisions in the Gulf region, particularly in the UAE and Abu Dhabi. It explores the merger of two major entities, focusing on their investment strategies and energy assets. The merger aims to create synergies by combining non-overlapping assets. The timeline and considerations for the merger are also covered, along with the future prospects of Taka, Abu Dhabi's utility company, which is not part of the merger.

What is the significance of the merger mentioned in the text?

What challenges does Taka face according to the text?