Abaar Petroleum Investment Company announced

posted on 05/06/2005: 891 views

The establishment of Abaar Petroleum Investment Company has been officially announced yesterday following a meeting convened by the company's General Assembly chaired by Suhail Faris Al Mazzroui, Chairman of the company's Founders' Committee. The Abu Dhabi Economy and Planning Department has to this effect issued decree no. 2 for the year 2005 stipulating the establishment of the said company with a Dh 900 million capital. (The Emirates News Agency, WAM)

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