Thursday 24 July 2014

Mubadala sells stake in Petrofac Emirates

Abu Dhabi-based Mubadala Petroleum has announced the sale of its 51 per cent interest in Petrofac Emirates to Nama Project Services, an affiliate of energy group Nama Development Enterprises, for an undisclosed sum. Completion of


WTO backs UAE trade move

The World Trade Organisation (WTO) members have expressed significant interest in a  UAE initiative to liberalise the trade in raw materials during discussions on the non-agricultural products market, also simply referred to as 'NAMA'.

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