VOL. XXXII
NO. 33
22-MAY-1989
FINANCIAL AND BANKING NEWS
INVESTMENT ACTIVITIES
Capital Increase for UAE-Egyptian Company
The capital of the UAE-Egyptian Investment Company is to be raised to $75mnfrom the original $50mn fixed in 1977 when the company was established (MEES,30 October 1977). The capital increase was agreed on at a recent meeting of thecompany's board in Abu Dhabi, and will facilitate expansion into new projects.The company, which was set up under the terms of the Law on Arab and...
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