VOL. XXXII

NO. 37

19-JUNE-1989

UAE

ADNATCO's Capital Raised to $136mn

The authorized capital of the Abu Dhabi National Tankers Company (ADNATCO) -a 100% subsidiary of the Abu Dhabi National Oil Company (ADNOC) - has beenraised to Dh500mn ($136mn) from the original Dh4mn ($1.1mn) by a decree issuedon 11 June and signed by Shaikh Khalifah ibn Zayid Al Nuhayyan, President of theSupreme Petroleum Council, Crown Prince and President of the Executive Council.The decree also increased the paid-up capital...