VOL. XXX
NO. 14
12-JANUARY-1987
UAE
Abu Dhabi Reconstitutes International Petroleum Investments Company
The President of the UAE and Ruler of Abu Dhabi, Shaikh Zayid ibn Sultan al-Nuhayyan,has issued a new law No. 2 of 1987 providing for the reconstitution of theInternational Petroleum Investments Company (IPIC) which was first establishedin May 1984 with a capital of $500mn owned equally by Abu Dhabi National OilCompany (ADNOC) and the Abu Dhabi Investment Company (ADIC), the commercial armof...
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