Middle East Economic Survey

VOL. LII

No 12

23-Mar-2009

UAE

Banks Await Award Of Tacaamol Financial Advisory Mandate

Banks are awaiting the award of the financial advisory mandate for the multi-billion dollar Tacaamol petrochemical complex, which will be the first stage of the Abu Dhabi National Chemicals Company (Chemaweyaat) development. Abu Dhabi authorities are accelerating investment in the Chemaweyaat Industrial City, which will host multiple mega-petrochemical complexes utilizing the emirates...