Middle East Economic Survey

VOL. LI

No 15

14-April-2008

UAE

Abu Dhabis IPIC Acquires 2% Stake In Energia De Portugal

Abu Dhabis government-owned International Petroleum Investment Company (IPIC) announced on 9 April that it had acquired a 2% stake in Energia de Portugal to pursue investment opportunities jointly in the power and water sector, especially in the MENA region. The cooperation is also intended to create opportunities in the field of conventional and renewable energy generation and...