Middle East Economic Survey

VOL. L

No 19

7-May-2007

UAE

ADNOC, JBIC Sign Business Development Partnership MOU

Japan Bank for International Cooperation (JBIC) announced that on 29 April it had signed a memorandum of understanding (MOU) with Abu Dhabi National Oil Company (ADNOC) to establish a comprehensive partnership for business development in the oil and gas sector. The MOU will initiate consultations and information sharing on ADNOCs investments and JBICs lending schemes. It will also increase...