Middle East Economic Survey
VOL. XLVII
No 24
14-June-2004
Abu Dhabi-VW Leasing Partnership May Develop Into Major Production Venture
On 26 May Germanys Volkswagen Group (VW), the Mubadala Development Company, which is owned by the Government of Abu Dhabi, and private Saudi Arabian company Olayan Group signed an agreement to purchase the Netherlands LeasePlan Corporation, which is the fourth largest car leasing operation in the world. The proposed structure of the deal will give the Abu Dhabi...
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