Middle East Economic Survey
TRADE AND COMMERCE
Abu Dhabi, VW Sign $1.4Bn Deal To Establish Spare Parts Plant
Abu Dhabi and German car-maker Volkswagen (VW) on 6 September signed an initial agreement to set up a VW spare parts plant in Abu Dhabi. The agreement follows a deal in June which saw VW team up with the Mubadala Development Company (Offset, which is owned by the Abu Dhabi Government) and the Saudi Olayan Group to buy the Netherlands LeasePlan Corporation ...