Middle East Economic Survey

VOL. LIII

No 51

20-Dec-2010

UAE/YEMEN

Mubadala To Seek Investment Opportunities In Yemen

Abu Dhabi’s investment arm Mubadala Development Company has signed a memorandum of understanding (MOU) with the Yemen Company for Investment in Oil and Minerals (YICOM) to seek out exploration and investment opportunities in Yemen’s oil and gas sector. Under the terms of the agreement, Mubadala Oil and Gas will exchange technical information with YICOM on...