VOL. XLII
No. 34
23-August-1999
QATAR
New Private Sector Energy Company
A new Qatari public shareholding company, the UnitedDevelopment Company, has been formed. It plans to invest in energy projects,including power generation and distribution, in the refining and distributionof petroleum products, in petrochemicals and in manufacturing industry. Thefounders of the United Development Company include the Qatari Foreign Minister,Shaikh Hamad bin Jasim bin Jabir Al Thani, Al-Fardan Group of...
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