VOL. XLI

No. 45

9-November-1998

UAE

Shareholding In UAEs Sina'at Detailed

The UAE Minister of State for Finance and Industry, Dr. MuhammadKhalfan Khurbash, has recently given details of the distribution of the shareholding inthe Dh-4bn ($1.1bn) capital of the Emirates Basic Industries Company (Sina'at), which isin the process of being established (MEES, 12 October). The Governments of AbuDhabi and Dubai will each have a 10% stake in the companys capital, the foundingshareholders from the UAE...