VOL. XXXIX

No. 25

18-March-1996

UAE

Oil And Gas Service Company Set Up In Abu Dhabi

The Abu Dhabi Investment Company (ADIC), the Saif Group, the Dhafir Group and NICO Middle East last week announced the establishment of a new company, ADYARD Abu Dhabi, to provide marine services for the oil and gas sector in the Gulf. The new venture will invest more than $10mn in the construction of new facilities in the Musaffah industrial area in two stages. Stage I involves the construction and...