VOL. XXXIX

No. 37

10-June-1996

UAE

EPPCO To Spend $82Mn On Modernizing Retail Outlets

The Managing Director of the Emirates Petroleum Products Company (EPPCO), Mr. Husain Sultan, announced last week that EPPCO plans to spend some Dh300mn ($82mn) over the next four years to modernize its 100 retail service stations in Dubai and the northern emirates. EPCCO, which entered the retail products distribution market in the northern emirates in 1988, is owned 60% by the Dubai Government (via...