NOS. 13/14

26-DEC-94/2 JAN 95


Abu Dhabi Issues Law To Boost GIC's Role In Local Industrialization

The General Industry Corporation (GIC), which was set up by the Abu DhabiGovernment in 1979 to promote the non-oil related industrial development, hasbeen given wider powers to play a greater role in the economy, according to anew law issued in December by Shaikh Khalifah ibn Zayid Al Nuhayyan, Abu Dhabi'sCrown Prince and Prime Minister. The restructuring of GIC is significant at a...