Middle East Economic Survey

VOL. XLVIII

No 25

20-June-2005

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Mubadala Expands Global Reach With Planned Shell Strategic Alliance

Mubadala Development Company, a wholly-owned investment and development vehicle of the Abu Dhabi government, has expanded its global reach with the signing of a memorandum of understanding (MOU) with Shell EP International with the aim of forming a strategic alliance. A Shell statement said it provided the general framework upon which Mubadala Development and Shell...