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Article: Abu Dhabi- UAE Offset Group.
- Article from:
- APS Review Downstream Trends
- Article date:
- January 25, 1999
CopyrightCOPYRIGHT 1999 Input Solutions. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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Established in 1998, UOG is controlled by the governments of Abu Dhabi and Dubai. The group is in charge of channelling defence-related investments into profitable projects in various sectors to help diversify the UAE economy. The funds emanate from the offset investment programme of the federal defence ministry, a programme which requires foreign defence suppliers to invest locally an important part of their UAE orders. UOG identifies to projects in which offset investments are to be placed by the foreign suppliers in partnership with local investors. Several huge defence companies have set up offices in Abu Dhabi to launch offset projects identified by UOG. These ...
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Article: QATAR: PLANS FOR $8,000,000,000 TO $10,000,000 GAS FIELD ...
WWP-Business Opportunities in Africa & the Middle East;
May 1, 1999 ;
700+ words
... ... foreign markets. In so doing, UOG is said to be playing a key role ... According to Amin Badr el-Din, UOG Chairman, his company has thus ... will enable linking Ras Laffan and Abu Dhabi. As a result, UOG is now said to be seeking joint ...
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