Monday, March 07, 2011

General Holding Corp to invest 15 billion dirhams in Abu Dhabi’s metals and petrochem sector over five years

Abu Dhabi government-owned General Holding Corporation plans to invest up to 15 billion dirhams in the metals and petrochemicals sector over five years as part of a diversification push. The firm is pplanning to tap debt markets through a bond issue in 2012 or 2013 to finance its petrochemical investments.

For more details on General Holding Corp to invest 15 billion dirhams in Abu Dhabi’s metals and petrochem sector over five years click here

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