10.03.2011 - Mubadala seeks Dubal stake in strategic move
From Gulfnews.com: Abu Dhabi-based Mubadala Development Company has offered to buy shares in the state-owned industry giant Dubai Aluminium Company (Dubal) to form a holding company that includes Emirates Aluminium Company (Emal) and create a production capacity of 2.5 million tonnes annually, according to a top government official. ďUntil now no percentage [of shares] was specified but I think itís a good share,Ē Shaikh Hamdan Bin Rashid Al Maktoum, Deputy Ruler of Dubai and UAE Finance Minister and Chairman of Dubal, yesterday said at a press conference on Dubalís annual results..............................................Full Article: Source
Print