Aabar eyes investment in UAE, Algeria ventures

15 February 2010

Abu Dhabi-based investment firm Aabar Investments has said its board will consider investments in joint ventures in the UAE and Algeria, Bloomberg has reported. The board will meet on February 16 to consider an investment in a UAE-based joint venture company that will own and operate a manufacturing facility for tunnel-boring machinery and equipment and an investment in an Algerian joint venture company for the production of various vehicles in Algeria.

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