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GCC invests $120bn in oil and gas
- Saudi Arabia: Tuesday, November 14 - 2006 at 08:16
Gulf countries will invest $120bn in the oil and gas sectors between 2006 and 2010, Gulf News quoted a senior Saudi official as saying. Saudi leads with investment worth $50bn planned, then Qatar($28bn), The UAE($19bn), Kuwait($13bn)and Oman($10bn), said Dr Bandar bin Salman bin Mohammad Al Saud, president of the Saudi Arbitration Group.
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James McInerney, News EditorTuesday, November 14 - 2006 at 08:16 UAE local time (GMT+4)
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This article was updated on Sun Dec 24 2006.
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