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UAE and Libya form $600m investment firm
- United Arab Emirates: Wednesday, May 21 - 2008 at 13:50
The UAE and Libya have agreed to form a $600m trade and investment company, according to UAE's state-run WAM news agency reported. The Libyan-Emirati Holding Co.'s first project will be a mixed-use development and yacht club in Tripoli. Further projects are planned in real estate, tourism, and energy sectors.
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Jeff Florian, Senior ReporterWednesday, May 21 - 2008 at 13:50 UAE local time (GMT+4)
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