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Abu Dhabi mulls finance mergers
- United Arab Emirates: Saturday, November 08 - 2008 at 09:15
The chairman of Emirates Holdings said on Friday that the global credit crisis will make Abu Dhabi assess the feasibility of existing investment projects and may consider mergers in its banking and financial services sector, Reuters has reported. A board member of the Abu Dhabi Economic Development Council has concurred with the possibility of financial institution mergers and that the financial crisis signalled it was time to review some of the city's positions.
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