Aabar considers investments in UAE, Algeria

14 Feb 2010

(MENAFN) A statement issued by Aabar Investments said that the firm is considering industrial investments in the UAE and Algeria this year, Reuters reported.

Aabar said that it would invest in a UAE-based joint venture, under which it would own and operate a manufacturing facility for tunnel-boring machinery.

The firm is also considering an Algerian joint venture for the production of vehicles, according to a statement released on the Abu Dhabi bourse.

Aabar will consider the investments at a board meeting due on February 16.

More News

This website uses cookies to ensure you get the best experience and by clicking “I Accept” below, you consent to the use of cookies. Learn more

This site is registered on as a development site.