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“The memoranda of understanding reflect ADFD’s keenness to expand its investment and economic partnerships with the government of Turkmenistan,” Mohamed Al Suwaidi, director general of ADFD, said. “They also represent a quantum leap in the economic co-operation between the UAE and Turkmenistan.”
A separate agreement was signed to study the possibility of investing in a project to establish a $175m chemical industry complex in Turkmenistan to produce polyvinyl acetate, according to ADFD.
The Turkmen government and the Abu Dhabi fund also agreed to solidify their economic co-operation and study opportunities to finance infrastructure projects in various sectors, including renewable energy and air transport.
QLM holds Constitutive General Assembly meeting
31 Dec 2020 - 9:18
Sheikh Saoud bin Khalid bin Hamad Al Thani (right), Chairman of QLM, during the meeting.
The Peninsula
Doha: QLM Life & Medical Insurance Company QPSC held its Constitutive General Assembly meeting, yesterday. The constitutive general assembly was successfully concluded by a formal announcement of the incorporation of the converted company.
Thereafter, the first board meeting of the company was held in the presence of Sheikh Saoud bin Khalid bin Hamad Al Thani, the Chairman of the meeting and members of the Board of Directors, who unanimously appointed Fahd Mohamed Al Suwaidi as the Chief Executive Officer of QLM.