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UAE investors allocate $800m to partner with ADNOC in developing Chemicals Projects

RIYADH: The Abu Dhabi Chemicals Derivatives Company, TA’ZIZ, has signed an agreement worth around 3 billion dirham ($800 million) to facilitate projects in the chemical industry with eight UAE-based investors. The investors will take a stake of up to 20 percent in a portfolio of chemicals projects worth 15 billion dirhams alongside the Abu Dhabi National Oil Company, ADNOC, ....

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