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FINANCIAL NEWS
Scotland may sign deal with Abu Dhabi’s Masdar
07 Nov 2011
(MENAFN) Scottish First Minister Alex Salmond expected to sign a significant research and investment deal with Abu Dhabi’s Masdar in 2012, Arabian Business reported.
Salmond added that Masdar CEO, Dr Sultan Ahmed Al Jaber, has requested Scotland fast-track a detailed framework for action in a bid to grow renewable energy research and investment opportunities between the two countries.
It is worth mentioning that Abu Dhabi-based energy firm TAQA announced lately a plan to invest an additional USD600 million in the North Sea following by 2013.
Salmomd said that the Scottish government supports changes to the North Sea tax structure associated with recovering oil from smaller fields such as those operated by Taqa.
More News
08 Apr 2026
BBK awards over BD 1 Million to 273 winners in the February Al Hayrat Grand Prizes draw
01 Mar 2026
BBK activates partial remote working system for its workforce to ensure employee and customer safety and service continuity
24 Feb 2026
BBK discloses its financial results for the year ended 31st December 2025
05 Feb 2026
BBK announces December Al Hayrat Grand Prize winners and another wave of Grand prizes for February
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