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News: UAE
USA/UAE: MIDDLE EAST ENVIRONMENTAL PARTNERSHIP
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UAE: SLG PLAN BIG NEW DUBAI HUB
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UAE: AL RAWABI INVEST IN BIG ABU DHABI FACILITY
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UAE/Israel: TNUVA AND EFI IN NEW JOINT VENTURE
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UAE/Israel/China: TNUVA AND EFI IN NEW JOINT VENTURE
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Egypt: ABU DHABI EYE JUHANA INDUSTRIES
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UAE: ITALIAN DAIRY PRODUCTS DOUBLE CAPACITY
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Uruguay/UAE: 4,500 COWS SHIPPED TO ABU DHABI
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UAE/NZ: FONTERRA IN UAE DISTRIBUTION DEAL
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UAE: EMBATTLED ABRAAJ SUED BY TURKISH DAIRY FOUNDER
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UAE: NATIONAL FOODS ABANDON IPO
National Food Products are understood to have abandoned current plans to sell a stake in the company. The sale was allegedly suspended after bidders questioned the value and cost of an expansion project. The project will go ahead without the equity funding. Private-equity firms KKR & Co., Blackstone Group LP, Dubai-based Fajr Capital as well as Saudi Arabian dairy company Almarai were reported to be interested in taking a stake in National Food. The sale was expected to value the business at around $1.5bn.
Saudi Arabia/UAE: ALMARAI SEEK TO BUY INTO NFP
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UAE: AL RAWABI TO INVEST ANOTHER US$22m
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NFPC PREPARE TO SELL MAJOR STAKE
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AL RAWABI ADDING 7,000 COWS
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RAJASTHAN TO EXPORT TO UAE
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DAIRY COMPANY FINED FOR PRICE INCREASE
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